Wow this is what the public felt after the BP Oil Spill incident!
http://www.google.ae/imgres?num=10&hl=en&tbo=d&biw=1024&bih=403&tbm=isch&tbnid=QkhxUS53vDWgWM:&imgrefurl=http://www.bbc.co.uk/news/world-us-canada-10874983&docid=P6toHY706n0yPM&imgurl=http://news.bbcimg.co.uk/media/images/48615000/jpg/_48615403_48615407.jpg&w=304&h=171&ei=uXD-UIyNCMrNrQfqnIDwDQ&zoom=1&iact=rc&dur=78&sig=104430069607362362729&page=1&tbnh=136&tbnw=225&start=0&ndsp=9&ved=1t:429,r:0,s:0,i:79&tx=166&ty=78

Quick and Effective Definiton of the Business Cycle

The link below takes you to a website that gives you a definition of the Business Cycle; describing it in every way and the article is quite short. Talks a bit about recession and peak moments as well. Give it a read:

http://economics.about.com/cs/studentresources/f/business_cycle.htm

Check out the 

TOP 5 MOST EXCITING GADGETS FOR 2013

http://sciencefocus.com/news/top-5-most-exciting-gadgets-2013

were the UK's economy places in Europe

The United Kingdom’s economic freedom score is 74.8, making its economy the 14th freest in the 2013 Index. Its score is 0.7 point higher than last year, showing its efforts to improve control of government spending. The U.K. is ranked 5th out of 43 countries in the Europe region.

 the U.K. has long benefited from openness to global trade and investment. Reforms undertaken in recent years include measures to curb the growth of government spending and a series of corporate tax rate cuts that will continue until 2014. Ending the steady erosion of economic freedom during the past five years, Britain’s overall score increased in the 2013 Index.

Triple-dipping with the UK economy?

To double-dip with a crisp is one thing but to triple-dip with the UK's economy is something else!
This article discusses how the UK may soon fall into a third recession even after the massive sales of Olympic tickets we were all relying on to save us.

10 FACTS ABOUT UK ECONOMY

1. The UK is the world’s sixth largest economy and one of the world’s top ten manufacturers
2. The UK is the world’s second largest services exporter and the world’s sixth largest trading nation.
3. The World Bank rated the UK first in Europe and fourth in the world on its “Ease of Doing Business Ranking”.
4. The UK is the number one location for European headquarters: more overseas companies have their European headquarters in the UK than in France and Germany put together.
5. Six of the world’s top ten vehicle makers are based in the UK – the industry accounts for eleven per cent of the UK’s manufactured exports.
   
6. The UK has the world’s second-largest aerospace market share, with an annual turnover of £20 billion each year.
   
   
7. London’s global financial centre was ranked in first place in the 2011 Global Financial Centres Index. Across the UK, there are over one million people employed in financial services.
8. UK academic institutions include four of the world’s top ten universities.
9. The UK has created five of the world’s top twenty best-selling medicines.
10. The UK’s low carbon industry is worth £112 billion a year and employs 910,000 people.

UK economy shrank towards the end of 2012

UK economy shrank towards the end of 2012

• The UK economy contracted by 0.3% in the last three months of 2012, according to the National Institute of Economic and Social Research (NIESR).
• The NIESR blamed it on artificially strong growth in the third quarter.
• If the figure is confirmed by official data later this month, it will mean that the economy returned to growth for only a single quarter.
• It would also mean the economy saw zero growth for the whole of 2012.
• All tickets for the Olympics and Paralympics were considered in the official statistics to have been bought in the third quarter of 2012, when the games took place.
• That flattered the economy, which registered growth of 0.9% in the three-month period.
• The index of production grew 0.3% in November, compared with October, but had been expected to grow more as some North Sea oil and gas production resumed following maintenance.
• Construction sector output contracted 3.4% in the month.
• But both sectors are much smaller than the service sector, which posted 0.1% growth in October compared with September.
• Official figures for the service sector for November have not yet been released, but the widely-watched Markit/CIPS purchasing managers' index showed the sector growing at its slowest pace for two years in the month.

new cars in 2013

new sports cars that will be released in 2013!!!

http://www.automobilemag.com/features/news/1209_new_cars_2013/viewall.html

My source of information for the Netflix Success!
http://money.cnn.com/2009/01/27/news/newsmakers/hastings_netflix.fortune/