OPTIMISM FOR INCREASED EFFICIENCY AND ECONOMIC GROWTH REMAINS, INSPITE OF INCREASING GLOBAL CONCERN ABOUT THE ECONOMIC AND FINANCIAL DEVELOPEMENTS WITH THE PROJECTED DOWNTRENDS FOR THE YEAR 2013.

OPTIMISM FOR INCREASED EFFICIENCY AND ECONOMIC GROWTH REMAINS, INSPITE OF INCREASING GLOBAL CONCERN ABOUT THE ECONOMIC AND FINANCIAL DEVELOPEMENTS WITH THE PROJECTED DOWNTRENDS FOR THE YEAR 2013.

      Inspite of increasing global concern about the economic and financial developements for the year 2013 in regard to some of the attributes of financial and economic downtrends that entailed decreased efficiency, decreased economic production, recession, financial collapse and markets failure, particularly of the major chain Stores with globalized branches, specially those in Europe, the USA  and some Asian countries that may result in scarcity of a series of many items that ranges from the basic essential commodities in fast food, canned food, canned soft drinks to heavy industrial and software tecnology items in some of the major developed and industrial countries, Germany remains optimistic about its current efficiency and economic growth that has been estimated to remain between zero point four perent (0.4%) to zero point five percent (0.5%) for the year 2013, inspite of increased unemployment rated at seven point five percent (7.4%) which some people believed may have been, due to the reduction of employees numbers at major companies in Germany and the Winter Season unemployment problems that have increased the number of the unemployed to over three million people for the first two months of the year 2013.

                                             Written by Professor Godfrey Ohia.