Daily News Channel
Felipe Massa vowed to return to Formula One "as soon as possible" as he left hospital in Hungary to fly home to Brazil after his horror crash last weekend. Massa suffered “life threatening” injuries as his Ferrari careered off in final qualifying for the Hungarian Grand Prix at 200kph and slammed into a tire barrier. He spent two days in an induced coma after emergency surgery for a fractured skull and brain concussion and there were fears he would not be able to drive again
Asia’s economic growth will tumble to the slowest pace since the 1997-1998 Asian financial crisis, the Asian Development Bank (ADB) said in a report released Tuesday. “The short term outlook for the region is bleak as the full impact of the severe recession in industrialized economies is transmitted to emerging markets,” said Jong-Wha Lee, acting chief economist for the ADB. The Asian Development Outlook 2009 forecasts that economic growth in developing Asia will slip to 3.4 percent in 2009, down from 6.3 percent last year and 9.5 percent in 2007.