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Wednesday, June 19, 2013 
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Spain is emerging from recession says minister

Spain is emerging from recession says minister


"We don`t have all the data regarding this quarter" but "it is much less bad than the...

Suicides soar in Italy


Recession-mired Italy saw a 40-percent surge in the number of suicides over a 15-month period betwee...

Economy recovering, infra investment needed: US


The American economy is recovering in the aftermath of the worst recession, a top US official has sa...

US continuing to recover from the worst recession: White House


The US is continuing to recover from the worst recession since the Great Depression, the White House...

Spanish chef focuses on creativity to deal with recession


Spanish chef Joan Roca said Wednesday in Chile that he had managed to ride out Spain`s economic cris...

Greece enters sixth consecutive year of economic recession


The level of unemployment in Greece hit a record 27.2 percent in January, up 5.7 percentage points y...

`Spain's recession could continue into 2014'


The economic recession that has affected Spain since 2011 could continue into next year despite fore...

Spanish bands look to Mexico for opportunities


Spanish musicians are looking to Mexico for opportunities amid the deep economic recession that has ...

Eurozone recession to continue: European Commission


The 17-nation bloc's economy, which generates nearly a fifth of global output, will shrink 0.3 perce...

Eurozone recession deepens


Germany, the engine of the Eurozone economy, saw its GDP decrease 0.60 percent, while Italy's econom...

Eurozone slips deeper into recession, European shares, euro slip


Economic output in the 17-country region fell by 0.6 percent in the fourth quarter.

EU leaders agree to adopt first ever austerity budget


Expecting to help millions who are struggling through government cutbacks and recession, European Un...

Recession reverses 'empty nest' syndrome in US


Empty nest syndrome is associated with general feeling of loneliness among parents when their childr...

UK in triple dip recession fears


If output continues to fall in the first quarter of this year, the UK will fall into its third reces...

Britain not sliding into triple-dip recession


Fears that the country's double-dip problems will intensify in the new year were dismissed by the Br...

UN report warns of second recession on EU, US conditions


The United Nations has lowered global economic growth forecast for the coming two years even as it w...

'Present global crisis is comparable to Lehman shock of 2008'


The present financial crisis in Europe and other countries is affecting Asian economies not just thr...

Eurozone in recession as economy shrinks in third quarter


The economy of the 17-nation eurozone shrank 0.1 percent in the July-September period.

Italy votes in center-left primary amid recession


Italians voted in a primary for a center-left candidate to run in spring general elections that will...

Eurozone slides back into second recession since 2009


Gross domestic product in the eurozone fell 0.1 percent in the three months through September, follo...

Warren Buffett rules out recession if Congress can’t deal with fiscal cliff


American business magnate Warren Buffett has said there ‘won’t be a recession’ if Congress can't res...

China feeling pressure of rising unemployment amid recession


China, with a 4.1 per cent urban unemployment rate, is feeling the pressure from the country`s slugg...

France's industrial output falls 2.7% in Sept


France's industrial production fell by 2.7 percent in September from a month earlier due to sharp de...

EU expects Spanish economy to stay in recession until 2014


The European Commission said Wednesday it expects Spain's economy to contract by 1.4 percent both th...

US may slip into recession if Congress doesn't act: Bernanke


Ben Bernanke has said if Congress doesn't reach agreement soon to avert a budget crisis, the US migh...

Obama seeks more action to rebuild US economy


Stating that the country needs to do more than just reclaim the jobs lost during the recession, Pres...

Spain's recession to worsen, says minister


Spain's economic recession is getting worse, and the economic figures from the second quarter point ...

Manic' behaviour led to 2008 credit crisis: Study


Professor Stein argues that the financial world was suffering from collective mania in the two decad...

Spain has no immediate plans to request for bailout: Report


Economy Minister Luis de Guindos on Wednesday said that Spain has no immediate plans to request a Eu...

Slim chance of US slipping back into recession: Buffett


The possibility of the US economy sliding back to recession is very small despite the fragile econom...

Illegal Indians quitting recession-hit UK?


Many Indian citizens who entered Britain illegally to chase their `London Dreams` are returning home...

Recession pushed Parineeti into acting


Parineeti, who happens to be actress Priyanka Chopra`s cousin, says her close proximity with the pro...

UK slides back into recession after 0.2% Q1 contraction


Britain's economy has fallen back into recession for the first time since 2009 after official figure...

Spanish economy back in recession


Spain's gross domestic product shrank 0.4 percent in the first three months of this year after contr...

Europe should pull out of recession in late 2012: S&P


Although the current recession in Europe will probably extend into the third quarter, we believe the...

‘Over 50% young Black men unemployed in UK’


The astonishing stats revealed unemployment figures were as high as 55.9% for young black men as com...

US stock rally helps regain wealth lost in recession


A stock rally at the end of 2011 helped rebuild more of their lost wealth — a trend that carried int...

Eurozone PMIs slide, heightening recession fears


The eurozone's service sector shrank unexpectedly this month, reviving fears that the economy risks ...

One third British business bosses fear recession in 2012


Around 35 percent of directors of British business firms think there is a high risk of a recession t...

2012 may see 2nd slowest year of global economic growth in a decade


If the World Bank is correct, 2012 will see the second slowest year of global economic growth in a d...

Fears of US slowdown fade as economy shows some muscle


A few months ago economists were all but certain the US economy would slow sharply at the start of t...

Spanish economy shrinks in Q4, nearing recession


Spain's economy contracted by 0.3 percent during the fourth quarter, according to official figures r...

Recession `responsible for 2,000 deaths in London`


Believe it or not, recession has killed 2,000 people in London. This is according to a study publish...

Recession 'responsible for 2,000 deaths in London'


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

IMF warns that Europe poses global recession threat


The Eurozone debt crisis is escalating and could derail the global economic recovery, the Internatio...

Fallout of recession in eurozone


The recession in the eurozone will have a serious fallout for India and weaken growth further. It is...

Fallout of recession in eurozone


The recession in the eurozone will have a serious fallout for India and weaken growth further. It is...

Recession makes NRIs want to move back to India


With recession affecting the world economy, people of Indian origin settled abroad are now evincing ...

US economy to show stamina as global growth slows


The US economy is gaining momentum and should push through next year with only a few bruises despite...

Euro zone decline eases, recession still looks certain: PMI


The decline in the euro zone’s private sector eased a little this month, but a recession still looks...