India Economy: More News..Sigh

Tuesday, March 31, 2009

Global Crisis battering Economies

The World Bank said its latest projections show the global economy shrinking by 1.7 per cent in 2009. "This would be the first decline in world output since World War II," the bank said.
World Bank: Slower Growth in India
As the global economy deteriorates sharply, the World Bank has projected a slower 4 per cent growth for India in 2009

India and China Bond Markets:  almost 10 to1 size difference.
India Bond Market size  :  USD 450 billion
China Bond Market size:  USD 2.18 trillion


Wall Street- Washington Nexus:
USA: Rising Unemployment
Pakistan PM Gilani:  from Spoof and Parody
"We want to be everybody's friend and we want to be India's friend and with friends like us why does India need enemies"

Cramer calls a bottom (again) --what a clown...this is CNBC
- January 10, 2008 - Financials have hit rock bottom.
- August 12, 2008 - The bear market is dead.
- October 15, 2008 - This is the beginning of the end of the crisis.

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