Riding the rails
|Global engines of growth are struggling|
(From The Washington Post) Major developing countries such as China, India and Brazil were fast and forceful in battling the worldwide economic downturn of 2009, raising hopes that these dynamic economies would continue to serve as engines for global growth in the years that followed.
But now, these countries are struggling to sustain their dramatic expansion. Instead, they are slowing alongside — and in part because of — developed economies such as the United States and Europe.
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