accountFeb. 6 (Bloomberg) -- Group of Seven finance ministers pledged to maintain the flow of stimulus into their economies...
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GLOBAL RECESSION
In April 2008, the International Monetary Fund (IMF) predicted that global growth would drop to 3% or less in 2008 and 2008, defining this as a global recession. The world’s riches economies are continuing to shrink, signaling that we are indeed getting closer to a global recession. This topic covers the latest news on the international economic downturn that may turn into a global recession.
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Meredith Whitney is concerned about financial reform that will punish banks just for the sake of doing something.
Feb. 4 (Bloomberg) -- European Central Bank President Jean- Claude Trichet said he’s confident Greece can get its...
Feb. 3 (Bloomberg) -- Greece’s plan to cut the European Union’s biggest budget deficit won European Commission backing...
Carmakers around the world are cutting production as inventories build up to unprecedented levels. Storage areas and...
Japan’s gross domestic product contracted much more rapidly in the third quarter than initially thought, underscoring...
Leaders from established and emerging economies meet in London on April 2 under pressure to restore confidence and plot...
A high ranking official from China's central bank says China will continue to invest in the US treasury bonds...
When it comes to airports, many travelers have a simple goal: Spend as little time there as possible. With the global...
Pressure to innovate continues to mount on large enterprises with recession-hit consumers resetting their values,...
IMF Revises Up Global Growth Outlook The IMF released its update to the World Economic Outlook - a respected, useful...
The conclusion to our look at developments in the public sector at the onset of recovery…
The economy is still in the gravitational pull of the Great Recession, and all the booster rockets for getting us...
Jack Crooks writes: The U.S. has become the most significant consumer in the world when it comes to demanding finished...
Bad news keeps coming to Michigan, a state long stuck in recession and at ground zero in the national economic downturn.
The euro advanced above $1.28 for the first time since May as demand at Spain’s government bond sale eased concern that...
Shares in General Electric, the conglomerate headed by Jeff Immelt, tumbled briefly below $6 yesterday, a level unseen...
Money is tight as we emerge from the global recession, but the needs left unmet are as great or greater than ever.
Welcome to the muddle ages of the post-great-recession recovery; I put another angle on how the US economic recovery is...
■Global recession requires coordinated economic policies ■IMF has helped contain crisis and propose policy responses to...
Whining and nagging are humane. However, I heard of them too much these days, especially in this recession times.
U.K. Prime Minister David Cameron will say today that giving the public control over services including police,...
KARACHI: Global economic meltdown will cause decline in exports, decrease in remittances and reduction in aid from...
Here is a great visual explanation of the crisis of credit from Jonathan Jarvis. Apparently, he created it as part of...
Top Sources: Global Recession
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