Global Economic Crisis

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WASHINGTON — The Eurozone debt crisis is intensifying a global slowdown, with new signs that even powerhouse Germany may be faltering, adding to worries about China and other major pillars of economic growth. Analysts worry that economies and ...
May 25, 2012 at 11:32 | Source: Los Angeles Times
Unless leaders in Europe act quickly, the financial crisis there could drag down the global economy and kill what appears to be a "fragile, extremely uneven" recovery, the multi-national Organization for Economic Cooperation and Development ...
May 22, 2012 at 13:58 | Source: NPR News
that it’s proving incapable of solving the current fiscal crisis. In my previous article on this series, I wrote of how populism can often stand in the way of solving economic problems. From Nigeria’s stalled economic reforms to India’s ...
May 24, 2012 at 13:06 | Source: CNN
Brazil is "much stronger today than we were during the global economic crisis of 2008-2009," Brazilian President Dilma Rousseff said in a speech Monday in the southern state of Santa Catarina. "Today, we have $370 billion in reserves ...
May 21, 2012 at 20:47 | Source: NASDAQ
Shimla/Mumbai, May 24 (ANI): Commerce and Industry Minister Anand Sharma has blamed the historic depreciation in the value of the rupee vis-a-vis the U.S. dollar on international economic pressures such as the Eurozone crisis. "There is pressure ...
May 24, 2012 at 16:19 | Source: Newstrack India
The crisis in the eurozone risks derailing the global economic recovery, the Organization for Economic Cooperation and Development (OECD) said in its latest economic outlook Tuesday, which predicts a full year of recession in the common currency area.
May 22, 2012 at 21:22 | Source: Hispanic Business
In a replay of events that unfolded during the global crisis, outflows of capital from the region ... With China already facing economic slowing, two reductions in Chinese banks’ reserves requirements can now be expected before year-end ...
May 25, 2012 at 05:12 | Source: Marketwatch
The result could be a global crisis to rival the one that followed the 2008 collapse ... Joaquin Almunia, the European Union's top antitrust official and its former economic and monetary affairs commissioners, argued Wednesday that the eurozone ...
May 26, 2012 at 12:42 | Source: Yahoo Finance
to mirror the larger global economic crisis. Also on Tuesday, the highly political British filmmaker Ken Loach brings a lighter touch to economic turmoil with his latest “The Angel’s Share,” about an ex-con trying to set his life right.
May 20, 2012 at 20:41 | Source: Wall Street Journal
Youth joblessness is almost back at its peak following the outbreak of the global economic crisis and is unlikely to ease until at least 2016, the International Labour Organization warned Tuesday. The ILO said nearly 75 million youths or 12.7 ...
May 22, 2012 at 06:13 | Source: Raw Story