Sentences with phrase «own global recession»

As Finance Minister, Flaherty steered the Canadian economy through a global recession with determination.

When we bought our first plane, air travel was considered very expensive, extremely frustrating and awfully dull; more recently, the banking sector has been held responsible for the financial crisis and global recession, so we used our reputation to instil some trust and, as Virgin Money's slogan says, «Make everyone better off.»

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.

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.

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.

Obviously, if there is another global recession, or depression, there will be a negative impact.

But in the wake of the global recession, prices in most other countries have fallen back to earth.

Its big opportunity came in 2008, when the global recession hit.

Sales had been sliding for several years before plunging off a precipice as the financial crisis deepened into a global recession in 2009.

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.

Importantly, while that was taking place the last time we saw volatility spike like that, you know, we were facing recession — global recession.

Canada «We believe that a globally coordinated easing starting in Europe, followed by the U.S. and China can postpone a global recession and the Chinese real estate crisis.

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 %.

The Tories take considerable credit for steering Canada through a global recession, and deservedly so.

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).

As the merger proposal sees things, the global recession and its aftermath have poisoned the political attitude toward unions.

Next year is looking bleak for the economy, and many forecasters predict a deepening global recession.

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.

Talented entrepreneurs will pivot their way through everything from global recessions to competitive onslaughts.

Looking ahead to 2016, the big risk to U.S. stocks remains an emerging market - induced global recession.

To avoid a global recession, Trump will need to make streamlining regulations a top priority.

And that's why Krugman predicted a global 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.

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.

Last year, Citi's chief economist, Willem Buiter, suggested that throwing up tariffs could lead to retaliation from other countries (a trade war) and «could easily trigger a global recession.»

The recent increase was entirely due to the global recession.

He has agreed with many mainstream economists who believe trade wars could trigger a global recession.

«We are still concerned about another global 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 BoE also said it was not clear if the banking system could cope easily with a disorderly Brexit if it came at the same time as a severe global recession and further substantial fines for financial misconduct.

«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.

«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.

However, Fitch noted that while near - term budget goals have been exceeded, full fiscal recovery following the global recession «remains several years away.»

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.

When disaster struck the world economy, our Government's decisive and pragmatic leadership navigated Canada through the worst global recession in a generation.

While the latest census figures confirm that Canada fared well during the global recession, the picture of household financial health is far from complete

We will provide the steady hand needed to keep protecting and creating jobs and to complete our recovery from the global recession.

Before Trump's election, economists warned that his victory could herald a major stock market correction and global recession, but neither event has materialized.

If the monetary authorities in China and India continue to hike interest rates at the pace they have set recently, the next global recession may not be that far off.

Is the trade slowdown a warning of another global recession?

This is a substantial increase in the probabilities of a global recession since July.

There is only a «New Normal» economy at best and a global recession at worst to look forward to, PIMCO Chairman Bill Gross writes in his monthly commentary for October.

A failure for DB, with its massive, multi-trillion dollars worth of derivatives exposure, would virtually guarantee a financial crisis and global recession.

It was a world characterised by massive swings in our terms of trade, and a very serious international financial crisis followed by a deep global recession, not to mention the effects of the adoption of «non-conventional» policies in the major jurisdictions.

We were better prepared for and have recovered well from the global recession of 2008/2009.

«There is only a «New Normal» economy at best and a global recession at worst to look forward to in future years,» he says.