ShareThe U.S. economy witnessed in the months of April its trade deficit widen due to fall in exports and also imports fell to a certain degree. The gap is now 0.6% to 40.3 million dollars. This is the highest since December 2008 and is a matter of concern for the policy makers.
But the good news [...]
ShareThe recent Greece Economic crisis and the European meltdown has suddenly made the ministers of Ireland happy. It has welcomed the fall of the European economy with open hands sectretly. The lingering Irish economy will benefit from this fall by an increase in exports along with trade in general and additional revenue through tourism. The [...]
ShareThe U.S. stocks fell to the lowest in 3 months with the uneasiness going on in Europe over their scheduled resurrection of the European economy. Many analysts debates that the U.S. economy is not strong enough right now to avoid another fall is another reason that the U.S. stocks are on a downward spiral.
Many prominent [...]
ShareThe Chinese stocks fell to their lowest yesterday, dragging the country’s Benchmark index to the lowest level in more than a year. This recent fall is mainly because of the U.S. economy’s sluggish growth and the European Debt crisis along with the added pressure of Chinese tightening of its business policies.
Many of the nation’s largest [...]
ShareThe global economy is a great web of inter connected climbers trying to climb a mountain. If one falls, the others feel the pull and some weaker ones let go and fall to economic crisis themselves. A major financial crisis in one country will be no easily contained and will have its effect on foreign [...]
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Author and journalist Thomas Friedman comments on the enormous depth of the financial crisis.
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Complete video at: http://fora.tv/2009/03/05/T…
Author and journalist Thomas Friedman comments on the enormous depth of the financial crisis. “You put that much leverage, on that much globalizat…
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Recess School’s Out part 1/8
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