Geithner says US can 'no longer drive global growth'
US Treasury Secretary Timothy Geithner has told the BBC that the world "cannot depend as much on the US as it did in the past".
He said that other major economies would have to grow more for the global economy to prosper.
Many European governments have implemented severe austerity measures in recent weeks in order to cut debt levels.
Link:
http://news.bbc.co.uk/2/hi/business/10406463.stm
No comments:
Post a Comment