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Improvement Project of Science Construction CS

Abstract Science Construction’s business is in planning, developing and building road projects. The major of its clients are municipalities, city governments, and other public sector entities. While the bankruptcy rates for these clients is very low, when economic downturns happen, their ability to pay in a timely fashion also suffers. This leads to businesses such as Science Construction needing to take on additional debt and to find creative methods in order to stay afloat during times of recession. Methods such as selling accounts receivables at discounted rates and taking larger lines of credit through banks and other lending institutions are some of the ways organizations can remain viable when their cash inflows have turned into a trickle. Science Construction is asking the Turkish Courts to postpone their bankruptcy proceedings for a year while they attempt to restructure. Through this, suggestions such as forcing shareholders to pay their debt to the organization, gaining credi...
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The World Economy

Yesterday the oil price in the New York crude market touched all time high i.e $120 per barrel ! Though it came down by few cents within hours , but it is alarming. Following the cue the London crude price also spiraled high. Obviously the high crude price is going make you and me pay through our nose even for buying essentials. They blame OPEC, being inflexible to increase the production, the Nigerian crisis, the Iranian imbroglio and the devastated Iraq. Besides , there is no dearth of speculators to fish in troubled water, who are speculating on oil and making a hay day for themselves.

These all are things to be contemplated and discussed by the national leaders and economic thinkers, but how about the common men? Who will be their messiah to save them? Is there any answer?

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