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Recession News

UK manufacturing, industrial output and construction stagnates

British manufacturing, industrial output and construction have fallen sharply in the UK, putting on hold any sign of the country coming out of an economic slump any time soon.
In the Media by Kev Hedges - 1 comment

Blackberry to cut 4,500 jobs

In an attempt to address considerable financial losses, Blackberry has announced it is planning to cut 4,500 jobs, equal to 40 percent of its worldwide workforce.
In the Media by Tim Sandle - 4 comments

Op-Ed: Interest rates should be determined by market, not central banks

Washington - Since the collapse of the United States economy at the height of the Great Recession in 2007 and 2008, consumers and governments have given interest rates a bad reputation. Is it wrong to blame them?
In the Media by Andrew Moran - 2 comments

New study show recession linked to maternal misbehavior

The recession has negatively impacted society in a number of ways; increased unemployment, smaller paychecks, and high levels of insecurity. Now we can add another thing to the list: episodes of maternal misbehavior.
In the Media by Amanda Byas - 1 comment

Mentally ill people 'hit hard by recession'

The economic recession across Europe has had a major impact on people who suffer from mental health issues, according to research from King's College London.
In the Media by Layne Weiss

Croatia joins the EU amidst economic recession and unemployment

Zagreb - As the country endures its fifth year of recession and record unemployment of 21%, Croatia will be officially recognized as the latest, brand-new EU member as at midnight on Sunday.
In the Media by Anne Sewell

US: Fears of deep economic recession as fiscal austerity looms

Washington - Liberal analysts are warning that a deep recession could follow implementation of spending cuts and that the experience of Europe points to the significance of government spending in a weak economy.
In the Media by JohnThomas Didymus - 1 comment

The state of British retail: 1 in 10 shops empty

As an indication of the state of the economy the British high street is at one of its lowest ever levels, with one in ten shops and retail units standing empty.
In the Media by Tim Sandle - 3 comments

Spain vows to stop eviction of neediest after suicides

On Monday, Spanish Economy Minister Luis de Guindos vowed that no needy family would have to go homeless over mortgage arrears.
In the Media by Raluca Besliu - 1 comment

Op-Ed: Recession leads to steep decline in Canadian quality of life

Waterloo - The Canadian Well-being index shows that since the onset of the recession between 2008 and 2010, the quality of life deteroriated by 24%. Canada's GDP, in contrast, declined by only 8.3% during the same period.
In the Media by Ken Hanly - 1 comment
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Recession Blogs

Canadian Quality of Life Has Decreased

I just read today from my news feed a report in the Montreal Gazette that was conducted by a research group at the...
Oct 23, 2012 by Chris Mihailoff

The Recession Hurts Medical Advancement

For many people the recession is very real – it is an everyday experience that impacts where they shop, how much...
Oct 6, 2012 by Bethany Wood

Sanofi to cut 900 jobs in France

The pharmaceutical company Sanofi is to cut 900 jobs in its French operations by 2015. The company has stated that...
Sep 27, 2012 in  Latest Markets Trends by Tim Sandle - 1 comment

BBC Director General - Search for a Bureaucrat

By the time you read this, the British Broadcasting Corporation will probably have picked a new Director General. I...
May 28, 2012 by Greer Nicholson

Macedonian Banks are Safer than West Europe's Banks

By Sam Vaknin Editor in Chief of Global Politician Even under the best case scenario (in which banks take a 50%...
Nov 8, 2011 by Sam Vaknin
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