World stock markets slump on European debt fears
Global equities tumbled on Friday as investors ran for cover on fears that soaring European state debt could damage a fragile economic recovery.
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SA workers 'stuck in catastrophic recession'
Workers have yet to see any proof of a recovery from the recession, despite what academics and the media are saying, Cosatu says.
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Britain faces renewed recession risk
Britain, which is forecast to have exited recession during the final quarter of last year, faces a "serious risk" of renewed negative growth.
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US job purge probably halted, jobless rate seen up
A US government report on Friday is expected to show the economy stopped shedding jobs last month for the first time since it fell into recession.
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Iceland leader rejects UK, Dutch compensation Bill
Iceland's president rejected a Bill to repay Britain and The Netherlands more than $5-billion their savers lost when Icelandic banks collapsed.
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Global recession linked to drop in carbon emissions
The global recession revealed its first hint of a silver lining when the International Energy Agency revealed that carbon emissions could fall in 2009
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