The economy of any country depends on several factors, and one of them is “trade”. The trading business has a tremendous global impact, and that is why the international community gives it so much of importance. As a matter of fact, trade has been seen to effect the political and social scenario of a particular [...]

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If you notice, education in any stream follows a certain pattern. A person wishing to become a doctor has to attend regular classes at a medical college, pass state licensure exams, and finally get a license approved for practice. So also with a person wishing to become a lawyer, a businessman, and so on. Now, [...]

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Right now, the conventional wisdom seems to be that the United States is looking at a “U-shaped” recession and recovery. Output declined gently in the third quarter, is dropping sharply now and will continue dropping sharply in the first and possibly the second quarter of the New Year, finally bottoming out and beginning a slow [...]

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Let us analyze the volatility being faced in the Wall Street. Events moved at a quick pace with Lehman Brothers applying for bankruptcy, The Merrill Lynch sold to Bank of America, and the American International Group bailed out by the Feds. The Stock Market seemed deeply affected with the stocks crashing and the stock markets [...]

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The U.S. economy shrank 0.5% in the third quarter, marking the slowing pace since 2001 and continuing a still deepening recession that has wrung the markets since last year.
Dana Saporta, an economist at Dresdner Kleinwort in New York, told Bloomberg projects a 5.4% overall contraction in the fourth quarter.
“Some of the factors that [...]

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