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European crisis hits many US states hard
Europe drags the United States of America to the bottom, languishing from the global financial crisis. Tourism, trade and the raw materials industry, which previously supported the economy, are no longer in demand. Close economic relations between the US and the EU have brought the European crisis to the United States.
Mark Vitner, a senior economist at Wells Fargo, conducted a research, which showed...
China, Chile to boost trade by 2015: Chinese premier
Chilean President Sebastian Pinera (L) and Chinese Premier Wen Jiabao shake hands in Santiago on June 26, 2012.
Chinese Premier Wen Jiabao has announced that China and Chile plan to increase their bilateral trade to 60 billion US dollars by 2015 in order to strengthen their economic relations.
He made the comments at a joint press conference with Chilean President Sebastian Pinera in Santiago on Tuesday,...