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Economic Crisis

Newly released files detail Thatcher`s 1981 crisis

Newly released files detail Thatcher`s 1981 crisis


Rioting on Britain`s streets and criticism from colleagues during an economic crisis tested the mett...

Steps to fight global crisis at right time: Pranab


Finance Minister Pranab Mukherjee on Sunday said that the global economic crisis have had an impact...
From US to Europe, Wall Street protests go global

From US to Europe, Wall Street protests go global


Protests began in New Zealand, touched parts of Asia, spread to Europe and resumed at their starting...
Fertility rates dropping due to economic crisis

Fertility rates dropping due to economic crisis


The first major recession since that caused by the oil shocks of the 1970s, brought a sudden trend r...

Pak must make peace with India to overcome its economic crisis


With its economy battered by the devastating floods, Pakistan must make peace with India and norma...

Pak must make peace with India to overcome its economic crisis


With its economy battered by the devastating floods, Pakistan must make peace with India and norma...
Russia faces social upheaval due to scorching heat: Experts

Russia faces social upheaval due to scorching heat: Experts


Unprecedented heat wave and drought in major agro regions of Russia could lead to grave social and...
World economic crisis hits AIDS funding

World economic crisis hits AIDS funding


The global fight against HIV/AIDS is threatened by stagnating economies around the world.

India relatively unaffected by global crisis: US


Due to India`s limited dependence on external demand and strong stimulus steps, global crisis had a ...
World leaders struggle for common economic ground

World leaders struggle for common economic ground


After achieving notable success in dealing with the worst economic crisis in decades, major countrie...
Too early to say economic crisis is over: Putin

Too early to say economic crisis is over: Putin


It is too early to say the economic crisis is all over, Russian Prime Minister Vladimir Putin has sa...

Shortage of essential items due to blockade in Manipur


The Manipur government has taken measures to transport essential items and other goods along the S...
Croatia to elect president amid economic crisis

Croatia to elect president amid economic crisis


Croatians go to the polls on Sunday amid a deepening economic crisis and concerns over high-level co...
Greek PM to announce economic crisis plan

Greek PM to announce economic crisis plan


Greece`s new government readied plans on Monday to slash deficits and boost confidence in the countr...
Gulf summit to tackle economic crisis, conflicts

Gulf summit to tackle economic crisis, conflicts


Gulf states open a two-day annual summit in Kuwait City on Monday with the global recession`s impact...
Romanians to elect new president amid economic crisis

Romanians to elect new president amid economic crisis


Romanians go to the polls on Sunday to elect a new president amid severe economic and political cris...
Islamic banks weather economic storm: Study

Islamic banks weather economic storm: Study


Banks that comply with Islamic Sharia law are thriving despite the global financial crisis, thanks ...
India for new initiatives with ASEAN on eco meltdown

India for new initiatives with ASEAN on eco meltdown


India will make a strong pitch for new initiatives with ASEAN countries to collectively respond to c...
Don`t mistake revival as end of eco crisis: IMF to countries

Don`t mistake revival as end of eco crisis: IMF to countries


The signs of revival in the global economy should not be confused with the financial crisis being o...
Job mkt still grim; 27 people lose job per hour

Job mkt still grim; 27 people lose job per hour


Despite the US economy showing indications of recovery, the global job market remains gloomy, with c...
On Wall Street, Obama to set new economic course

On Wall Street, Obama to set new economic course


A year after Lehman Brothers imploded and unleashed global financial contagion, President Barack Oba...
Global economic crisis to continue: IMF chief

Global economic crisis to continue: IMF chief


The global economic crisis will continue and countries must do more to adopt financial market regula...
India weathered global crisis extraordinarily well: WB

India weathered global crisis extraordinarily well: WB


World Bank on Friday said India has done "extraordinarily well" in tackling the global economic cris...
Global crisis led to record number of reforms: WB

Global crisis led to record number of reforms: WB


The global economic crisis has encouraged a rash of government reforms that should make it easier to...
One year of economic crisis

One year of economic crisis


It was exactly on this day – September 07 - an year ago that the first sign of global economic crisi...
Post Recession Blues

Post Recession Blues


After a slew of news on the much awaited “end of recession”, policy makers are now thinking about th...
Containing inflation a challenge: RBI

