Posts tagged with the keyword: ‘recession’

Asia stocks slide as G20 gets cool response (Reuters)

Asia stocks slide as G20 gets cool response 
    (Reuters)

Reuters - Asian stocks slid to a 16-month low and emerging market currencies fell on Friday amid fears that the developed world is stumbling back into recession, while a pledge from the G20 to preserve financial stability left investors largely unimpressed.[Read more...]

Wall Street sharply lower on fears about economy (AP)

Wall Street sharply lower on fears about economy 
    (AP)

AP - Investors on Wall Street and around the world sold stocks with abandon Thursday, more convinced than ever that the United States and perhaps the globe are headed for a new recession.[Read more...]

Child abuse rose during recession, research says (AP)

Child abuse rose during recession, research says 
    (AP)

AP - An increase in child abuse, mostly in infants, is linked with the recent recession in new research that raises fresh concerns about the impact of the nation’s economic woes.[Read more...]

Moody’s stays negative on states, local governments (Reuters)

Moody’s stays negative on states, local governments 
    (Reuters)

Reuters - Even though the recession officially ended more than two years ago, the still-weak U.S. economy and a pullback in federal support means the outlook for states and local governments remains negative, Moody’s Investors Service said on Monday.[Read more...]

German austerity drive risks Euro-slump

German austerity drive risks Euro-slump

Mimes in the colours of the German flag perform during a party in the city of Wiesbaden. German insistence on deflation polices is causing near universal despair Photo: EPA By Ambrose Evans-Pritchard 9:33PM BST [...]

Ashtead profits jump 136pc on US construction demand

Ashtead profits jump 136pc on US construction demand

Ashtead rents out equipment such as forklifts, drills and generators Photo: Bloomberg News By Graham Ruddick 5:49PM BST 06 Sep 2011 Comments Ashtead [...]

Dismal jobs data shakes Asian markets (AP)

Dismal jobs data shakes Asian markets 
    (AP)

AP - The dismal U.S. job market, which has intensified fears of another recession, may be even worse than the unemployment numbers suggest.[Read more...]

Europe set to fall again as growth gloom hits stocks (Reuters)

Europe set to fall again as growth gloom hits stocks 
    (Reuters)

Reuters - European shares were set for sharp losses on Monday after Asian stocks slid and the euro hit a three-week low against the dollar, as fears of a renewed U.S. recession and sustained worries about the euro zone debt crisis prompted investors to sell riskier assets.[Read more...]

Memoir Blasts Brown’s Crisis Handling

Memoir Blasts Brown’s Crisis Handling

Britain’s former Treasury chief Alistair Darling has attacked the leadership of former Prime Minister Gordon Brown and current Bank of England Gov. Mervyn King during the credit crisis, portraying Mr. Brown’s premiership in a new memoir as one with an “air of permanent crisis and chaos.” Enlarge ImageClose Bloomberg News Alistair Darling, the [...]

IMF: global economy faces a ‘threatening downward spiral’

IMF: global economy faces a ‘threatening downward spiral’

The comments come at the start of a dramatic week for the eurozone as Italy prepares to roll over record sums of debt and Germany’s constitutional court (left) issues its long-awaited verdict on the legality of the EU’s bail-out machinery.  [...]