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Global Recession

No image available
Article
/ 12 January 2010

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.

By Staff Reporter
No image available
Article
/ 8 January 2010

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.

By Lucia Mutikani
No image available
Article
/ 6 January 2010

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.

By Omar Valdimarsson
No image available
Article
/ 13 November 2009

Recession ends across Europe

Europe’s deepest recession since World War II officially ended on Friday when it joined Japan and the US in returning to growth.

By Roddy Thomson
No image available
Article
/ 3 November 2009

How Detroit, the motor city, turned into a ghost town

Wall Street is celebrating a recovery in the US economy, but the future looks increasingly bleak in America’s industrial heartland.

By Staff Reporter
No image available
Article
/ 6 October 2009

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

By Yolandi Groenewald
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