Wednesday, September 26, 2007

Think This: 9/26/07

Korea's economic growth is likely to accelerate to an annual pace of 5.1 percent next year, but rising interest rates and consumer price inflation could hamper domestic consumer spending, a local think tank said Thursday (Sept. 27).

According to the Hyundai Research Institute, "Based on the premise that the U.S. subprime issue would not trigger a global economic crisis, the Dubai crude price would average $80 and the won would change hands at 915 won versus the dollar next year..."

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