Economic Recession
Global Economic Recession News
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Publ.Date : Mon, 06 Feb 2012 14:40:58 GMT British THE beleaguered state of the British economy has been underlined by three separate reports revealing that Britain's 1 million small- and medium-sized businesses were facing their most difficult year since the recession of 2009. Sharp declines in bank ... With job spurt, US WASHINGTON: The latest surge in US job creation suggests the world's biggest economy is gathering momentum -- in contrast with the recession taking hold in parts of Europe. Analysts said that in the United States, where the economy added 243,000 ... China Risks 4-Point Growth-Rate Cut in Case of Europe Worsening: Asian officials are trying to weather the impact of the debt crisis in Europe, which has sapped global economic expansion and threatens to spark a recession in the 17-nation euro area. German factory orders may have climbed 1 percent in December ... The Case For Dean Baker is the rare exception. In the following guest post, he explains why he has parted ways with the economic pessimists. For more than five years before the recession began in December of 2007, I was one of the leading economic pessimists ... UK Britain's economy has entered a mild recession and will shrink in 2012, a leading think-tank said in a report on Friday, urging the government to boost near-term spending to prevent long-term damage from higher unemployment. The National Institute of ... Spanish MADRID — Spain's economy contracted by 0.3 percent during the fourth quarter, according to official figures released Wednesday, edging the country closer to a new recession as it deals with huge levels of unemployment and painful austerity cuts. 'Five years & global VARANASI: Get ready to face a long economic recession spanning about five years and it may change the global economic order, says YS Thakur, professor and head, Faculty of Management Studies (FMS), Dr Hari Singh Gaur Central University ... Hussman: WE'RE STILL GOING INTO economic reports were coming in tepid but ahead of expectations, and any concern about recession was viewed with disdain. The S&P 500 had advanced about 12% over a period of about 10 weeks, and was only about 8% below its 2007 peak, having recovered much ... As it has turned out, not only did the economic recovery resume in October from its first half slowdown, but some surprising data has come out regarding the entire three-year recovery from the ‘Great Recession’, data that is in sharp contrast to the ... |