Wednesday, October 08, 2008

Global Economy and the 123 Agreement is signed

Wall street, Dow Jones, Bail out, Economy crisis.. are the words which are repeatedly written in all news papers front page and heard from all news channels. Where is the world economy going???? Banks are getting bank corrupted. (Yena koduma sir ithu.. ) The bank which never shown a loss in a single quarter in their history is closed now. The world’s capital of capital's Financial street is slumping in the economy crisis. All most all stock markets from western countries, European, Middle East to Asian markets are always shown in red. The Japan stock exchange has gone into the lowest in the history of 20 years.

In front of all these the 123 agreement has been signed by the US president and it will lead these two countries to generate the energy without affecting the environment. Will India take advantage of this and boom our country economy or few politicians swiz bank account?????? We have to wait and see…

There was an impressive speech made by the US president..