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Thursday, 25 October 2012

British recession ends on Olympics' economic boost











British recession ends on Olympics' economic boost
Christian Science Monitor
Britain rebounded strongly from recession in the third quarter, posting its strongest quarterly GDP growth in five years, boosted at least in part by robust Olympics spending, official data showed on Thursday. Skip to next paragraph. In Pictures: The ...
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Christian Science Monitor
Boomer women struggle in recession's wake
NBCNews.com (blog)
Di Pino is one of millions of boomer women whose finances and economic well-being have been shredded by the Great Recession. Since 2007, some 3.5 million women over the age of 18 have fallen below the poverty level, bringing the total to nearly 18 ...
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NBCNews.com (blog)
UK recession over as economy grows 1 pct in Q3
The Associated Press
By ROBERT BARR, Associated Press – 1 minute ago. LONDON (AP) — Britain's economy emerged from its nine-month recession in the July to September quarter, when spending on the Olympics helped it grow by a bigger than expected 1 percent, according ...
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NHL Lockout Post Recession = 'Double Whammy'
CNBC.com
Bars and restaurants normally filled to capacity in St. Paul, Minn. on nights when there's a Minnesota Wild game have empty tables. An impasse between the National Hockey League and the NHL Players' Association has resulted in games being canceled at ...
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CNBC.com
UK Recession Seen Ending After Olympic Ticket Sales
Businessweek
Britain's first double-dip recession since the 1970s probably ended in the third quarter as ticket sales for the London Olympic Games helped revive growth. Gross domestic product rose 0.6 percent from the previous three months, according to the median ...
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Pound Jumps After UK Emerges From Recession as Gilts Decline
Businessweek
The pound climbed the most in three weeks against the dollar after Britain's economy expanded by more than analysts forecast in the third quarter, pulling the nation out of a recession. U.K. government bonds fell as the strongest growth in five years ...
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Recession warning as euro lending dries up
Times of India
"The ongoing fall in loans to non-financial companies is disappointing news and consistent with our view that the eurozone economy is still in a mild recession," said Marie Diron of Ernst & Young Eurozone Forecast. More information would come with next ...
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UK exits recession, but recovery patchy - ONS
Reuters
Oct. 25 - The strong economic rebound in Q3 was well-balanced, but largely down to one-off factors. So it's too early to say the recovery has real momentum, says ONS Chief Economist Joe Grice.
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Bailed-out Portugal needs extra effort to cut debt amid recession ...
Washington Post
LISBON, Portugal — The International Monetary Fund says bailed-out Portugal must take more steps to reduce its debt load amid a continuing recession and growing unemployment. The government predicts an economic contraction of 1 percent in 2013 for a ...
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Why Voters Should Turn From the Pseudoconservative Party of the Great ...
Huffington Post
On top of this fiscal profligacy, the effects of a pseudoconservative favorite, deregulation, contributed to a financial catastrophe that began the Great Recession in 2007. In 2008 IV, GDP fell by an annualized rate of 8.9%, the largest such rate of ...
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