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Pages:
1 page/≈275 words
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Level:
MLA
Subject:
Business & Marketing
Type:
Article
Language:
English (U.S.)
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MS Word
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$ 4.32
Topic:

India's Reliance on Imported Energy Threatens Long-Term Recovery (Article Sample)

Instructions:
The writer should read an article that is not more than 3 weeks old. The article should be about world news (Financial Times). The writer should write 1/2 a page about what the article says, and the second 1/2 page about what the writer benefited from reading the article. source..
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India`s Reliance on Imported Energy Threatens Long-Term Recovery
In this article, the author discusses how India`s long-term recovery is being threatened by the country`s high-energy imports. According to economists and business leaders, India`s biggest financial problem is not the forth-coming change in US monetary policy. Rather its problem emanates from the continued dependence on imported energy. For instance, the current statistics have revealed that India imported 82% of its oil in the last financial year.
These heavy imports have contributed to the current account deficit that worries investors. They also put India at a state of high vulnerability to price spikes induced by the current civil war in Syria and other events in Middle East. Since there are no hopes of India decreasing its reliance on imported energy, it has b...
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