Archive for: economic

America continues to borrow from China to finance its heavy spending

America continues to borrow from China to finance its heavy spending

America is a heavy spender. At the moment however it does not possess the resources that are required to feed its frenzy. This is why it is increasingly being seen borrowing from countries like China in order to finance their spending. The...

December 26, 2008 8:38 am / no comments

 

Economic downturn taking its toll on Tajikistan

The news has been full of reports on how the economic super powers are suffering under the current economic recession. The impact of the recession has however widespread implications as even the poverty stricken people of Tajikistan struggle...

December 25, 2008 2:49 pm / no comments

 
 

 
 

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