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Germany, France return to growth in Q2; Europe on course for recovery
Germany and France, euro region’s two largest economies, returned to growth in the second quarter Share
Australia recovering faster than expected, economy showing signs of life
After a year of global recession, Australia could be one of the world’s first major countries Share
Turkish economy collapsing, GDP contracts 13.8 per cent
The Turkish Statistics Institute (TUIK) announced last week that Turkey’s economy contracted Share
French budget deficit to top 7 per cent
France’s government budget deficit is expected to soar to between 7% and 7.5% Share
Switzerland battles worst recession in 34 years
The Swiss government approved a third, 750 million Swiss franc ($690 million) Share
Tourism and travel industry set to contract in 2009
The global tourism and travel industry is set to contract in 2009, according to a new report by Euromonitor International entitled “The Forecast Restatement – Travel and Tourism in a Crisis” launched at the World Travel Market Vision conference...
US economy shrinks 5.7% in Q1
The US economy contracted 5.7 per cent during the first quarter as the recession 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
