Pensions problems and the hierarchy of risks

Article Abstract:

The financial risks associated with providing for retirement in the United States are plenty. The Social Security introduced for welfare of people is a mix of three main issues focusing on the aging population of the United States. These three issues are the soundness of the Social Security system, encouraging people to invest for their future, and the central agency/person involved in managing the risk. For this purpose various plans have been introduced such as the 401(k) plans, the defined benefit plans etc. A review of these plans is presented.

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Steel wars and globalization

Article Abstract:

The issue of globalization has become commonplace with every business in order to bring the necessary changes in the operating conditions, to increase competition and to improve production. World Trade Organization's announcement of the U.S. steel tariffs to be illegal, and the consequent downsizing of the steel mills emphasize the relative importance of the compliance to the international trade rules.

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Issues large and small

Article Abstract:

Various issues like budget deficits, unemployment, inflation etc., that the Bush Administration will have to tackle in its second term are discussed. The term of Alan Greenspan, Federal Reserve's chairman, also expires in 2006. Consequently, the appointment of Fed Reserve's Chairman will also be on the agenda.

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