Economic indicators have taken a hit this month with major concerns about the need for countries within the Euro Zone to cut back on public expenditure in order to repay their massive debts. It is possible that the fragile recovery in the economy that has been experienced in the last 9 months will be extinguished in a number of European countries. This will have an adverse impact on world trade. Stock markets across the world have significantly marked down share prices and this has forced some IPO’s to be temporarily delayed. However the emerging markets of China, India and Brazil have so far not been affected. For some years financial markets have turned tail at the mere hint of bad news and have exaggerated the possible consequences but by the same token the upswing also responds as rapidly. The facts and statistics shown in this month’s Executive Brief do not flag up any adverse trends […]