Five years after the onset
of the global recession of 2008 — 2009, the sluggish pace of recovery and worries over employment and financial security continue to weigh heavily on consumer sentiment in developed economies.
Not exact matches
News
of Lucara's discovery
of the Lesedi La Rona diamond (it was named in a national contest held in Botswana and translates into «our light» in the Tswana language) has helped invigorate a mining category that has languished in the wake
of a
global recession, not to mention a campaign by Blood Diamond star Leonardo DiCaprio to promote synthetic alternatives to alleviate working conditions
of miners in Africa.
Lane talked
of Canada's need to restore its place in
global supply chains after the Great
Recession and how a stronger currency «battered» exporters after the financial crisis.
Rudd's $ 43bn fast web gamble The
global recession has forced Kevin Rudd to scrap plans for a high - speed national broadband network funded by the private sector and wager at least $ 21.9 billion
of taxpayers» money to fund his election pledge to bring internet speeds into the 21st century.
The
global economy is set for one
of its best years since the financial crisis, but
recession risks are increasing, said UBS Chairman Axel Weber.
This dynamic shielded us from the brunt
of the
global recession.
In the face
of a
global recession, China's GDP rocketed 8.9 % in 2009.
But in the wake
of the
global recession, prices in most other countries have fallen back to earth.
Eight years after a devastating
recession opened an era
of loose U.S. monetary policy, the Federal Reserve was set on Wednesday to raise rates for the first time since 2006, in a sign the world's largest economy had overcome most
of the wounds
of the
global financial crisis.
Singapore downgraded its forecasts on economic growth and exports for 2016 after confirming a contraction in output in the third quarter, raising the risk
of a
recession amid fresh uncertainty around
global trade under U.S. President - elect Donald Trump.
Well, here's a fact that may change your mind: Apple had the most profitable year ever during what we call the biggest
global recession of all times.
In addition to covering the full range
of investment opportunities, the book features new material on the Great
Recession and the
global credit crisis as well as an increased focus on the long - term potential
of emerging markets.
For the sake
of comparison, consider this: During the first quarter
of Obama's second term in 2013, foreign travel to the U.S. increased 6.4 % and in the first three months
of 2009, at the beginning
of his first term and the
global recession, it was down 14.3 %.
In the period leading up to the 2008
global recession, KingFisher established a war chest that allowed it not only to ride out the downturn but also finance its subsequent purchase
of two Washington - based manufacturers: Renaissance Marine Group and Hells Canyon Marine (KingFisher also employs approximately 200 people at its U.S. facility).
On the whole, business leaders say that, given the
global scope
of the
recession, the Conservatives have so far met the challenges
of improving the economy and managing the deficit as wellas can be expected.
Carney, who is leaving to take over the top job at the Bank
of England, won respect across the
global financial community for his leadership and deft handling
of the challenges wrought by the
recession.
«Trade wars, a
recession, any notion
of any weakness in
global economies are going to cut into,» oil prices, Kloza said.
Over the course
of 2001, as
global markets fell and the world headed into
recession, Apple launched the iTunes music software (in January), the Mac OS X operating system (March), the first Apple retail stores (May), and the first iPod (November), a 5 GB model that Apple bragged would hold 1,000 songs.
Lehman Brothers collapsed in the fall
of 2008 amid the
global financial crisis and Great
Recession.
Global demand has increased as economies in Europe and North America lift out
of recession.
As one
of the largest advertising and marketing companies in the world, IPG was slammed by the
global recession.
But while 2016 is likely to be another year
of slow
global growth, I don't foresee a
global recession.
In fairness, McDonald had the misfortune
of taking over during the punishing
global recession that followed the financial crisis.
Paul Krugman, the Nobel laureate economist who now spends most
of his time sharing his opinions with the readers
of the New York Times, predicts a
global recession.
Russian markets, in recovery mode following a deep
recession after the
global oil price collapse in 2015, have been ravaged since Friday over fears
of U.S. sanctions.
Despite the
recession, more than 90 %
of interactive marketers plan this year to maintain or increase spending on reaching consumers through Facebook, Twitter and the like, according to a
global survey by Forrester Research.
To create jobs and prevent a double - dip
global recession, this group
of die - hard Keynesians wants to see emergency stimulus spending maintained and maybe even increased to support economic growth.