Containing inflation a challenge: RBI


With food price inflation in double digits, the Reserve Bank is faced with the daunting task of keep...
Healthcare sector untouched by global eco crisis: Assocham

Healthcare sector untouched by global eco crisis: Assocham


India`s healthcare industry, despite the global economic downturn, posted a healthy growth of 42.44 ...
Monsoon impact top priority, growth ensured: Mukherjee

Monsoon impact top priority, growth ensured: Mukherjee


Economy seems to have weathered meltdown and deficient monsoon is a top priority for now, FM said.
German economy boosted by ZEW survey

German economy boosted by ZEW survey


A survey suggesting soaring investor confidence provided more cheer for the German economy on Tuesda...
Global economic crisis hits Indian overseas investments

Global economic crisis hits Indian overseas investments


On an overseas acquisition spree over the past few years, Indian companies have suddenly become wary...
Five more bank closures bring number of bank failures to 77

Five more bank closures bring number of bank failures to 77


US regulators have shut down five more regional banks, bringing the total number of US bank failures...
Spain`s economy shrinks, bucking eurozone trend

Spain`s economy shrinks, bucking eurozone trend


Spain`s recession-hit economy shrank further in the second quarter, official data showed Friday, as ...
Real estate lawyers hard hit by economic crisis

Real estate lawyers hard hit by economic crisis


The heady days of the real estate boom are over for most lawyers who made quite a packet dealing wit...
Total cost of world financial crisis at $11.9 tn: IMF

Total cost of world financial crisis at $11.9 tn: IMF


The world has spent a staggering 11.9 trillion dollars to wriggle out of the financial crisis, the ...
US deficit climbs to $1.3 trillion

US deficit climbs to $1.3 trillion


The US budget deficit reached USD 1.3 trillion for the current fiscal year in July, official data sh...
China watchdog eyes new derivative trade rules

China watchdog eyes new derivative trade rules


China`s banking regulator is considering tighter rules on domestic banks` derivative operations afte...
Global trade revival key to recovery: WTO chief

Global trade revival key to recovery: WTO chief


A swift conclusion to a new world trade pact could serve as a powerful stimulus for recovery from th...
China warns of `grave` jobs situation

China warns of `grave` jobs situation


China on Tuesday warned of a "grave" situation in the jobs market with millions of graduates and mig...
UBS remains cautious after Q2 loss, big outflows

UBS remains cautious after Q2 loss, big outflows


UBS said it remained cautious about its prospects after client withdrawals spurred by protracted US ...
Worst over for US but recovery to be slow: IMF

Worst over for US but recovery to be slow: IMF


The sharp contraction in the U.S. economy "seems to be ending" but recovery will be slow with risks ...
BofA planning to cut 10% of branches: Report

BofA planning to cut 10% of branches: Report


Bank of America Corp is planning to reduce its 6,100-branch network by about 10 percent, the Wall St...
US, China won`t slow government spending `too soon`

US, China won`t slow government spending `too soon`


The US and China agreed to maintain aggressive measures to stimulate their economies until a global ...
Virgin`s Branson sees hopeful economic signs

Virgin`s Branson sees hopeful economic signs


British entrepreneur Richard Branson, founder of the Virgin Group of companies, said on Monday he se...
Bernanke defends Fed`s actions

Bernanke defends Fed`s actions


Federal Reserve Chairman Ben Bernanke travelled to the US heartland to defend the central bank`s act...
US seeks action with China on economy

US seeks action with China on economy


US Secretary of State Hillary Clinton and Treasury Secretary Timothy Geithner called Monday for far-...
Emerging East Asian economies to see recovery in 2010: ADB

Emerging East Asian economies to see recovery in 2010: ADB


Emerging East Asian economies, including Singapore and Thailand, are expected to see economic reco...
Unemployment could undercut US recovery: Bernanke

Unemployment could undercut US recovery: Bernanke


Federal Reserve Chairman Ben Bernanke on Tuesday said the outlook for the long-suffering US economy ...
Govt sees over 1 crore jobs being created this fiscal

Govt sees over 1 crore jobs being created this fiscal


Amid reports of massive job losses in the time of global downturn, the government sees over one cr...