A global perspective

A global perspective

The credit crunch is leading to what looks like becoming a deep and widespread recession around the world. The World Today took a look at how five different parts of the world are being affected.

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The Chinese currency, the yuan

China:

Even the foremost rising industrial power is seeing growth slow.

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Workers at an textile factory in India

India:

For the first time in a decade, industrial production has registered negative growth.

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An Egyptian patrol ship navigates the Suez Canal

Egypt:

The economy is feeling the effects of the downturn, but some see it as an opportunity.

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Barack Obama

United States:

The financial crisis began here. How bad can things get and can Barack Obama save the day?

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A mini on the BMW production line in Cowley, UK

Europe:

How is the continent being affected? Germany and Britain are suffering in different ways.

Click here for more on Britain and Germany.

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