Friday, February 2, 2007

2006 saw sustained, robust demand for petro...

2006 is coming to an end, ushering in the New Year. The New Year begins with the assurance and satisfaction of following an economically solid 2006. The global GDP growth rate in 2006 has increased from the growth seen in 2005, notching a level just below 4%, at 3.9% However, 2007 seems to begin with a slowing down of the economy. The current forecast by the World Bank is that global GDP growth will slow down to 3.2% in 2007, on the back of higher oil prices that seem to be the major deterrent to global growth.

Click below link for more details
http://www.plastemart.com/upload/Newsletter/newyear.asp

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