Auto makers - another industry looking for government help

Automobile industry is one of the parts of the economy which was really hurt by the crisis. The demand for cars has dropped radically and most of the biggest companies struggle to survive in these hard times. They have to cut costs and… some of them ask the US government for bailout. The “big 3″ - [...]

Crude oil price - good example of the crisis

Crude oil price changes may be considered one of the best examples of the scale of the crisis. In the first half of 2008 the price of oil was going up and up, reaching almost $150, and many experts predicted it to go even higher. Now, the price is around $50-$55, so it went down [...]