Security

Will Economic Setbacks Reduce Business Opportunities in the Security Industry

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This time last year economic indicators took a hit 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. Whilst this did have an effect on demand for security equipment it was marginal and the fragile recovery in the economy has limped on in the last 9 months. But recent events in Greece, Portugal and Ireland would suggest that that the bail outs have not worked and they are likely to default on the loan repayments. This has both extinguished any recovery in these markets and has taken its toll in other weak economies in Europe. It will have an adverse impact on world trade. Stock markets across the world have significantly marked down share prices and the buoyant forecasts of economic growth made some 5 months ago are being revised However the emerging markets of China, India and Brazil […]

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