| Greece recession to enter 6th year, budget shows San Jose Mercury News ATHENS, Greece—Greece's draft budget submitted to Parliament on Monday shows the country is set for a sixth year of recession, with its economy predicted to contract by 3.8 percent in 2013. This year's recession is expected to see the economy shrink ... See all stories on this topic » | ||
| Eurozone Manufacturing Data Indicates Region Has 'Fallen Back Into A New ... Huffington Post LONDON, Oct 1 (Reuters) - Euro zone manufacturing put in its worst performance in the three months to September since the depths of the Great Recession, with factories hit by falling demand despite cutting prices, a business survey showed on Monday ... See all stories on this topic » | ||
| JOHN HUSSMAN: We Are Already In Recession, And The Economists Just Don't ... Business Insider In his latest weekly letter, investor John Hussman reiterates his belief that we are already inrecession. In regard to a U.S. recession, keep in mind that the consensus of economic forecasters – not to mention central bankers - has never recognized ... See all stories on this topic » | ||
| Wall Street Traders To Clients: It's Time To Start Preparing For An Obama Victory Huffington Post 1 and start pulling the country into another recession. The higher taxes and lower spending would total $600 billion. They take effect automatically unless Congress and the White House reach a deal before then. If he's re-elected, Obama will still face ... See all stories on this topic » | ||
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| Euro-Region Unemployment Rate Rises to Record 11.4% on Crisis San Francisco Chronicle Oct. 1 (Bloomberg) -- The unemployment rate in the euro area reached the highest on record as the festering debt crisis pushed the economy toward a recession, prompting companies to cut jobs. Unemployment in the economy of the 17 nations using the ... See all stories on this topic » | ||
| Euro Outlook Weighed By Deepening Recession- Fitch Strikes Down Pound Business Insider As the debt crisis continues to raise the threat for a prolonged recession, European Central Bank board member Joerg Asmussen warned 'there could be additional need for external financing' in Greece, while there's talk that the periphery country may ... See all stories on this topic » | ||
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| Emerging Europe Growth Faces Euro-Zone Pressure Wall Street Journal Europe's emerging economies have stood up to the euro-zone financial crisis, but may face increasing pressure as the currency bloc appears to fall into recession. Purchasing managers' data for September published Monday showed manufacturing grew in ... See all stories on this topic » | ||
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Showing posts with label global recession. Show all posts
Showing posts with label global recession. Show all posts
Monday, 1 October 2012
Are We Already in A Recession?
Tuesday, 25 September 2012
S & P says new Global Recession hitting euro zone
NEW YORK (MarketWatch) -- Standard & Poor's Rating Services on Tuesday pared down its economic forecast for the euro zone in 2012 and 2013 in response to indicators that "paint a bleak picture" for the region. "The data are confirming our view that the region is entering a new period of recession, after three quarters of negative or flat growth since the final quarter of 2010," according to Jean-Michel Six, the rating agency's chief economist for Europe, the Middle East and Africa. "But prospects continue to vary from country to country." S&P said it now expects a drop of 0.8% in euro-zone GDP in 2012 and flat growth in 2013, compared to its July projection of a 0.7% GDP dip in 2012 and 0.3% growth in 2013.
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The Great Recession In Comparative Context
Slate Magazine (blog)
This is an important comparative perspective. Similarly, when you're assessing the performance of the Bush and Obama administrations and the Ben Bernanke Fed it's important to not just compare them to some theoretical ideal but to policymakers in the...
See all stories on this topic »
Slate Magazine (blog)S&P says new recession hitting euro zone
MarketWatch
NEW YORK (MarketWatch) -- Standard & Poor's Rating Services on Tuesday pared down its economic forecast for the euro zone in 2012 and 2013 in response to indicators that "paint a bleak picture" for the region. "The data are confirming our view that the ...
See all stories on this topic »Recession, drought help Interstate 69 project as highway makes its slow creep ...
Greenfield Daily Reporter
WASHINGTON, Ind. — Parallel concrete strips stretched to the horizon in front and behind, recently laid by a "paving train," the huge pieces of linked equipment that continuously pour, settle and smooth a two-lane strip of roadway at a time. Workers ...
See all stories on this topic »Lafayette banks prosper despite recession
The Daily Advertiser
insured banks based in Lafayette -- IberiaBank, MidSouth Bank and Home Bank -- all more than doubled their assets from December 2007, the beginning of the recession, to June 2012, according to data from FDIC. "We're doing extremely well. We are big on ...
See all stories on this topic »Study: Recession punishes West Virginia workers
World Socialist Web Site
The recession wiped out 21,300 jobs in West Virginia, of which 18,000 of which have been recouped during the so-called economic “recovery” since 2010. However, due to population growth over this period some 27,000 new jobs would still need to be ...
See all stories on this topic »During recession, some Aspen-area nonprofit leaders saw pay cuts
Aspen Times
The following chart reflects both the pay increases and decreases CEOs and executive directors of Aspen-Snowmass nonprofits have received, based on the most recent tax returns available for the organizations. The seven nonprofit directors are included ...
See all stories on this topic »Germany to Avoid Recession in 2nd Half, Grow in 2013, Industry Chief Says
NASDAQ
BERLIN--Germany's economy will skirt recession in the second half of 2012 and continue growing next year, amid higher exports to the U.S. and improvements in the euro zone, the head of German industry lobbying group BDI forecast Tuesday.
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