Venezuela’s President Hugo Chavez has advised the Andean Nations to reconsider for the proposed free trade pact with Europe as he considered that it can spoil their economies. Venezuela had already turned down American free trade proposal, labeling it as a plot of America to demolish Venezuelan’[...]
Posts Tagged ‘Europe’
April 6th, 2012 - 5:57 am § in News Of Economy
China’s trade surplus mounts to a record high
China’s trade surplus surged 85.5 percent in June, to a monthly record of $26.91 billion, potentially heightening tensions with the United States and Europe on Yuan’s market value. Exports for June jumped to $103.27 billion, whereas imports were $76.36 billion. For the first six month of[...]
January 29th, 2012 - 1:47 pm § in News Of Economy
Subprime crises can push world market into recession
It’s not only America and Europe, who are battling with the subprime woes, but Asian markets are also affected by it. It’s so obvious that even single news also affects other markets dearly. Subprime dragon has already eaten up many markets and all the major and budding markets felt the [...]