I think it will be interesting for you to get some information about economic situation in Spain. From The BBC Radio T was informed about some difficulties in economic sector. I'd like to tell you about them.
Now in Spain is Fiesta time, but it's few reasons to celebrate because the economy is growing deficit and joblessness is on the rise. Will Spain be the next battle ground in Europe? It is burning question. The investors worrying about Spain's rising debts and huge jobless queues and about the question if its economy be the next Euro zone candidate for a crisis?
In Spain the selling buildings was the profitable business during more then
30 years. But now there is no demand.
In addition I must mention that small family business also have big troubles.Small business work only for tourists but now there is no people. Now in Spain it is very very difficult to borrow money.And The government don't pay attention to little business.Fir Big business they make some help, but for small business nothing Businessmen don't know how the government can help them.
There are so many unemployment people searching for a job.
I think that it is not easy to sole all problems at once.And Crisis involves new regions and countries.It is very pity.
Sunday, March 28, 2010
Saturday, March 13, 2010
I would like to inform you about the situation in Iraq especially in oil industry, being a fine exampled from the report on BBC radio.
International investors will be watching closely the outcome of parliamentary elections in Iraq later this week.
Iraq's economy is dominated by the oil industry and its massive oil reserves. The country has hugely ambitious plans to expand production, and already oil deals have been agreed with foreign companies. But seven years since the American-led invasion, political uncertainty remains, and suicide bombings in the central city of Baquba show the security situation is still volatile. And 7 millions of $ have been spent on repairing Iraq's infrastructure.
Oil contracts have already been signed with foreign companies, even though Iraqi politicians have failed to agree on a Hydrocarbons Law. But the development of Iraq's dilapidated oil sector has become an election issue. Oil Minister of Bugdad, Dr Hussein Sharistani says existing oil contracts will not be re-visited by a future government.
International investors will be watching closely the outcome of parliamentary elections in Iraq later this week.
Iraq's economy is dominated by the oil industry and its massive oil reserves. The country has hugely ambitious plans to expand production, and already oil deals have been agreed with foreign companies. But seven years since the American-led invasion, political uncertainty remains, and suicide bombings in the central city of Baquba show the security situation is still volatile. And 7 millions of $ have been spent on repairing Iraq's infrastructure.
Oil contracts have already been signed with foreign companies, even though Iraqi politicians have failed to agree on a Hydrocarbons Law. But the development of Iraq's dilapidated oil sector has become an election issue. Oil Minister of Bugdad, Dr Hussein Sharistani says existing oil contracts will not be re-visited by a future government.
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