Sentences with phrase «weakened economy pushed»

Not exact matches

But economists worry that the commodity mess reflects a weakening global economy, lowering the value of trade worldwide and perhaps even pushing some countries into the same kind of deflationary spiral that has hampered the Japanese economy for decades.

The indirect effects are larger, though, because the currencies of America's two largest export markets — Mexico and Canada — tend to weaken when the Chinese economy slows and pushes global commodity prices lower.

Another part of the story is likely to be that with a stronger world economy, some of the international forces pushing prices down are now starting to weaken.

The Greek government, elected early this year on a platform of ending years of austerity imposed by Germany and other lenders, is pushing back against further pension cuts and higher taxes, saying they would further weaken an already crippled economy.