Recession News
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On Monday April 23, the Bank of Spain, confirmed that the country had slipped into recession for the second time in two years, with estimates that GDP fell 0.4 percent in the first quarter of 2012.
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If you've been apartment hunting in the last few months in the U.S., you've probably noticed that many apartments seem overpriced. And with good reason: America is currently experiencing something of an apartment shortage.
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Last night, the BBC 'Panorama' programme sent its reporter Hilary Anderson to interview people who are living under canvas and worse in the land of the free and the home of the brave.
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London -
The international pharmaceutical company AstraZeneca PLC has announced that it will cut 7,300 jobs based on its prediction of a tough year head and in the context of the global economic outlook.
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The U.S. economy looks to be on the up, according to crucial new figures that have just been released, with unemployment falling and more jobs being created.
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Technically speaking a recession can be defined as two or more successive quarters of negative GDP growth. The UK's fourth quarter of 2011 has revealed a small contraction and now the government will be pressured to report a small rise in Q1 of 2012.
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London -
A valuable sculpture by the artist Barbara Hepworth has been stolen. Police believe that the work of art has been melted down and sold as scrap metal. This is a further example of widespread metal theft in the U.K.
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Washington -
A U.S. foreclosure listing firm has released a study which indicates the U.S. foreclosure rate jumped 7 per cent in October alone, with 230,678 new properties affected. And the number is set to continue its distressing rise.
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Alessio Rastani is handsome, intelligent, charismatic, extremely expensively dressed, and dreaming of a big stock market crash so he can make money off your misery.
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San Francisco -
Despite the recessionary economy, some investment and financial experts remain steadfast that investments still need to be made and that garnering returns is important, among such are Berkeley Investment Advisors.
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Recession Headlines
Is Greece's recession the longest in history?
The UK economy will contract in the first three months of 2012, taking the country back into recession, an international think tank suggests.
The UK economy will remain weak for the foreseeable future, but recession is not inevitable, according to a survey by the British Chambers of Commerce.
Ireland's Central Bank says the country's domestic economy will remain in recession through 2012.
Figures out on Wednesday will show whether the UK economy grew in the first three months of the year or has returned to recession.
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Top News
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Recession Image
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Recession Blogs
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Yesterday, from 5 PM until 8 AM the following morning, I couldn’t reach one of my closest family members; someone I...
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All Americans have done it when they were young. When they were at school and every morning before class, school kids...
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Cuts? Not so deep really, they should have been different cuts, but the Liberals just don't get it yet. The Ontario...
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A few weeks ago, a Facebook post circulated for a short amount of time that listed out the accomplishments of the Obama...
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The political class has driven the financial viability of the nation's economy, democracy, and future to the edge of...
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