The UK risks falling back into recession as the global jobs crisis continues “unabated”, according to a pessimistic report on the worldwide labour market. Read More UK risks new recession on weak jobs market, says ILO
Posted in FX News | Tagged ilo, jobs, market, new, on, recession, risks, says, uk, weak
That rate of growth will barely be enough to lower the unemployment rate. Joblessness is projected to be 8.9% by the fourth quarter of next year, against the current 9.0%. The 10 most pessimistic forecasters of the 50 believe that growth through 2012 … 34 Vote(s) Read More Less Recession Risk, With Caution
Posted in FX News | Tagged caution, less, recession, risk, with
The eurozone is at risk of going into recession and the outlook for the UK is not much better, the European Commission warned, as it slashed its growth forecasts. Read More Eurozone and UK at risk of recession, warns EU
Posted in FX News | Tagged and, at, eu, eurozone, of, recession, risk, uk, warns
On top of the political developments in Italy and Spain highlighted in our earlier article, we have two pieces of macro data from the Euro-zone that showed that the interest rate cut by the ECB in its meeting last month was likely warranted. First up we have a sharp drop Read More European Macro Data [...]
Posted in FX News | Tagged ahead, case, data, draghis, european, macro, mild, of, reaffirms, recession
Official figures are expected to show that the economic recovery remains lacklustre and that the size of the economy may start shrinking before the end of the year. Read More Britain could take up to six years to recover from the recession
Posted in FX News | Tagged britain, could, from, recession, recover, six, take, the, to, up, years
The world is facing a prolonged crisis unless leaders can find the “political determination” to set the recovery back on track, the heads of both the International Monetary Fund and World Bank have warned. Read More IMFs Christine Lagarde blames politicians for bringing world to brink of recession
Posted in FX News | Tagged blames, bringing, brink, christine, for, imfs, lagarde, of, politicians, recession, to, world
The United States must start tackling its long-term economic problems instead of relying on the Federal Reserve to revive the economy, according to a leading Wall Street economist who predicted the last recession. Read More US politicians must act to avert a recession
Posted in FX News | Tagged a, act, avert, must, politicians, recession, to, us
The US economy has sent its loudest signal yet that the risk of a double-dip recession is growing, data which helped drive falls in global markets. Read More Philly Fed index warns that risk of doubledip recession is growing
Posted in FX News | Tagged doubledip, fed, growing, index, is, of, philly, recession, risk, that, warns
US job growth accelerated more than expected in July as private employers stepped up hiring, easing fears that the economy was sliding into a fresh recession. Read More Surprise jump in US jobs may ease recession fears
Posted in FX News | Tagged ease, fears, in, jobs, jump, may, recession, surprise, us
The waiting is nearly over. Gross Domestic Product for the ?rst quarter is announced on Wednesday – rarely has the data caused so much anticipation. Read More The painkillers are wearing off, for many the real recession starts now
Posted in FX News | Tagged are, for, many, now, off, painkillers, real, recession, starts, the, wearing
