In India’s economic growth accelerated for the first time in the past six quarters and clocked a rate of 6.1% for the first three months; the gross domestic product (GDP) suggest that the worst is over for Asia’s third largest economy beating all pessimistic estimates.
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Shares declined on Wall Street and prices of copper and crude oil fell after China’s benchmark Shanghai Composite Index slumped 6.7%, stoking concern the Asian economy won’t be strong enough to help underpin a global recovery.
The Dow Jones Industrial Average fell 0.5% to 9496.28 and the Standard & Poor’s 500 declined 0.8% to 1020.62. The Nasdaq Composite fell 1% to 2009.06.
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And in Japan, a new government is in place. Its main tasks and challenges;
1.Get the Budget Under Control
2.Find a New Way to Grow the Economy
3.Wrest Power From the Bureaucracy — Gently
4.Buddy Up with the Rest of Asia (ASEAN, China and Korea)
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Indeed, it seems the recession is almost behind everyone's back.
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Shares declined on Wall Street and prices of copper and crude oil fell after China’s benchmark Shanghai Composite Index slumped 6.7%, stoking concern the Asian economy won’t be strong enough to help underpin a global recovery.
The Dow Jones Industrial Average fell 0.5% to 9496.28 and the Standard & Poor’s 500 declined 0.8% to 1020.62. The Nasdaq Composite fell 1% to 2009.06.
=====
And in Japan, a new government is in place. Its main tasks and challenges;
1.Get the Budget Under Control
2.Find a New Way to Grow the Economy
3.Wrest Power From the Bureaucracy — Gently
4.Buddy Up with the Rest of Asia (ASEAN, China and Korea)
=====
Indeed, it seems the recession is almost behind everyone's back.