THE SMART NEWS SOURCE | Feb 10 2012 15:11 | LAST UPDATED Feb 10 2012 15:11
Articles about global recession

One in three workers live in poverty

World needs to create almost 600-million jobs in order to tackle unemployment caused by recession.

Eurozone's weak manufacturing output spells slide to recession

A lack of confidence among investors in the prospects for the eurozone has pushed the value of the euro down against the US dollar and the yen.

Made in Japan, but it might not be for long

More firms face a tough choice over whether or not to move production in Japan overseas to escape the impact of the relentless rise of the yen.

Global slump may retard Africa's growth

As the economic clouds darken over Europe and the United States, there are concerns a double-dip recession in the West could cast a shadow over Africa

Can SA producers hope for rescue from Gordhan?

SA's manufacturing sector has been the hardest hit by the global slowdown, but there is hope Pravin Gordhan will announce measures to support it.

Who will pass the sustainability test?

The social, financial and environmental impact of companies is coming under the spotlight.

US unleashes $400bn to save economy

The United States central bank has unleashed a radical $400-billion plan to prevent the world's largest economy sliding back into recession.

US recession fears wrecks world markets

Wall Street braced for losses on Tuesday after world stock markets took a beating over fears that the US economy was heading back into recession.

Gordhan searches for a better plan

Pravin Gordhan needs SA's economy grow at a rate of around 7% per annum in order to create jobs and keep the country globally competitive.

Pressure eases off eurozone debt fears

Financial market pressure on the euro zone eased a little this week as Italy's borrowing costs fell and bank shares stabilised.

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