date:Oct 18, 2012
4-05, the US economy was moving ahead strongly, but there was something of a slowdown in the fast-growing economies of eastern Asia and growth remained quite weak on the continent of Europe. Business confidence fell back at the turn of the year in developed economies, despite a relatively stable political climate and strong year of world trade. This was principally a result of hikes in oil prices, which had a real impact upon incomes and consumer confidence.
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