Global Shares Higher Amid Successful Debt Sales in Europe

Most stock markets in the world closed higher Wednesday after U.S president vowed to shore up its economy’s growth. It seemed that investors regained confidence in the world’s No.1 economy.


The eurozone’s bailout fund and successful debt sales by Spain boosted the region’s indexes higher. Germany\’s DAX edged up 1 percent to 7,134.69 and Britain\’s FTSE 100 advanced 0.9 percent to 5,967.25. In France’s markets, CAC-40 finished at 4,057.48, up 0.9%.


Spain auctioned euro 2.2 billion in short-term debt at much lower interest rates. According to many analysts, if Spain gets into financial troubles, it can make or break the 17-country eurozone.


Besides, financial markets became calmer when the currency union’s bailout fund succeeded in selling €5 billion in five-year bonds to fund its first contribution to the €67.5 billion rescue loan for Ireland.


In the Asian markets, Hong Kong\’s Hang Seng advanced 0.2 percent to 23,842.24. China\’s Shanghai Composite index jumped 1.2 percent to 2,708.81. Kospi index in South Korea added 1.1 percent to 2,110.46. In 2010, this fourth-largest economy in Asia expanded at fastest pace in eight years. 6.1 percent increase in GDP marked the best performance since 2002.


While indexes in Singapore, Taiwan and Indonesia rose, the Nikkei 225 stock average in Japan finished down 0.6 percent at 10,401.90. Indexes in the Philippines and New Zealand also posted losses.


The markets welcomed a slew of U.S. corporate earnings reports. Investors are expecting Fed meeting with its first interest rate decision of the year.


On Tuesday, benchmark crude for March delivery increased 50 cents to $ 86.69 a barrel in electronic trading on the New York Mercantile Exchange. In currencies, the euro increased to $ 1.3711.


Oil prices consolidated a loss of over 4 percent in less than a week, hovering near $ 87 a barrel. The decline in oil prices were driven by mixed economic news and possible increase in production by OPEC.


Economics is the study of our lives,our jobs, our homes, our families and the little decisions we face every day. Thus, I am keen on reading and studying economic issues.

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Personal Injury Lawyer May Offer Initial, Free Consultation

An accident, or personal injury lawyer, is a specialized practitioner in the area of tort law. This field of civil law specifies that when a person is injured or harmed through the wrongdoing or negligence of another person, then they are eligible to be compensated for their injury. The compensation can include an element for the injury itself, and elements for any costs incurred, such as medical bills and money lost due to time off work. Accident attorneys would normally recommend that the victim of any accident should contact them as soon as possible after the accident, after of course obtaining any medical treatment which may be necessary.

Tort law allows compensation to be paid to the victim of an accident which is the fault of another person, whether that is due to wrongdoing or carelessness. Note that in some cases the wrongdoing may be a breach of criminal law as well (for example driving under the influence of alcohol). In this case the police and criminal courts may also be involved, but that does not reduce the victim’s right to pursue compensation in civil court.

The compensation which may be awarded for an injury can vary from country to country, or from state to state within a country. However, in general though may be an amount awarded for the injury itself, and additional elements for any financial loss suffered due to the injury. Financial loss could include costs such as medical expenses, and loss of wages due to being unable to work. Both previous and future financial losses would be considered.

Accident attorneys would normally recommend that the victim of an accident should contact their lawyer as soon as practically possible after the accident. They should of course obtain any necessary medical treatment first.

Other useful advice from accident attorneys includes collecting as much evidence as possible. It can be a good idea to take some photos of the scene of the accident, and to take details, such as the names and addresses of any witnesses.

Also keep a log of everything that has happened since the accident, such as the dates of medical appointments and any time taken off work due to the injury. Keep receipts and details of any costs incurred, such as medical bills, rental cars etc.

Personal injury lawyers would normally advise their clients not to make any statements, or admissions, to the other parties involved or to their insurance company or lawyers, without first discussing it with their own attorney.

Many personal injury lawyers work on a contingency, or no win no fee basis. Quite a few will offer an initial consultation free of charge. This will assess the accident victims case, and will give the attorney a chance to explain his fees. In some countries the lawyer operating on contingency will take a percentage cut from any damages which are awarded. This may often be between 30 and 40% of the total award. In other countries the lawyers fees may be awarded against the defendant in the case, in which case the claimant will get to keep 100% of the damages awarded.

Our broker team specializes in personal injury lawyer in Calgary and disability lawyer in BC. If you a claim that is denied call our personal injury lawyer Hamilton to help you get the help you deserve.

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