It is seeing quite ominous that Asian economic growth going downwards and showing the signs of economic depression just due to high oil and gasoline prices as oil reached at $143 per barrel. The Chinese manufactures estimated that inflationary cycle could go prolong for a period of four years and so and it might white-wash Read more
TOKOYO- According to Japanese Govt. officials, there was a rise of 1.5 percent in core inflation in Japan. High food and gasoline prices were the basic cause behind rise core consumer price index. After a reinstatement of a gas tax by the government, the fuel price in the country began to jump. In May, overall Read more
Declining-economy One of the realistic aspects of the modern day economy is the mounting inflationary rate and economic recession which is leading the world into depression as millions of people in the World are severely protesting against the regime of the United States why the prices of oil and gasoline are increasing and causing an Read more
As oil reached at $139.54 per barrel two weeks before has impacted greatly on the U.S economic structure. Today, million of the United States civilians are deadly worried while seeing at the hovering oil and gasoline prices rates. The economic is going on under the recessionary and inflationary cycle which is being carried on since Read more
The analysts gave the prediction that oil prices might cruise of about $200 per barrel within next 18 months. This led towards a major worry to the people of the U.S. As the oil prices reached at $139.54 during the last two weeks in the United States, the agitation and angriness of the people could Read more
High oil and gasoline prices disturbed the economic system of the world as the prices of oil are increased by $138.54 on last weekend. Millions of people are suffering from alarming impacts of inflation now a days all around the world which led them into absolute depression. Meanwhile, the president of the United States said Read more
Economists confirmed that there are several factors of high oil prices all around the world. In this regard they are of the view that one of the major factors of high oil prices is inflation all around the global markets. The economists have argued that inflation is the result of over all slumps in the Read more