World's Financial crisis spreading to productive sectors ?
Today World's Financial crisis has posed a severe threat to the Productive sectors.
The recession that lies by the West on Wednesday made a fresh wave of job in Italy and Spain and collapsed oil below 45 dollars in this market, while in the Eurozone was expected on Thursday cut rates by the European Central Bank.
Despite a new day filled with news that presage a recession increasingly difficult to tackle, the bags hold the rate on Wednesday, with modest increases widespread in Europe and the United States.
The economic crisis led to a further drop in crude prices in London, who half-time were placed below 45 dollars a barrel for the first time since February 2005, before rising fears of a contraction in demand.
The 15 euro zone countries and Britain waited two decisions on Thursday from the European Central Bank and the Bank of England, which could cut its interest rates, giving oxygen to national economies.
Also on Thursday, the French president, Nicolas Sarkozy, are behind a package of 20.000 billion euros (25.000 billion dollars) considered vital for the automotive industry, consumption and housing.
Uruguay on Wednesday announced measures to "soften" the impact of the crisis, with investment incentives and support to the productive and export sectors, although he ruled out a recession for 2009, projecting a GDP growth of 3%, against 10.5 % In 2008.
The recession that lies by the West on Wednesday made a fresh wave of job in Italy and Spain and collapsed oil below 45 dollars in this market, while in the Eurozone was expected on Thursday cut rates by the European Central Bank.
Despite a new day filled with news that presage a recession increasingly difficult to tackle, the bags hold the rate on Wednesday, with modest increases widespread in Europe and the United States.
The economic crisis led to a further drop in crude prices in London, who half-time were placed below 45 dollars a barrel for the first time since February 2005, before rising fears of a contraction in demand.
The 15 euro zone countries and Britain waited two decisions on Thursday from the European Central Bank and the Bank of England, which could cut its interest rates, giving oxygen to national economies.
Also on Thursday, the French president, Nicolas Sarkozy, are behind a package of 20.000 billion euros (25.000 billion dollars) considered vital for the automotive industry, consumption and housing.
Uruguay on Wednesday announced measures to "soften" the impact of the crisis, with investment incentives and support to the productive and export sectors, although he ruled out a recession for 2009, projecting a GDP growth of 3%, against 10.5 % In 2008.
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