recession

Source: www.reuters.com --- 20 hours ago
Aug 29 - Japan is trying to fend off recession with inflation at a decade high and a package of stimulus measures coming. ...

Source: www.iht.com --- 18 hours ago
Canada's economy grew by a weaker-than-expected 0.3 percent in the second quarter, but a revision of the first quarter contraction to 0.8 percent confirmed that the economy narrowly avoided sliding into recession. ...

Source: www.moreover.com --- 17 hours ago
OTTAWA (Reuters) - Canada's economy grew by a weaker-than-expected 0.3 percent in the second quarter, Statistics Canada said on Friday, narrowly avoiding the common definition of a recession as demand for its exports waned. Gross domestic product shrank ...

Source: finance.sympatico.msn.ca --- 9 hours ago
...

Source: blogs.wsj.com --- 18 hours ago
A roundup of economic news from around the Web. India vs. China: Writing for the voxeu blog, Arvind Subramanian takes the opposite view of this RTE post from yesterday, arguing that China's long-term growth prospects are better than India's. "Growth begets further growth, which is good news for both China and [...] ...

Source: finance.sympatico.msn.ca --- 17 hours ago
...

Source: news.in.msn.com --- 19 hours ago
...

Source: www.reportonbusiness.com --- 6 hours ago
Statscan reports we avoided one – but what's the R-word really mean? ...

Source: www.ft.com --- 3 hours ago
Figures show that the country's GDP expanded by just 0.1% in the second quarter, lending further evidence that growth has stalled amid falling US demand for exports ...

Source: www.ew.com --- 18 hours ago
Reviewed by Simon Vozick-Levinson | B+ ...

Source: www.nzherald.co.nz --- 14 hours ago
The big bad "R" word is upon us. Many investors don't need advice on how to survive the recession. They just will. But others just can't see it coming or how it may affect them. Unemployment in the June quarter was 3.9 per cent.... ...

Source: www.fin24.co.za --- 14 hours ago
Despite a general slowdown in the local consumer economy, South Africa is by no means headed for a recession, says an economist. ...

Source: network.nationalpost.com --- 17 hours ago
The Canadian economy skirted a recession in the first part of the year as real GDP grew at a 0.3% annualized rate in the second quarter after a 0.8% contraction in the first quarter, Statistics Canada reported. The first quarter reading was revised down from an initial report of a 0.3% retreat. Here are some analysts comments: Robert Kavcic , BMO Capital Markets " It's not a technical recession but still the components are very weak.Consumer spending is slowing, residential investment was negative, business investment was negative. The only thing keeping growth positive was government spending and inventories. Next week the [BOC] will probably be on hold...but clearly the risks are to the downside and if the data continue to weaken in the coming months, there is a potential for a rate cut in October."  Dawn Desjardins, RBC Capital Markets:  "Today's report confirmed that the economy grew at a mild pace in the second quarter marking an improvement over the first quarter but still indicating limited momentum in the pace of activity. The slump in employment in July, moderating housing market activity and indications that the U.S. economy may have already hit this year's high-water mark in terms of the pace of growth in the second quarter, will leave the Bank of Canada with concerns about the downside risk to their projection that the economy will grow at about a 1.5% pace over the second half of this year." Charmain Buskas, TD Securi ...

Source: forums.catholic.com --- 39 minutes ago
Contrary to what the dems are selling in Denver, and with no one in the media holding them accountable for what they say, here are facts. Economy grew a respectable 3.3% in the 2nd quarter Poverty line lower now than in Clinton years Unemployment numbers lower than Clinton era. But to hear them say it, we're sinking fast! ...

Source: www.travelbizmonitor.com --- 49 minutes ago
According to a Centre for Asia Pacific Association (CAPA) report, the Association of Asia Pacific Airlines (AAPA) has given its verdict that slowing economic growth is having a very serious impact on travel demand after reviewing the latest set of weak traffic data for July 2008. Member airlines carried 12.6 million international passengers in July 2008, 0.6 per cent fewer than in the same month last year, although traffic measured in RPK terms grew slightly, up 0.8 per cent. Traffic data from the International Air Transport Association (IATA) for Asia Pacific airlines has been trending closely with the AAPA results and July 2008 results are also expected to be weak. ...

Source: www.mrswing.com --- 11 hours ago
Last Day:... ...

Source: www.traveldailynews.com --- 18 hours ago
“Slowing economic growth is having a very serious impact on travel demand” - that is the verdict from the Association of Asia Pacific Airlines (AAPA), reviewing the latest set of weak traffic data... ...

Source: news.opb.org --- 18 hours ago
State economists say that Oregon is in the midst of a long recession.  But they say the flip side is that the pain will be kept to a minimum. ...

Source: www.spectator.co.uk --- 18 hours ago
That American recession which we still see no signs of . Hopes that the US economy is more resilient than feared have risen after two key manufacturing barometers registered increases. Orders for durable goods - costly items such as cars and fridges - rose by 1.3pc to a seasonally adjusted $219.3bn in July, the second consecutive rise. This rather shows to me the value of benign neglect in attempts to manage an economy. What has happened in recent years is that the dollar has lost value against other currencies. No one deliberately set out to do this, ...

Source: www.mailtribune.com --- 17 hours ago
SALEM — Oregon is in for a long, "shallow" recession, but recovery should begin by the second half of 2009 and accelerate in early 2010, state cconomist Tom Potiowsky said Thursday. ...