August 29, 2005

AS AMERICA GOES... (via Michael Herdegen):

Global economy to pick up in second half: survey (AFP, 8/23/05)

The slowing global economy is due for a pick-up in the second half of 2005, a quarterly survey released by the International Chamber of Commerce and the German Ifo institute showed. [...]

A rebound was anticipated in North America in particular, with economists revising upwards their opinions concerning the economic situation there at present and for the next six months.

Estimates for growth in Asia remained stable and continued to decline for Europe, though not for the 12-nation eurozone.


Always amusing when folks talk about declining U.S. influence and power, yet even the global economy is completely dependent on us.

Posted by Orrin Judd at August 29, 2005 6:59 AM
Comments

What was that one about a rising tide?

Posted by: erp [TypeKey Profile Page] at August 29, 2005 4:28 PM

erp:

You talking about New Orleans?

Posted by: obc at August 29, 2005 6:53 PM

No. It seems they were spared the worst.

Posted by: erp [TypeKey Profile Page] at August 29, 2005 7:13 PM
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