sawali
4 Answers
digger
Yes, that is essentially why Canada is fairing much better than most other nations these days. That and a tightly controlled banking system.
| 12 years ago. Rating: 4 | |
As for why Canadian refined gas sold domestically is sold at higher prices than in the U.S., that is due to the fact that federal and provincial taxes imposed on gasoline (that's petrol to you Brits;-) ) are significantly higher than what's charged by American fed and state rates. Same goes for alcohol. Beer,wine and spirits are pricier here than in the U.S. (Why do you think I visit you folks so often? OK, I'm partial to America but I digress)
I suppose that taxing "vices" is one of the many ways that Canada finances our "Obamacare" up here. I wouldn't want it any other way. And I'm fiscally conservative ! Go figure.
ROMOS
Article from Property Bond, Brazil
A recession in the US will not have much of an impact on Brazil's natural resources sector, it has been suggested.
In an article on the Forbes website, Curtis Hesler of Professional Timing Service claimed that demand from Brazil - and fellow BRIC countries India, China and Russia - will continue to stimulate demand for raw materials around the world over the next few decades.
"Demand for oil will continue to climb in the economies of China, India, Brazil, Russia, the Middle East and the rest of Asia," the expert remarked.
He added that these nations "will continue to drive demand higher globally for all raw materials for the foreseeable future".
Mr Hesler's comments came as South American bank leaders met in Chile to discuss the financial crisis.
In a joint statement, the finance bosses - including Henrique Meirelles, president of the Central Bank of Brazil - claimed the continent is in a strong position to stand up to the financial crisis, due to "solid economic fundaments".
| 12 years ago. Rating: 3 | |
After all, it is a "global economy".
Colleen
Not if the failing countries can not afford their product/s. They will sink like the rest with no revenue or not enough to take care of their own.
| 12 years ago. Rating: 3 | |
lambshank
Australia appears to have fared reasonably well, the man in the street not so well with the carbon tax,and wages not rising enough to cover the cost of inflation but a mining boom has boosted the economy, a country rich in natural resources, coal,ore,gold,diamonds,uranium,natural gas to name a few, China has a huge appetite for these resources
| 12 years ago. Rating: 2 | |
