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Recession Hit Economy

Feb 24, 2015 at 10:33 | Source: PTI
The world's biggest miner has been hard hit by falling prices for its two main commodities, iron ore and oil, with a 23 percent reduction in capital and exploration expenditure helping offset some of the damage.
Feb 14, 2015 at 16:11 | Source: CNBC
Russia's economy has been hit hard by the severe decline in global oil prices and sanctions imposed on the country for its part in the Ukraine conflict. This, in turn, has caused the currency to weaken 90 percent against the dollar over the last 12 months, further pushing up the rate of inflation which stands around 11.4 percent.
Feb 02, 2015 at 07:39 | Source: CNBC
If Rip Van Winkle were to wake up today and see where oil is and where bond yields are...he would be very tempted to say that we must be in a recession, said Nicholas Colas, chief market strategist at Convergex
Jan 25, 2015 at 16:27 | Source: PTI
The global economy is facing multiple challenges, including crisis in the euro zone and slowing Chinese economy even as the US is seeing signs of stronger recovery
Jan 24, 2015 at 13:21 | Source: CNBC
Forces including a strengthening United States economy will push the euro to parity with the dollar by the end of next year as euro zone countries look to break through a period of sluggish growth, an economist said on Friday.
Jan 17, 2015 at 09:16 | Source: Reuters
Wall Street stocks rebounded on Friday on signs the US economy was on track for solid growth with consumer sentiment hitting an 11-year high, while the euro slid further against the dollar a day after Switzerland ditched its currency cap.
Jan 02, 2015 at 11:45 | Source: Moneycontrol.com
According to Angel Commodities, copper prices are expected to trade lower on signs of slow-down in China along with supply surplus that will hit the markets next year. On the contrary, there are hopes of more stimuli from China to support the economy will act as a positive factor.
Dec 29, 2014 at 08:41 | Source: CNBC
To understand the complexity of the Fed's task in overcoming the Great Recession and its aftermath, one should also note that the US financial system returned to pre-crisis conditions only in the second half of last year.
Dec 24, 2014 at 12:29 | Source: Reuters
Japanese stocks rallied on Wednesday after Wall Street hit a record closing-high on the back of data pointing to rapid momentum in the US economy, which boosted risk appetite and lent weight to last week's positive assessment by the Federal Reserve.
Dec 17, 2014 at 15:11 | Source: CNBC-TV18
Sugandha Sachdeva of Relicare says even though everybody is looking at interest rate cut to revive growth, which is still very close to 5 percent mark, a now depreciating rupee can see further outflow from Indian economy. That is the major reason why RBI is restraining itself from cutting interest rates.
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Source:Economic Times - LONDON: Bank of England policymakers recently voted 7-2 in favour of pumping out another £50 billion (62 billion euros, $79 billion) of new cash to help Britain`s recession-hit economy, minutes showed on Wednesday. BoE Governor Mervyn King and six other central bank members

10.21 PM Jul 18th 2012

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Source:Economic Times - ATHENS: Greek Prime Minister Antonis Samaras on Friday said his new government would focus on turning around its recession-hit economy, proceed with a privatisation plan and push through much-needed reforms. In his first major policy speech since taking office last month

12.53 PM Jul 7th 2012

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Source:Economic Times - LONDON: The Bank of England began a two-day monetary policy meeting here on Wednesday that was widely expected to result in more stimulus to boost Britain`s recession-hit economy. Britain`s BoE is set to keep its key interest rate at a record-low 0.50 percent -- where

10.21 AM Jul 5th 2012

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Source:Economic Times - ATHENS: Greece has seven to eight months to turn around its recession-hit economy and make use of EU funds and a landmark debt rollover or market fears will return, the prime minister`s economic advisor said on Monday.

1.19 PM Mar 27th 2012

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