Sentences with phrase «worldwide economic downturn»

He said the current recession was as a result of cumulative effects of worldwide economic downturn and failure in the past to plan and save for difficult times.
The reason is because their wealth is threatened big time given worldwide economic downturn / depression thus the desire to loot our country.
Low natural gas prices, combined with changes in the provincial tax regime, probably deserve as much credit as the worldwide economic downturn for the carnage that has subsequently ensued, with at least 40 B.C. resort and condo developments in creditor protection or receivership, according to Jurock.
In late 2002 and early 2003, the global organization — recently spun off from Bass Group — faced bloated overhead costs in the competitive hotel industry, experienced a decline in business and vacation travel because of the worldwide economic downturn and the spread of severe acute respiratory syndrome (SARS), underwent a brand name change (from Six Continents), and battled a hostile takeover attempt by British entrepreneur Hugh Osmond.
NEW DELHI — Joining a global trend, India is giving science a boost in the face of the worldwide economic downturn.
The company has benefited from robust consumer spending in China despite the worldwide economic downturn.
Europe has also seen a general decline in emissions despite continued economic growth, and a small drop in global emissions in 2015 was the first that did not coincide with a worldwide economic downturn (see «Have Global CO2 Emissions Peaked?»).
Even in the face of a worldwide economic downturn, the global wind industry posted another record year in 2009 as cumulative installed wind power capacity grew to 158,000 megawatts.
Given the worldwide economic downturn, we are clearly entering a sustained period of minimalism, both by necessity and most likely social pressure.
She notes, however, that the worldwide economic downturn has cut interest among the German and Japanese investors who once bought multifamily properties in her area.
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