Monday, August 20, 2012

HIGHER EXPECTATION BASED ON THE RESULT OF THE SIXTY EIGHT FINANCE AND ECONOMY SCIENTISTS ANNUAL SUMMIT ENDED IN DISAPPOINTMENT.

HIGHER EXPECTATION BASED ON THE RESULT OF THE SIXTY EIGHT FINANCE AND ECONOMY SCIENTISTS ANNUAL SUMMIT ENDED IN DISAPPOINTMENT.

        Higher expectation based on the result of the sixty eight (68th) annual Summit of finance experts and economy scientists held in Dresden Germany has ended in disappointment of the various groups that entailed the Investors, businessmen and the governments that had expected much in regard to the immediate, or long term solution to the Euro-crisis, the current World recession, declining industrial expansion, or growth and higher unemployment rate in the highly industrialized nations of the developed countries, despite thorough discussion of the current major finance and economic issues with the successful completion of the sixty eight annual Summit of the finance and economy scientists. Some of the major issues discussed during the Summit included higher fuel prices and declining value of the Euro attributed to fuel scarcity, due to the current European Union governments policy of sanction against the oil producing countries in the Arab World and the Persian Gulf, the European Union Finance Rescue Package policy for the member countries that have been hit hard by the European Union tougher Austerity measures required for the European Union integration with a unified and upgraded finance and economic strength of the Euro-zone countries.

                                                 Written by Professor Godfrey Ohia.

No comments:

Post a Comment