Japan hits 5 per cent unemployment rate

Japan’s unemployment rate has hit a 5-year high, as the recession continues to pressure the economy Share

GM heads for bankruptcy

After months of back and forth and huge amounts of uncertainty Share

US economy shrinks 5.7% in Q1

The US economy contracted 5.7 per cent during the first quarter as the recession Share

UK home repossessions soar by 50%

The number of homes repossessed in the UK soared by over 50 per cent Share

Germany sees GDP plunge 3.8%, worst drop in 40 years

The economy in Germany is taking its share of beating from the global economic crisis Share

1Q 2009 Russian GDP collapses 23.2% quarter-on-quarter

The Russian economy has taken a further beating in the first quarter of 2009 Share

UK unemployment rate soars to 7.1%

The unemployment rate in the UK rose to 7.1% for the first quarter in 2009 Share

U.S. foreclosures spike 32 percent in April

The number of U.S. households under foreclosure spiked 32 per cent Share

U.S. home prices fall 14% in first quarter

U.S. home prices fell the most on record in the first quarter from the previous year Share

Hotel occupancy in Switzerland drops

During the month of March Swiss hotels saw a drop in their hotel occupancy Share