Present Situation
In 1997, $1,300 million were exchanged every day on Foreign exchange market, about $475 billions per year.
The world financial transactions have jumped from $1,100,000 billions dollars in 2002 to $2,200,000 billions dollars in 2008 : 95% of this global amount is only used for speculation.
Read more about this topic: Financial Transaction
Famous quotes containing the words present and/or situation:
“The line it is drawn
The curse it is cast
The slow one now
Will later be fast
As the present now
Will later be past
The order is
Rapidly fadin’.
And the first one now
Will later be last
For the times they are a-changin’.”
—Bob Dylan [Robert Allen Zimmerman] (b. 1941)
“An actress reading a part for the first time tries many ways to say the same line before she settles into the one she believes suits the character and situation best. There’s an aspect of the rehearsing actress about the girl on the verge of her teens. Playfully, she is starting to try out ways to be a grown-up person.”
—Stella Chess (20th century)