economic's tag archives

America continues to borrow from China to finance its heavy spending

Posted under Business on Friday, 26 December 2008 by
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 main cause of this dilemma is however not the fact that...
America continues to borrow from China to finance its heavy spending

Economic downturn taking its toll on Tajikistan

Posted under Political News on Thursday, 25 December 2008 by
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 to make ends meet. The locals of Tajikistan have many...
Economic downturn taking its toll on Tajikistan