News Source: Australian Broadcasting Corporation
| 7 months ago
America's economy shrank by 6.1 per cent on an annual basis in the first three months of the year. The result was much worse than market expectations and follows the 6.3 per cent contraction the previous quarter...Business and housing investment were...
News Source: Al Jazeera
| 7 months ago
The US economy shrunk by 6.1 per cent in the first quarter of 2009 as cuts by businesses and a drop in exports continued to fuel a US recession, according to a government report. The drop in gross domestic product, reported by the Commerce Department...
News Source: Androscoggin News
| 7 months ago
IMF U-Turn Progressive 29 April 2009 editorial Harare — Love it or hate it, the International Monetary Fund is important in the modern world, not so much because of what it does itself, but because of its influence. If the IMF gives a country the...
News Source: The Courier-Mail
| 7 months ago
Irish gross domestic product (GDP) will shrink by 11.6 per cent in 2008-2010 after slashing its annual forecasts in a quarterly commentary. Prior to this the largest decline for an industrialised country since the 1930s had been in Finland, where...
News Source: The Scotsman
| 7 months ago
Darling, has insisted his optimistic forecasts of a recovery to growth by the end of the year was correct, despite being ripped apart by the International Monetary Fund. The Chancellor said he was aware of the IMF's gloomier forecasts before...
News Source: Novinite
| 7 months ago
Finance April 28, 2009, Tuesday Bulgaria's Finance Minister Plamen Oresharski has repeatedly taken a stance against the immediate introduction of the euro, saying this would have no significant economic impact. Bulgaria and IMF officials have agreed...