Your Search Returned 195 tagged news reports
Britain is facing the worst recession in decades, the deputy governor of the Bank of England warned today. Sir John Gieve said that further action was needed to prevent a prolonged recession but that there was nothing that could be done to stop a sharp...
Tags: John Gieve, Bank of England, sir john, deputy governor, rate cut, global economy, deep recession
Global economy slowing rapidly, says BoJ chief AFP, Tokyo The global economy is deteriorating rapidly and financial markets remain under heavy pressure, Bank of Japan governor Masaaki Shirakawa said Friday. "The global financial markets remain, on the...
Tags: global economy, Masaaki Shirakawa, Bank of Japan, financial markets
Aircraft maker Boeing, one of the few employers that added workers through the nationwide labor market downturn last year, announced Friday it will cut 4,500 jobs this year, undoing the employment gains it achieved in 2008. The job cut in Boeing's Commercial...
Tags: Boeing Co., Boeing Commercial Airplanes, global economy, weakening global, work force, airplane business, aerospace giant, taking prudent, business unit, economic environment
Over the past few weeks we have seen some exceptionally weak data released overseas and central banks cutting their interest rates quite sharply, writes Tony Alexander this week. Oil prices have tumbled and sharemarkets have weakened anew. Because the...
Tags: economy, global economy
But more pain is expected in the near-term as bleak economic reports roll in, signaling more bankruptcies, bad debts and layoffs through at least early 2009, and more sleepless nights for everyone from central bankers to consumers struggling to pay off...
Tags: economic pain, reports roll, bleak economic, bad debts, global economy, sleepless nights, economic reports, credit card, card bills, consumers struggling
Prime Minister Kevin Rudd and and Opposition Leader Malcolm Turnbull have both made mention of the tough economic times ahead in their new year messages. Mr Turnbull says despite the expected challenges, there is every reason to be optimistic and positive...
Tags: Australian, Kevin Rudd, prime minister, Mr Rudd, global economy, minister kevin, global financial, financial crisis
MONDAY, DECEMBER 15, 2008 by Biodun Iginla, News Analyst for BBC News and the Economist. Researcher: Moira Tamayo. Dec 11th 2008 From The Economist print edition THE BRITISH GOVERNMENT’S LATEST CRACK AT REFORMING SCHOOLS...
Tags: BIODUN IGINLA, GLOBAL ECONOMY, MOIRA TAMAYO, THE ECONOMIST; BIODUN IGINLA
by Biodun Iginla, news analyst for BBC News and the Economist. Researcher: Moira Tamayo in Puerto Rico Dec 14th 2008From Economist.com The Federal Reserve considers how to get the economy moving again JAS • AMERICA’S Federal Reserve...
Tags: biodun iginla, moira tamayo, economist, global economy
I was planning to retire and sit in my rocking chair in my study and reading good books but when the news came that I had won the Nobel Peace Prize, I started getting calls from my friends who said you can't retire now," he said. The peace prize ceremony...
Tags: Paul Krugman, nobel prize, nobel economics, global economy, prize winner, economics prize
Infrastructure companies rose on hopes they would benefit from the stimulus package. Larsen & Toubro rose 3.5 per cent, Jaiprakash Associates climbed 4.2 per cent and Reliance Infrastructure was up 2.2 per cent. "Global cues, expectations of sops to affected...
Tags: bank, stimulus package, global economy