Concerned over the forecast of yet another recession, Canada’s Finance Minister Jim Flaherty has urged the European leaders to take stern steps to tackle the menace of recession. It has come to light that
if Europe didn’t controlled its financial crisis then soon the Canadian economy would become the victim of it.

During a television interview, Flaherty said, "The avoidance of a recession depends on the ability of the Europeans to take the actions they need to take”. While addressing to the banking sector of the

Festival organizers have reported that China has surprised the judges by presenting their fireworks on the first night of the 21st competition of Light Title. China has invented fireworks more than 14 centuries ago and it was a close competition. The three shows were produced by Sirius Pyrotechnics of Montreal.