More Developments in Various Sectors to Boost Global Trade

Just recently, Morgan Stanley decided to invest around $68 M to Mantri Developers Private Ltd. which is a property development company based in Bangalore, India. The decision is part of Morgan Stanley's plan of venturing into the global stream of real estate. At the same time the investment, would also help Mantri in its plans for national expansion. Real estate is currently booming in India due to the increasing demands for housing projects and office buildings. This economic rise is also attracting many foreign investors now.

In terms of health, Roche finally got the approval from the U.S drug regulatory board to release Rituxan as the newest drug to treat rheumatoid arthritis. The approval of the new medicine does not only promise more profit on the part of Roche, but it gives likewise hope for the patients who have not responded to other standard treatments of rheumatoid arthritis.

U.S faces Several Economic Concerns

Based on the latest report, the trade gap between exports and imports in the U.S has increased during the past year from 18% - 75% of a trillion dollar. This is due to the fact that American consumers have continued to demand for more imported products such as oil, vehicles, and other goods. According to analysts, only a 57% increase in exports can bridge the gap. It must be noted the U.S. is a leading exporter in certain goods such as aircrafts. Although the sales of durable goods decreased during the past year, producing companies such as Boeing hope to improve in their sales in the succeeding years.

Meanwhile, the huge damage left by hurricane Katrina has also caused the insurance companies in the U.S to adjust their premiums. The adjustment is deemed necessary in order to cover the potential loss that would be caused by future catastrophes.

There's also good news regarding IT job opportunities based in the U.. Although many American companies are resorting into offshore services now, IT employment opportunities continue to grow in the U.S This is due to the fact that there are still certain IT tasks that needs to be based within its territory.