Monday, October 13, 2008

World Happenings: As I know it

UAE's stock markets crashed, banks empty of money. US banks empty of money, financial institutions in trouble. Trade: less buyers, less exports. Power seems shifting from West to East (I like Gohar's comment: Atlantic is losing it's charm). China: stopped it's exports. MEA (Mis. East Asia) is out of food. My country Pakistan: unknown, but in trouble, since musharraf just imported more and more, but did not "produce" much.

It is not really good, whatever is happening.

Just had a chat with my cousin who is in international tradings and shipping, and it was interesting to realize that shipping and trade is a hell lot exciting, you get to know the attitude of countries in detail...

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