If the most recent batch
of confidence surveys are any indication, consumers have just figured out the
global economy may be headed for
recession.
It is hard to imagine Canadian Finance Minister Jim Flaherty actually coming out and stating that he thinks the risk
of another
global recession is growing daily.
«The combination
of a disorderly Brexit and a severe
global recession and stressed misconduct costs could result in more severe conditions than in the stress test,» the bank said.
«The 2017 stress test shows the UK banking system is resilient to deep simultaneous
recessions in the UK and
global economies, large falls in asset prices and a separate stress
of misconduct costs,» the BoE said.
With headaches like natural disasters, rising wages in China, and a financial domino effect gripping economies around the world — not to mention
recession - induced protectionism like U.S. President Barack Obama's jobs bills with their Buy American clauses — have we reached the limits
of the
global integration that has propelled the world economy since the end
of the Cold War?
The head
of the World Trade Organization warned
of a real risk
of triggering an escalation
of global trade barriers and a deep
recession, even as financial markets and many economists started to discount the risk
of a
global crisis.
«Our government has been consistently clear that we must remain focused as our economy emerges from the effects
of the great
global recession,» Sousa said in a statement.
Matthew Strauss, vice-president
of portfolio management with Toronto's Signature
Global Advisors, adds that, since the
recession, the focus has changed from buying export - focused companies to businesses that sell to the domestic consumer.
He earned these accolades by guiding the country through the worst
of the
recession, building a reputation as an expert on complex financial reform, and snagging the top spot at the Financial Stability Board, an international body crafting new policies for
global finance.
If all you were looking at was the effect
of the
global meltdown
of world trade on Canada's net exports, you'd have a very hard time explaining just how Canada went into
recession last quarter.
That said, while I believe
global growth will remain below trend, the evidence suggests that the
global economy is not on the cusp
of another
recession.
While the latest census figures confirm that Canada fared well during the
global recession, the picture
of household financial health is far from complete
If the short run concern
of those gathered in Davos is how the world will deal with the next
recession when it comes, the long run one has to be the declining appeal
of democratic
global values.
Canadian energy company shares are trading at levels not seen since the depths
of the 2008 crisis, levels that can only be justified if the
global economy falls into another
recession and oil prices drop by half.
The WEO concludes «that there is now a 1 in 6 chance
of global growth falling below 2 percent, which would be consistent with a
recession in advanced economies, and low growth in emerging market and developing economies.»
Figuring out ways to regulate trading by sophisticated investors in derivatives, which go by exotic names such as «currency forwards» and «credit default swaps,» is a hot topic in international policy circles, largely because failures on this murky side
of the market are blamed for the 2008
global credit meltdown and the
recession that followed.
Is the trade slowdown a warning
of another
global recession?
This is a substantial increase in the probabilities
of a
global recession since July.
Posted by Nick Falvo under Bank
of Canada, banks, China, Conservative government, economic crisis, economic growth, employment, exchange rates, financial markets, GDP,
global crisis, interest rates, international trade, labour market, macroeconomics, manufacturing, monetary policy,
recession, Role
of government, unemployment, US.
The fact is the
global economy has never recovered from the 2008 - 2009
recession and, as predicted by the IMF, is now entering a period
of «mediocre» or «stagnant» growth.
Global economic forces — the sharp movement of commodity prices; the Great Recession and the lacklustre global economy in its aftermath; and, for much of the past decade, a strong Canadian dollar — battered many of our export industries and splintered their supply c
Global economic forces — the sharp movement
of commodity prices; the Great
Recession and the lacklustre
global economy in its aftermath; and, for much of the past decade, a strong Canadian dollar — battered many of our export industries and splintered their supply c
global economy in its aftermath; and, for much
of the past decade, a strong Canadian dollar — battered many
of our export industries and splintered their supply chains.
At the same time, some two out
of three asset managers reckon a Chinese
recession is the number one «tail risk» to
global markets.
Edwards added that he believes the
recession is now here (hence his «ultimate» adjective), «just as it was in the fall
of 2011 until
global coordinated easing injected trillions and masked its impact, and will manifest itself unless the
global central banks step up far more aggressively and tune out reality once again.»