economic recession with a surge in currency exchange rates or import and sell overseas brands, companies that operate internationally renowned chains are facing a crisis. As the exchange rate rose 40% or more, the royalties to the main office also rose more than 40%.
As a temporary measure for companies to withhold payment, and arrange plan and prolonged decline in the won, but it is concerned t
Nowadays, most people say world economy is recovering.
However, there are some doubts that whether the world economy
could fall into a double-dip recession or recovery.
1. What is?
‘Double-dip Recession’
A double-dip recession means that when the economy emerges from the recession with a short period of growth but quickly falls back into recession. It is called ‘W-shaped rece
agriculture, hotel, real estate, paper industry, power plant, public enterprise, resorts, golf fields, real estate managing and apartment lease, and placed in 60th and 64th among ‘500 International Chinese Corporations’ respectively. However, as Southeast Asian economy was hit by the economic crisis of 1997, most of the Chinese companies also got into deep recession.
3. Thailand
Luiz Inácio Lula da Silva born 27 October 1945, known popularly as Lula, served as the 35th President of Brazil from 2003 to 2011.
A founding member of the Workers' Party (PT – Partido dos Trabalhadores), he ran for President three times unsuccessfully, first in the 1989 election. Lula achieved victory in the 2002 election, and was inaugurated as President on 1 January 2003. In the
recession started before the current economic panic (Sununu, 2008, ¶2). That means their economic crisis is not because of the economy, it is because people don’t want their products anymore.
Eventually, the good companies and bad companies are recognized by their own abilities and qualities, and the American auto companies should not request any advantage from the government with the reason