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Friday, July 04, 2008

Recession

Signs of a recession are growing louder

A growing number of economists say the nation is already in recession and The Federal Reserve is acting as if a recession is imminent. David R. Francis of The Christian Science Monitor examines this important topic in greater detail. (link to www.csmonitor.com)

Greece

Is Latin America beginning an arms race?

Some observers view the increased defense spending by Venezuela, Brazil, and Ecuador, coupled with significant arms purchases by Chile and Colombia, as the start of an arms race in South America. Andrew Downie of The Christian Science Monitor takes a closer look at this issue. (link to www.csmonitor.com)



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