MANAMA: There is a clear and present danger of the world economy coming to a near standstill this year, warns the United Nations... The major uncertainty for this year now emanates from the US economy.
The pessimistic scenario triggered by a much deeper crisis in the US housing and mortgage markets and a hard landing of the dollar would project an outright recession in the US and a deceleration of world economic growth to 1.6 per cent this year, says the report
Full report: http://www.gulf-daily-news.com/Story.asp?Article=205151&Sn=BUSI&IssueID=30295
Goliath and Giants
-
1888 portrayal of David and Goliath (Public domain via Wikipedia) COGwriter
The Bible teaches: 4 And a champion went out from the camp of the
Philistines...
8 hours ago
No comments:
Post a Comment