![](\"http:\/\/3.bp.blogspot.com\/-61MKXfVpwXA\/T-d0DthqWbI\/AAAAAAAABCM\/eE6vwxPgfi8\/s1600\/18-06-2012-02-06-00-903mdf88868.jpg\")
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Can someone explain please ?<\/span><\/p>\n Euro-zone<\/u><\/b><\/span>\u00a0Crisis<\/b><\/u><\/p>\n India pledges $ 10 Bn Dollar appreciation<\/u><\/b><\/p>\n US national Debt (Ranked no 1 in absolute terms) is over $ 15 Tn, ie $ 15,810,178,118,108 and counting …. China’s debt 5% of GDP Copyright for cartoon \u00a9 2009 Creators Syndicate<\/span><\/p>\n Yet dollar is appreciating against rupee and yuan. And what does US do with its dollars ie\u00a0borrowed\u00a0dollars? Fight wars all over the globe, Provide social security and health cover to its citizens and provide heavy subsidies to its farmers to beat down the price of agricultural products from the third world.<\/p>\n<\/div>\n Oxfam activists wear masks representing G20 leaders (L-R) South African President Jacob Zuma, French President Francois Hollande, Indian Prime Minister Manmohan Singh, and U.S. President Barack Obama sitting at a dinner table along a shore in Los Cabos June 17, 2012.\u00a0 Image by:\u00a0ANDRES STAPFF \/ REUTERS Can someone explain please ? Euro-zone\u00a0Crisis India … Continue reading “Global Economic Scene”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_editorskit_title_hidden":false,"_editorskit_reading_time":0,"_editorskit_is_block_options_detached":false,"_editorskit_block_options_position":"{}","footnotes":""},"categories":[67],"tags":[],"class_list":["post-97","post","type-post","status-publish","format-standard","hentry","category-misc"],"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/posts\/97","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/comments?post=97"}],"version-history":[{"count":3,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/posts\/97\/revisions"}],"predecessor-version":[{"id":1247,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/posts\/97\/revisions\/1247"}],"wp:attachment":[{"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/media?parent=97"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/categories?post=97"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/sibha.in\/RR\/wp-json\/wp\/v2\/tags?post=97"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\nOxfam activists wear masks representing G20 leaders (L-R) South African President Jacob Zuma, French President Francois Hollande, Indian Prime Minister Manmohan Singh, and U.S. President Barack Obama sitting at a dinner table along a shore in Los Cabos June 17, 2012.\u00a0<\/span>
\nImage by:<\/b>\u00a0ANDRES STAPFF \/ REUTERS<\/span><\/p>\n
\nChina pledges \u00a0$ 43 Bn
\nUS pledges \u00a0 \u00a0$ 0<\/p>\n<\/a><\/div>\n
\nIt is 103 % of GDP. \u00a0refer to http:\/\/www.usdebtclock.org\/<\/p>\n
\nIndia’s \u00a0debt 22% of GDP
\ndata from \u00a0<\/span>wikipedia<\/a>\u00a0<\/span>
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\nWhy is India and China competing to provide subsidies to America and Europe ?<\/span><\/p>\n<\/a>A man working in a cotton factory in Mumbai, India. US subsidies of $24bn to its cotton farmers have driven down world prices and damaged livelihoods of developing world cotton producers. Photograph: Danish Siddiqui\/Reuters<\/span><\/p>\n
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