Washington, Sept 13 : Developing countries including China and India, are showing signs of economic cooling as the effects of the downturn that started in the United States continue to spread around the globe, says an expert.
"Basically, what you''ve got is the emerging world now slowing at the same time as the developed world. Though the magnitude of their slowdown is a lot more modest, it is a negative for the global economy. The question now, obviously, is how much will they slow down,” the Washington Post quoted Michael Hartnett, chief emerging markets strategist for Merrill Lynch, as saying.
These fears that booming emerging markets are becoming caught up in a global slowdown have helped send the dollar soaring this week.
Washington, Sep 13 : Former US House speaker Newt Gingrich has said that Republican vice presidential candidate Sarah Palin represents a “threat” to modern feminism and to Barack Obama’s quest for the presidency, and that is why the “elite media” is trying to tear her down.
Washington, Sep 13 : Republican presidential candidate John McCain has taken a slender lead over his rival Barack Obama less than two months before elections, a poll on the presidential race has said.
Tehran - The United States has not yet issued a visa for Iranian President Mahmoud Ahmadinejad to attend the United Nations General Assembly later this month in New York, Fars news agency reported Saturday.
