Tag archive for ‘recovery’
By Debbie Parker On Thursday, July 8th, 2010

SARB Chief says SA ‘recovery fragile’

According to Gill Marcus – Reserve Bank Governor “The reality is that we probably never really emerged from the crisis, which is now entering its next phase,” There are going to be implications for More...

By Debbie Parker On Friday, June 25th, 2010

Economic Growth Concern Affects the European Economy

As per the slow recovery signs of the European economy, the bonds of European nations are being held back due to the demands of extra yield investors. Instead, an increased interest level in the German bonds is More...

By Stefano Guttierez On Wednesday, February 24th, 2010
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Alan Greenspan: ‘Worst crisis in history’

Alan Greenspan has called the financial crisis, “by far the greatest financial crisis, globally, ever” — including the 1930s Great Depression. Greenspan commented on the crisis in an address to More...

By Rajat Anand On Thursday, December 17th, 2009

Crisis in Dubai is over, says official

According to a report by Reuters, the United Arab Emirates’ foreign minister said on Thursday, “the economic crisis in Dubai is over”. Given the $10 billion bailout announced earlier this week More...

By Rajat Anand On Monday, December 7th, 2009
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Unspent TARP money to be used for jobs: Obama

Barack Obama, President of the United States of America, has said that the unspent funds from the bailout for the financial industry may be used to accelerate the growth of jobs in the country. The President is More...

By Rajat Anand On Monday, November 16th, 2009

Zimbabwean economy stabilizing

The occupancy of Zimbabwean hotels has almost doubled in the last year, which shows that tourists are returning to the south-African nation as its economic and political condition has begun to stabilize. According More...

By Rajat Anand On Sunday, November 15th, 2009

APEC says global economy recovering

The leaders of 21 APEC economies, in a recently concluded two-day summit in Singapore, have said that the global economy is now beginning to revive, and the Asia- Pacific region is leading from the front. The forum More...

By Rajat Anand On Friday, November 13th, 2009

European economy out of recession

The euro-area economy came out from recession in the third quarter as consumers’ unwillingness to increase spending was compensated by growth in exports from France and Germany. Gross Domestic Product rose 0.4 More...

By Rajat Anand On Monday, November 9th, 2009
1 Comment

China to lead world economic recovery

A recent World Bank report has suggested that amongst the world’s major economies, the Chinese economy will be the first to emerge out of the global slowdown. The World Bank predicted China to grow at almost 8.4 More...

By Rajat Anand On Friday, November 6th, 2009

US jobless rate at 26 year high, crosses 10 percent mark

Unemployment in the US increased more than expected last month to record a 26 year high as employers continued to cut jobs, showing signs that that the struggle in the labor market carries on as the country’s More...