Saturday
February 9, 2013
Results for: recession

  • 14/06/2012 | Argentina

    'The economy is in a recession,' Viglione

    Economist Abel Viglione assured that the Argentine economy is in a recession as the visited Ambito Debate tv show, which airs on cable news network C5N.

  • 14/10/2011 | Argentina

    Boudou arrives in Paris to participate in G20 summit

    Economy Minister Amado Boudou, arrived to Paris to participate in a meeting between economy ministers and leaders of the Central Banks of the G20, to try to find solutions to the debt crisis which is currently affecting various European countries, threatening a world recession.

  • 03/11/2011 | Argentina

    Argentina's probability of a recession reaches 70%, study says

    The Centre of Financial Research CIF of the Torcuato Di Tella University School of Business released the data of the Leader Index (ILCIF) corresponding to September 2011, and showed that the possibility of recession reached 70 percent.

  • 24/04/2012 | Argentina

    Greece's economy will contract more than 5% in 2012, central bank chief warns

    Greece's central bank chief said economy will contract a deeper than expected 5 percent this year, and urged strict adherence to reform and fiscal adjustment commitments Greece has agreed with its euro zone partners.

  • 15/11/2012 | World

    Euro zone falls into second recession since 2009, data shows

    The debt crisis dragged the euro zone into its second recession since 2009 in the third quarter despite modest growth in Germany and France, data showed.

  • 20/11/2012 | World

    Budget fight threatens US recession, Bernanke says

    Federal Reserve Chairman Ben Bernanke said today that 2013 could be a "very good year" for the US economy if politicians can strike a quick deal to avoid the so-called fiscal cliff.

  • 25/01/2013 | World

    Britain's economy shrinks more than expected

    Britain's economy shrank more than expected at the end of 2012 with a North Sea oil production slump, lower factory output and a hangover from London Olympics pushing it perilously close to a "triple-dip" recession.

  • 24/08/2012 | World

    UK's recession less severe than first thought

    Economy shrank less than first thought in the second quarter despite a hefty drag from trade, but the wider picture of economic weakness was little changed, data today showed.

  • 28/08/2012 | World

    Spanish recession deepens as austerity plan moves forward

    Spain’s recession worsened in the second quarter as the government’s austerity push to reduce the euro area’s third-biggest budget deficit and a slump in consumer spending offset growth in exports.

  • 06/09/2012 | World

    OECD: 'Crisis pushing eurozone into recession'

    Europe's debt crisis is pushing the 17-country eurozone toward recession and dragging down the global economy, the Organization for Economic Cooperation and Development said.

  • 24/07/2012 | World

    'Recession seen deeper than 7% this year,' Greek PM

    Greece's recession may be deeper than 7 percent this year, Prime Minister Antonis Samaras said, estimating that the country would not return to growth before 2014.

  • 25/07/2012 | World

    Britain sinks far deeper into recession than forecast

    Britain's economy shrank far more than expected in the second quarter, battered by everything from an extra public holiday to government spending cuts and the neighboring euro zone crisis.

  • 22/08/2012 | World

    US Budget Office sees worse economic wreckage from 'fiscal cliff'

    Massive spending cuts and tax hikes due next year will cause even worse economic damage than previously thought if Washington fails to come up with a solution, US Congress' budget office said.

  • 24/05/2012 | World

    UK recession deepens

    Britain fell deeper into recession than initially thought in the first quarter of 2012 due to a slump in construction output, raising the likelihood that the Bank will opt to inject more stimulus to protect the economy from the euro zone debt crisis.

  • 08/06/2012 | World

    Obama urges Europe to act quickly on crisis

    President Barack Obama said that European leaders face an "urgent need to act" to resolve the region's financial crisis as the threat of a renewed recession there spells dangers for an anemic US recovery five months before elections.

  • 23/07/2012 | World

    Spain's Central Bank says economy sank deeper into recession in second quarter

    Spain's economy sank deeper into recession in the second quarter, its central bank said as investors spooked by an undeclared funding crisis in its regions pushed the country ever closer to a full bailout.

  • 12/03/2012 | World

    Data confirms Italy is in recession

    Italy is in recession, final data confirmed today. Italy's economy shrank 0.7 percent in the fourth quarter of 2011, following a 0.2 percent decline in gross domestic product in the third quarter.

  • 25/04/2012 | World

    Britain's economy falls in its second recession since financial crisis

    Britain's economy has fallen into its second recession since the financial crisis after an shock contraction at the start of 2012,the Office for National Statistics said, adding that Britain's gross domestic product fell 0.2 percent in the first quarter of 2012 on top of a 0.3 percent decline at the end of 2011.

  • 27/04/2012 | World

    Spanish economy in 'huge crisis,' says Foreign Minister

    Spain's sickly economy faces a "crisis of huge proportions", Foreign Minister Jose Manuel Garcia-Margallo said today, as unemployment hit its highest level in two decades and Standard and Poor's weighed in with a two-notch downgrade of the government's debt.

  • 14/12/2011 | World

    IMF says Greece must move faster on reforms

    The International Monetary Fund stepped up pressure on Greece, saying promised reforms were behind schedule in most areas and the delays were stalling recovery from years of recession.

  • 30/12/2011 | World

    Spain says deficit bigger than expected, unveils tax

    Spain's new government said the public deficit for 2011 would come in at 8% of gross domestic product, well above a target of 6%, and announced income and property tax hikes and a civil servant wage freeze in response.

  • 24/01/2012 | World

    EU foresees ‘moderate recession’ for first semester in Europe

    The European Union predicts Europe will endure a moderate recession on the year’s first semester, remarked today EU commissioner for Economic and Monetary Affairs Olli Rehn.

  • 18/08/2011 | World

    US, Europe dangerously close to recession, Morgan Stanley reports

    The United States and euro zone are "dangerously close to recession," Morgan Stanley said today, criticizing policymakers and predicting the European Central Bank will have to reverse its rates policy.

  • 12/09/2011 | World

    Central bankers see no global recession

    Economic growth is slowing but there is no sign of a worldwide recession, according to global central bankers who said they had no plans for concerted action.

  • 22/09/2011 | World

    Oil tumbles more than 4%

    Oil prices tumbled more than 4 percent to six-week lows today as the US Federal Reserves weak economic outlook and disappointing China data stirred fears of a global recession and battered markets.

  • 18/05/2011 | World

    Quake knocks Japan into recession

    Japan's economy shrank much more than expected in the first quarter and slipped into recession after the triple blow of the March earthquake, tsunami and nuclear crisis hit business and consumer spending and tore apart supply chains.

  • 15/07/2011 | World

    Eight European banks fail latest stress test

    Eight European banks have failed a test of their ability to withstand a prolonged recession which did not build in the impact of a Greek default, the European Banking Authority said.

  • 12/08/2011 | World

    Greek recession slows in Q2 but austerity hurting

    Greece's severe recession slowed in the second quarter, data showed today, but economists said recessionary pressures would worsen in the second half as new austerity measures bite, jeopardising Athens' ability to meet EU/IMF fiscal targets.


Results: 28

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