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Tag Archives: economy
Shipping from Asia to Europe hits bottom
From telegraph.co.uk, a chilling story on 14 Jan 2009 about shipping rates hitting zero as the global recession bites in. Freight rates for containers shipped from Asia to Europe have fallen to zero for the first time since records began, … Continue reading
Asia not immuned to US slowdown
This is an excerpt from a report by the BBC on its website last Friday (8 Feb 2008): Wider problems Meanwhile, China, India and other East and South East Asian economies have experienced break-neck growth over the past few years … Continue reading