Water

Data : Death of 1.6 million children per year.

Cause : Global water crisis.

Various arguments, meetings held for economic loss compounded by misuse of natural resources affecting economic development and crisis of water is no less significant.Europe uses an average of 200 litres of water per person, States consumes around 400 litres while developing nations consume around 10-12 litres of water though of inferior quality mostly contaminated water.

According to the Stockholm International Water Institute the degree of the crisis is at its peak. Statistics reveal that over 20 percent of global population faces acute shortage of water supply, hygiene and proper sanitation remains a day dream. In fact it acts as a accelerator for human degradation.

Passing through the phase of food crisis, economic slow down, environmental degradation sustainability of livelihood has become a real hardship for many. In fact global water consumption is doubly co-related with rise in population. With no substitute and rising cost, avoiding the burning matter shall aggravate the problem.According various apex bodies like Asian Development Bank, World Health Organization, UNO the task is quite uphill one with Sub Saharan Africa, various poor Asian countries will not witness the development in coming half a century. Economic Loss, degradation of humanity, loss of real man power if computed will account to incurring Credit Liability of Global Accounts.

Thanks

Pamela

Car Dealer : Thinking to buy?????????????????????
Person : Well well need to think over it!!!
Car Dealer : (After a long pause) OK......................!!

Recession in car sales

American car dealers are in real rough patch in this economic down turn.Will this recession eat up even more??? Will this recession be averted?? History says it is quite difficult. in fact down turn has began and car sales have taken the early hit.

The graphical representation makes it quite clear the percentage change in sales of new cars with time horizon of 1 year with 12 months before.

Adjusting it with inflation it is not positive, rather it 2% down. The down fall continued with figure slipping down to around 2.5 % by July.

A little introspection in this can help a lot. If we go back to mid 90’s

American Economy saw no happy feet in fact on contrary there has been several recessions.Even with several other indicators we cannot deny the hit of new car market. According to census bureau officials, revenue has been halved, keeping aside sales of parts, repair and services. Soaring gas prices, oil prices, liquidity crunch are just adding fuel to fire.

Thanks

Pamela