By Padmini Arhant
The World Economic Forum on January 27 – 31, 2010, at Davos, Switzerland contemplated the global economic crises.
Speakers from the large consortium expressed their thoughts and hope or the lack thereof about the global economic prospects at the annual meeting.
Summarizing the summit issues:
The general focus has been:
The economic recession.
The financial crisis and the need for financial reform.
U.S economy, the dollar, the deficits and the gridlock in Washington due to Special Interests’ control of Congress.
Skepticism on the EURO currency strength and concerns regarding European market from the economic struggles in Greece, Spain, Iceland, Ireland, Portugal, Latvia to name a few.
Further exacerbated by the majority euro members surpassing the 3percent budget deficit cap, a criteria for the euro currency usage.
View remaining article @ http://www.padminiarhant.com
Thank you.
Padmini Arhant
No comments:
Post a Comment