risk of overcapacity and risk of default will bear watching in 2010
Default risk will continue to bear watching in some sectors, particularly low value-added sectors (textiles, shoes, toys) and sectors grappling with overcapacity (automotives, construction, steel), with the government working to move the economy up market. And with the stimulus program spurring investment, the risk of overcapac
Risks are being cited that would lead to the lowest full year growth rate for the economy in two decades.
Russia and Brazil, the two commodity exporters, are no different in their woes. Russia is the world's second largest oil producer, and recently suffered from declining oil exports and capital flight. With the threat of the euro contagion continuing to spread, Russia could see a slowdown in i
Risks are being cited that would lead to the lowest full year growth rate for the economy in two decades.
Russia and Brazil, the two commodity exporters, are no different in their woes. Russia is the world's second largest oil producer, and recently suffered from declining oil exports and capital flight. With the threat of the euro contagion continuing to spread, Russia could see a slowdown in i
3. Agriculture
Finland's climate and soils make growing crops a particular challenge. The country lies between 60° and 70° north latitude - as far north as Alaska - and has severe winters and relatively short growing seasons that are sometimes interrupted by frosts. However, because the Gulf Stream and the North Atlantic Drift Current moderate the climate, Finland contains half of the world's