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China Ready to Purchase 200 Boeing Aircrafts

According to a Washington Official super powers USA and China have entered into a pact where the former has signed an export deal with the latter at $45 bn (£28bn). One unique part of this deal includes China’s purchase of a 200 Boeing aircraft. This step comes in the midst of an official state visit [...]

Apr 22 2012 | Posted in business,featured news | Read More »

The overall deficit of the nation to reach nearly 1.6 trillion soon

On Wednesday budget experts revealed that the deficit spending amount of the Government will reach $1.5 trillion in 2011. The reasons for this figure can be attributed to the sluggish recovery of the economy and the laws pertaining to tax cuts in the last month. This report has revealed that Barrack Obama’s move to freeze [...]

Apr 21 2012 | Posted in business,featured news | Read More »
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