Wednesday, November 16, 2011

Current Events #2

Title: "Storm Approaches for India's Banks, Analysts Say"

Summary of Article: India's economy is falling because of rising interest rates and loan payments. People were'nt paying there loans or not paying it back at all so now, money is being spent thoughtfully than before in India. In two years the industrial growth rate of India dropped critically.
Suggestion for Improvement/'Solving: Whatcan be solve to solve this problem is that the bank should'nt let people take loans unless they have a certain amount of money in their account so they know that the person can pay the money back. This effects the local government and the communtiy because now certain people can't be trusted making loans to so now people cant pay for things in their community and if the cpommunity doesn't get money then there will be a decrease in the activities in the community.

Wednesday, October 19, 2011

Current Events #1

Title: Deadly bomb hits funeral near Iraqi city of Hilla
Source: BBC News
http://www.bbc.co.uk/news/world-middle-east-15129451
Seventeen people died near a funeral in the Middle East. A car bomb killed seceral innocent people and wounded many people at a funeral. This happened near the Iraqi city of Hilla at 5:30 pm, This horrible incident happened because of failure of security of Iraqi forces.

The signifigance of this event to let people be globally aware that this can happen if security isnt always on duty. People should know that they are always protected from bombs, explosions, shoot-outs, etc.