A jornal opinion article Essay Example | Topics and Well Written Essays - 750 words

A jornal opinion article - Essay Example The country’s exports also fell, considerably, due to slow-down of economies in countries like China and Euro zone nations. According to the article, the corporate decision makers are delaying their investment plans, as they have their own apprehensions on Federal Budget Policies and forthcoming US elections. These factors, among others are reasons for delaying the investment decisions by those responsible for corporate spending. As they are delaying the implementation of big projects, partly due to slow demand, world-wide, the big businesses are looking forward to government action on issues involving ‘tax cuts’ and ‘fiscal deficit’. During the meeting with President Obama, top executives of leading companies, including Apple and JP Morgan Chase agreed to work together for betterment of investment climate in the country. As the article date is 19 Nov 2012, it informs the readers that the spending by major corporate businesses was excellent during the whole year, except the recent months when it slowed down considerably. This was supported by the figures quoted in the article, which showed that S&P’s listed 500 stock index companies spent around $ 580 billion on the purchase of plant and equipment for business expansion. However, the reversal in the capital expenditure plans, during the third quarter of 2012 was a sign of worry for the future, although the current scenario presented in the article was not that gloomy. The slow down was due to lower fuel prices, higher job opportunities and better housing market. The article has held the global slowdown responsible for the reversal of investment plans in third quarter of 2012. Giving an example of reducing demand of coal and other minerals in China, the article informs that the result of this has been reduced orders for earth moving and other heavy equipment for American giant ‘Caterpillar Inc.’. Other areas of concern provided by