Not exact matches
The Conservatives came to office in 2006 with a $ 13 - billion surplus but had whittled that down to a structural deficit even before the
global recession struck in
late 2008, according to the Parliamentary Budget Office.
The country faced a deep
recession in the
late nineties, and has struggled to recover from the current
global economic crisis.
He
later recalled that the
global financial meltdown that led to the Great
Recession could have been mitigated if the Fed had slashed interest rates «more dramatically» at the time.
While the
latest census figures confirm that Canada fared well during the
global recession, the picture of household financial health is far from complete
My guess is that the stock markets will crash worldwide in 2012, or if Bernanke does another one of his mindless interventions by the first quarter of 2013 at the very
latest just on anticipation of a
global recession.
Key monetary indicators in the United States, Europe, Japan, and China are flashing signals of an economic slowdown
later this year, raising fears of a
global recession in 2019 and a stock market slump without a shift in policy.
According to Knight Frank's
latest Global House Price Index, worldwide home prices recorded their weakest annual performance since the depths of the
recession in 2009, recording only 0.9 % growth in the year to March 2012.
The Great
Recession may be over, but eight years
later we can still see the deep scars and unhealed wounds it left on the
global economy.
After only modest growth initially following the 2001
global recession, international trade in goods and services has rebounded strongly of
late, increasing by about 10 per cent in 2004, or approximately double the rate of growth in world GDP (Graph A1).
Looking at
global oil demand, you can see it's been unrelenting through
recessions, through bull markets, bear markets, and it looks like it's going to continue to go up at a fairly steady level based on
latest data from the U.S. Energy Information Administration (EIA).
Exactly 50 years
later, crude oil production peaked at 70 mb / d, and because it then made up the bulk of oil supply, this caused the temporary plateau of
global oil production that helped pitch the
global economy into
recession.
Just two days
later, the Dow Jones fell 515 points on fears of a
global debt crisis and all of the other indicators pointing to another
recession in the United States.
Fears of the U.S. economy, a
global recession, rising interest rates, and even the U.S. presidential election have been helping lift bitcoin prices as of
late.
However it did not all happen at once — the
global recession was triggered in 2007 by the United States, but the European countries, for example, did not follow until years
later.