U.S. CHEMICAL INDUSTRY GETS INTO BETTER TUNE

摘要

FOR MANY, 2012 and 2013 may be two years to forger as austerity in developed nations, recession in Europe, slowdown in China, and uncertainty all combined to hinder growth. The European economies seem to be emerging from a secondary recession but recovery is tentative at best. The BRIC [Brazil, Russia, India and China] economies have been weighed down (much like a brick) but it does appear that China now is improving. Inflationary pressures have eased and monetary policy around the world is striving to foster growth.