Difference between revisions of "Stalemate"
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The fears of a double dip economic recession have come to reality. The US fed and European bank struggle to jump start the collapsing economic activity. Markets fear a default by Spain and Italy in near future, causing worries within the EU. Due to the economic uncertainties of the west and a dwindling consumption in the globe, IMF reduces the projected GDP growth of China and India in 2010.<br> | The fears of a double dip economic recession have come to reality. The US fed and European bank struggle to jump start the collapsing economic activity. Markets fear a default by Spain and Italy in near future, causing worries within the EU. Due to the economic uncertainties of the west and a dwindling consumption in the globe, IMF reduces the projected GDP growth of China and India in 2010.<br> | ||