World Bank worried about rising interest rates could trigger rapid inflation and slow economic recovery, especially in Europe and the United States (U.S.).
“It’s the same as waiting for the bubble burst and then clean it and after it will be a new lesson is not expected,” said World Bank President Robert Zoellick in an article [...]
World Bank Concerned About Increase in Interest Rates
Singapore Claims Economic Crisis Ends
SINGAPORE – Singapore said State recession due to the worst global economic crisis that had clung State Lions began the end.
These data indicated the existence of the Singapore economy to grow throughout the second quarter, within three months to September.
Official data released Thursday showed the local time of the gross domestic product (GDP) to 14.2 [...]
