Wednesday, May 27, 2009

Deeper plunge

Mexico’s economy is likely to sink further and faster than had been expected, given the shocking contraction of 8.2% in the first quarter of the year. The shrinkage came prior to the outbreak of the H1NI virus and its consequent damage to the economy. As a result, it is clear that Mexico’s economy will be hit even harder in the subsequent quarters, and this is prompting downward revisions to GDP growth forecasts across the board. I chose this article because, i wanted 2 follow the news on the outbreak of "swine flu". Its sad that this is the result of an unfortunate outbreak, but its understandable. This information is presented fairly . i would use this source again.



http://www.economist.com/agenda/displaystory.cfm?story_id=13725955

1 comment:

  1. Raven, Nice job. More copying than summarizing, but it's interesting that you were able to see the economic result of a health crisis.

    Grade: 10/10

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