Sunday, July 13, 2008

India being hit hard.

India is feeling the effects of the trouble with the world economy, as inflation is rising and factory growth slowing. A country that hasn't had any reforms over the past few years might struggle to do so in the near future due to elections.

Thursday, July 10, 2008

G(r)8 Debate

The only country in BRIC, Russia, that's part of the G-8 took part in discussions with the 7 other members recently. A decent supply of food for the world seemed a bigger concern than any woes the economy might be going through. Expanding the G-8 could be in the works. If China is allowed to join then they may be held to higher standards, good for everyone.