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BRICS economies grappling with midlife crisis: Roubini

Last Updated: Saturday, January 25, 2014, 18:39

The economist said in the World Economic Forum blog that China grew at a rate of over 10 percent for 30 years but its growth rate has now slowed to around 7 percent, and it may fall further.

Nobel economics winner Fama says risk of global recession in 2014

Last Updated: Saturday, December 07, 2013, 22:03

One of the three Americans who won this year`s Nobel prize for economics said bloated public deficits on both sides of the Atlantic meant that recession remained a real risk for 2014.

S&P upgrades outlook for Spain debt rating

Last Updated: Friday, November 29, 2013, 15:24

Standard & Poor`s ratings agency upgraded its outlook for Spanish debt on Friday, highlighting the prospect of an export-led recovery after a two-year recession.

Britain never in double-dip recession: Report

Last Updated: Friday, June 28, 2013, 08:53

Britain's economy expanded by 0.3 percent in the first quarter of 2013, and never experienced a double-dip recession as previously thought, official data showed.

US continuing to recover from the worst recession: White House

Last Updated: Saturday, May 04, 2013, 09:18

The US is continuing to recover from the worst recession since the Great Depression, the White House said after the latest jobs report revealed that the unemployment rate for the month of April has dropped to 7.5 percent, the lowest in four years.

One third British business bosses fear recession in 2012

Last Updated: Wednesday, February 22, 2012, 12:16

Around 35 percent of directors of British business firms think there is a high risk of a recession this year, says a survey.

Recession 'responsible for 2,000 deaths in London'

Last Updated: Saturday, January 28, 2012, 14:57

This is according to a study published in the 'British Medical Journal'.

IMF warns that Europe poses global recession threat

Last Updated: Tuesday, January 24, 2012, 22:58

The Eurozone debt crisis is escalating and could derail the global economic recovery, the International Monetary Fund warned on Tuesday as it called for urgent action to restore confidence.

Recession makes NRIs want to move back to India

Last Updated: Sunday, January 08, 2012, 10:01

With recession affecting the world economy, people of Indian origin settled abroad are now evincing interest in returning to India where they feel the growth story lies.

World stocks at 15-month low on Greek default

Last Updated: Tuesday, October 04, 2011, 12:55

European stock index futures fell on Tuesday, after global stocks sank to a 15-month low, as investors shed riskier assets on growing doubts over Greece's ability to avoid default that fueled fears of global financial turmoil and recession.

Indian economy will continue to grow: President

Last Updated: Wednesday, September 28, 2011, 14:21

Amid growing fears of another global recession looming large, President Pratibha Patil on Wednesday exuded confidence that India with its "strong fundamentals and resilience" will continue to grow economically.

D-St posts worst 2-day slide, Sensex tanks 300 points

Last Updated: Friday, September 23, 2011, 10:33

The Bombay Stock Exchange benchmark Sensex lost nearly 300 points in mid session trade Friday in line with their Asian peers as prospects of a global recession continues to unnerve investors.