recession - Latest News on recession | Read Breaking News on Zee News

US top business place for investors: Obama

Last Updated: Thursday, July 24, 2014, 10:54

Noting that his country has bounced back from its worst ever recession, US president Barack Obama has said America is now the top place for investors to do business.

South Korea unveils $40 bn economic stimulus package

Last Updated: Thursday, July 24, 2014, 08:47

The stimulus plan of 41 trillion won ($40 billion) includes 11.7 trillion won in expanded fiscal spending and 29 trillion won in extra financing support.

World Bank says trade protectionism starts to level off

Last Updated: Friday, June 27, 2014, 06:17

Barriers to imports in major economies are starting to recede after a rash of protectionism during the global financial crisis, World Bank figures showed on Thursday.

US economy shrank 2.9% in first quarter: Govt

Last Updated: Wednesday, June 25, 2014, 18:34

The contraction in the world`s largest economy was the steepest since the 2009 first quarter.

South Africa economy shrinks for first time since `Great Recession`

Last Updated: Tuesday, May 27, 2014, 16:33

Statistics South Africa reported the economy contracted by 0.6 percent, a stunning reversal for Africa`s most advanced economy amid a rapid boom elsewhere in the continent.

IMF says Russia is in recession

Last Updated: Wednesday, April 30, 2014, 23:23

The International Monetary Fund said today that Russia is already in recession and slashed its growth forecast for 2014 citing the effect of the Ukraine crisis on investment.

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.

US primed to bring back jobs lost to recession: Obama

Last Updated: Saturday, January 18, 2014, 18:46

The US is prepared to bring back jobs lost to recession and overseas competition in recent decades and the Congress should help achieve this goal, President Barack Obama said on Saturday.

The Cold Blow

Last Updated: Thursday, January 09, 2014, 08:44

The winter crisis of the 1940s England holds strong parallels today, in its bitterness, scale and by way of that one economist who had shown the way.

Recession-hit Spain distributes $3.4 bln in Christmas lottery

Last Updated: Monday, December 23, 2013, 19:54

The country of Spain, which is currently going through a financial crisis, has handed out 3.4 billion dollars in the annual and world’s richest Christmas lottery.

Pope expresses support for Italy`s "pitchfork" protesters

Last Updated: Sunday, December 22, 2013, 23:41

Pope Francis expressed support for Italians protesting over high unemployment, recession and austerity but urged them to reject the "temptation of violence".

Greek lawmakers approve tough budget

Last Updated: Sunday, December 08, 2013, 09:22

The coalition government, which enjoys a narrow majority in the 300-seat chamber, scraped through with 153 deputies backing the 2014 budget in a late evening vote yesterday.