Saturday, 5 January 2013

Global Economy

Global economy has seen different ups and downs. The major economies are really going through hard times but the most surprising is the relative unexpected survival and growth of lesser economies. Barclay's economist, Nigel Chalk says the Brics nations - Brasil, Russia, India, China and South Africa will witness 'relatively weak' economy while growth is expected in Indonesia, Malaysia, Thailand and the Philippines.

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