Katrina may curb economic growth into 2006

Essay specific features

 

Issue:

Social Issues

 

Written by:

Lawrence W

 

Date added:

June 16, 2011

 

Level:

University

 

Grade:

A

 

No of pages / words:

3 / 807

 

Was viewed:

907 times

 

Rating of current essay:

 
Essay content:

Katrina's damage will be felt across the global economy in ways that will set back growth well into 2006. The article also mentions several countries whose economy was slowed down due to Katrina. In the United States oil prices spiked and is unlikely to return to the levels of 2004. As mentioned in the article, the effects that this hurricane has caused are world wide...
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Germany's and Switzerland's gasoline prices hit a record high. The article also states that surging oil prices have also sparked an economic crisis in Indonesia. According to the article, Chinese economy has also suffered, even though its economy is growing at a rate of 9.5 percent. Thailand's and Hong Kong's economy growth will also encounter problems...
displayed 300 characters

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