Emas 24K – Independent Gold™

World Bank chief warns about economic crisis

Posted on: May 26, 2009


World Bank President Robert Zoellick, warned that the global economic crisis could lead to dangerous social upheaval if certain steps are not taken.

MADRID (AFP) – – The global economic crisis could lead to dangerous social upheaval if certain steps are not taken, World Bank chief Robert Zoellick warned in an interview Sunday.

“If we do no take measures, there is a risk of a serious human and social crisis with very serious political implications. The stimulus measures could be the decisive factors,” Zoellick told the Spanish daily El Pais.

“What began with a big financial crisis and has become a profound economic crisis is drifting today towards a crisis of unemployment.”

Zoellick suggested creating the infrastructure to get people back to work was a good way to combine short-term unemployment challenges with a longer-term strategy to beat the recession.

“In my opinion, in this context, nobody really knows what is going to happen and the best one can do is be ready for any eventuality.”

Zoellick gave a geographical run-down that showed how different regions have been affected by the crisis.

“Latin America has remained reasonably stable, even if Mexico and Central America are under pressure because they rely a lot on the North American market.

“Eastern Europe is in a tricky situation, particularly the Baltic countries like Romania,” said Zoellick.

The American World Bank chief warned that protectionism and private debt in the developing world were further dangers that could exacerbate the current economic crisis.

“There is also what I call the ‘X-factor’, that one can not foresee, such as the (swine) flu,” he said.

The economic recovery “will be weak for a prolonged period” and “unemployment will continue to rise,” he warned, stressing that while another Great Depression was not likely, it was at least a possibility.

7 Responses to "World Bank chief warns about economic crisis"

betul bro..memang eknomi dunia dah tak macam dulu..cuma digembar-gemburkan lebih nasi dari kuah..eknomi dunia dah nak kiok..teruskan blogging..

Wahhh lauu weii, bagus-bagus… kalau ko dah tau, aku rasa rugi lakk tak beli banyak-banyak emas last 2 week. ampehhh~ Sendiri analisis, sendiri lakk yang tak beli banyak. hehehehe

nasib baik..aku dah beli..banyak dah..heheh

tunggu turun sikit lagi..nak beli lagi..ni tambah stok..

wahh..wahh….mahsyukkk tue, bilaa laa aku leh mahsyuk cam ko niee..hehehe😀

ala bro..benda naik akan turun bro..sabaq2 swissgold..aku tau nafsu ko ni tgh tinggi nih..hehe..omar kulim dah kayo dah ni..hehe..

Nafsu serakah aku belum terhenti selagi harga tak cecah USD1100….hahahahaha

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Retail Gold Price (October 2011)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM200.00/gm
916 Gold    :      RM189.00/gm

835 Gold    :      RM1792.00/gm
750 Gold    :      RM155.00/gm
375 Gold    :      RM 84.00/gm


updated on 21 Oct 2011.

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Maybank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
122.87
117.77

Kijang Emas 2009


Kijang
            Emas

FRIDAY 13 Nov 2009
Size Sell  Buy
1 oz (31.1gm) 3,884 3,653
1/2 oz (15.5gm) 1,979 1,827
1/4 oz (7.77gm) 1,008 913
 

Public Bank Gold Saving 2009

DATE
SELL (RM/g)
BUY (RM/g)
13-Nov-2009
123.37
118.57

Kelantan Gold Dinar 2009

DATE
SELL (1dinar)
BUY (1dinar)
13-Nov-2009
521.00
465.00

Public Gold 2009

 Size PG Sell PG Buy
20gm RM 2,703 RM 2,541
50gm RM 6,726 RM 6,356
100gm RM 13,389 RM 12,720

Retail Gold Price (Nov 2009)

Federation of Goldsmiths Jewellers Association of Malaysia (FGJAM)

999 Gold    :      RM142.00/gm
916 Gold    :      RM134.00/gm

835 Gold    :      RM122.00/gm
750 Gold    :      RM110.00/gm
375 Gold    :      RM 59.00/gm


updated on 05 Nov 2009.

Retail Gold Price (Sept-Oct 09)

999 Gold    :      RM135.00/gm
916 Gold    :      RM127.00/gm

835 Gold    :      RM117.00/gm
750 Gold    :      RM105.00/gm
375 Gold    :      RM 57.00/gm


Retail Gold Price (May-Aug 09

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


Retail Gold Price (April 2009)

999 Gold    :      RM125.00/gm
916 Gold    :      RM117.00/gm

835 Gold    :      RM108.00/gm
750 Gold    :      RM 97.00/gm
375 Gold    :      RM 53.00/gm


Retail Gold Price (March 2009)

999 Gold    :      RM130.00/gm
916 Gold    :      RM122.00/gm

835 Gold    :      RM112.00/gm
750 Gold    :      RM101.00/gm
375 Gold    :      RM 55.00/gm


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