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Shweta S's Page
Profile Information
- Title:
- Analyst Developer
- Company:
- Powerweave Inc
- Company Website:
- http://www.powerweave.net
- Media Type:
- eMedia
- Media Realm:
- Consumer Media, Business Media, Niche/Enthusiast
- Home Region:
- Other International
- Past Companies & Brands
- Motorola Inc. Schaumburg
- I'm Looking For:
- Friends, Networking, Business Partners, Jobs, Inspiration
- Personal Interests
- Music, Art, Movies, New Internet Technologies
- Education:
- Post Grad
- Other Web Profile or Personal Web Site
- http://twitter.com/tinks76
- Other Web Profile URL or Personal Web Site
- http://svetas.myplaxo.com/
- Relationship Status:
- It's Complicated
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The U.S. trade gap shrank to $56.5 billion in September as the exchange of goods and services with the rest of the world slowed sharply, offering further evidence of the global economic slump.
The dollar has been strengthening in recent months, which makes foreign-made goods relatively cheaper than those from the U.S. It's probably too early to see much impact from foreign exchange on exports or imports because it usually takes many months for buyers and sellers to adjust.
FEARS of a global economic downturn hampered investors as top US bankers confirmed that the US was indeed in recession.
A significant proportion of business failures are the result of poor cash flow. Already this year we have seen an amazing increase in failures.
"A global recession means less trade" Real Estate hasn't seen a great failure as now, but will slow down in a long run.
Approximate forecast for the economic turmoil is 2 years, but I feel changes will appear soon I believe.
Kevin.