Sentences with phrase «global downturn»
The phrase "global downturn" refers to a significant decline or decrease in economic activity happening worldwide. It implies that various countries or regions are experiencing a slowdown, recession, or negative growth simultaneously. Full definition
Adding to those fears was the evident global downturn in manufacturing, the ongoing financial crisis in Europe, and the predictions of some that the US also would experience a return to recession, a «double dip.»
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Premier Li Keqiang's plan to have slower but better balanced growth has run into difficulties and Beijing's struggle to transform its economic model has prompted fears that the world's second - biggest economy could be the source of the next global downturn.
For example, in 2008 they cut interest rates together in response to the deepening global downturn, and in 2011 they helped prevent runaway appreciation of the Japanese yen following a devastating earthquake.
Leading indicators suggest that the risks of a synchronized global downturn are building.
But some slowing was always going to occur from such levels, and in the context of widespread recession around the world, Australia's performance is good, and much better than would have been anticipated had our performance in previous global downturns been extrapolated.
The crisis showed us how financial imbalances in one sector of one economy could be amplified and propagated across the entire financial system, leading to the worst global downturn since the Great Depression.
The developing global downturn is likely to have a disproportionate effect on debt - to - GDP ratios across Europe.
Seriously though awesome writeup, and totally agree, especially on a couple of points: too much QE by multiple parties is bad for everyone, and with England setting the European exit precedent a Europe debt crisis will most likely be the first global domino to fall (followed by Japan / China - China's will be epic - and finally the US) in the next global downturn.
«There's a very high probability in the next six years that there's going to be a global downturn, or at least a North American downturn,» says Michael Dolega, a senior economist with TD.
«We are distressed that wage rates have barely kept pace with inflation since the global downturn, which is not indicative of a tight labour market.
«These are uncertain times again and there is a risk of another global downturn,» said Stephen Webster, chief European economist at 4CAST.
While the industry did initially suffer from the global downturn, the scale of the decline was greatly mitigated by long lead times in aircraft manufacturing.
She started raising the alarm prior to the global downturn.
Moreover, just as the severity and simultaneity of the global downturn was unprecedented, so was the speed and strength of the policy response.
The recovery from the global downturn in 2001 is now well established and, on past experience, the expansion should still have some way to run.
Latin American countries with less of a buffer against a global downturn, such as Mexico and Brazil, have also been a drag on exchange traded fund (ETF) flows.
He traces the deepening fault lines in a world overly dependent on the indebted American consumer to power global economic growth and stave off global downturns.
The global downturn brought home to many Canadians the need to diversify our trade and lessen our dependence on the U.S., which currently buys 75 per cent of what we export.
Weak commodity prices in the late 1990s, together with consolidation in the global mining industry, appear also to have caused a global downturn in mining investment around that time; total resource - related investment in the US, Canada and South Africa declined (and was relatively flat in China), though the downturn was much less pronounced than in Australia.
Not even IWG's Regus, which has experienced phenomenal growth over almost 30 years and survived a global downturn, can match its valuation.
He says its unfortunate we're the victim of a global downturn, and reiterates the UK is in a strong position to deal with this.
Russia is not the easiest market in which to do business, especially in the context of the savage effects of the global downturn.
In the global downturn, it is more vital than ever that Britain remains at the heart of Europe.
He is the best leader to take us into the general election, he's also the best person to take the country through this global downturn and to make sure we can come out stronger.»
David Cameron will have the chance to rebuild this country from the smoking ruins left by 12 years of Labour and a global downturn.
Stephen Kinnock might think, assisted by a global downturn shattering Tory economic credibility, that he can succeed where his father failed.
The increase was lower than the years before the global downturn, when the pension fund routinely increased by double digits from year to year.
During the global downturn, the economy performed much worse than this.
Alternatively they could ask president Obama if he agrees with Gordon Brown's analysis that the global downturn both started in America and was Washington's fault..?
As the auto industry in US is crawling back up after the effects of the global downturn, Los Angeles organised an Auto Show which gave the world a look at what future cars have to offer in terms of design, durability as well as in terms of being environment - friendly.
Windows has also defied the global downturn in the tablet space during second quarter where it recorded a growth of 11 percent when the segment itself shrunk by 8 percent.
He thinks the U.S. economy remains insulated for now from any global downturn.
All those factors have raised a host of questions: Are investors bracing for a global downturn?
Reading across to the US you could argue they will not fair as well as Japan because it is a global downturn this time.
Jamaica's tourism economy is navigating the global downturn thanks to savvy initiatives generated by Bartlett and his team.
Following the start of the global downturn in 2008, the proportion of UK consumers taking a holiday dropped alarmingly.
Turkey in particular enjoyed a large slice of the evening's honours, reflecting its role as one of the few tourism success stories of the global downturn.
«Turkey has proven one of the tourism miracles of the global downturn, and hosting our Europe Ceremony will provide an excellent opportunity for the top decision - makers in European travel to experience its world - class facilities first hand.»
Foreign visitor numbers to Japan slumped at the fastest rate in nearly four decades due to the global downturn, swine flu fears and a strong yen, according to new data released by the Japan National Tourism Organisation.
Foreign visitor numbers to Japan slumped at the fastest rate in nearly four decades due to the global downturn, swine flu fears and a strong yen, according to new data released by the JNTO.
Edmund Barlett, Jamaica's Minister for Tourism, has beat the likes of sprinting superstar Usain Bolt to be voted «Man of Year 2009» by the Jamaica Observer, capping a year which has seen his island's tourism economy power through the global downturn through savvy initiatives.
European holidaymakers are demanding «authentic and ethical» luxury travel experiences as the global downturn has redefined upmarket tourism, reveals the WTM Global Trends Report 2011 released today
For the previous two WTM Vision Conference events in London Euromonitor International has supplied its Forecast Restatement 2009 and 2010 research, which looked at the impact the global downturn has had on the economy and how the industry had responded.
Tourism Ministers and industry leaders attending the November 8 Summit — How Tourism Can Prosper Following the Global Downturn — will discuss and agree actions and principles the sector should take moving forward to consolidate recovery.
The 2011 edition is poised to be the biggest yet with almost 200 ministers and aides in attendance discussing the key issues to help the industry consolidate following the global downturn.»
Unfortunately, a combination of the global downturn and the fact that big business still doesn't see renewable energy as cost - effective means, for the time being, Google is going to have to go it alone.