Topic: Global Insight Inc.
Europe's deepest recession since World War II should officially come to an end on Friday when the European Union publishes figures universally expected to show a collective return to growth.Data particularly focused on the 16 countries that use the euro currency -- ...
Dire Latvian economic data have sparked fresh concern about the country's ability to avert economic collapse without more international help and deeper budget cuts. "Outright default may only be averted if the International Monetary Fund (IMF) and EU maintain support," IHS Global ...
The Bank of England shocked the country today by slashing 1.5 percentage points off interest rates today - the largest cut it has made since it was granted independence in 1997 - as it tries to ward off a deep recession. The ...
The European Central Bank and its counterparts in Britain, Switzerland and the Czech Republic made a series of interest rate cuts on Thursday, some deeper and more surprising than others. Britain's economy will contract by 1.5% in 2009, and the euro zone ...
THE Bank of England was today asked to slash interest rates after a key part of the economy sank deeper into recession.. The call from City analysts came as activity in the services sector, accounting for nearly three quarters of output, fell ...
Surviving the Storm When conditions are dire and people are losing their nerve, Traxis Partners hedge fund manager Barton Biggs pulls out a chart of the London Stock Market's performance during World War II. The fever line plunges as the German army ...
The economy experienced zero growth in the second quarter compared to the first three months of 2008, the Office for National Statistics confirmed on Tuesday.The 0.0-percent quarterly growth rate was the weakest performance for 16 years and was unchanged from the previous ...
A study commissioned by the U.S. Conference of Mayors and the Council for the New American City released Tuesday says that over the coming year the property value of U.S. homes will plummet $1.2 trillion, and at least 1.4 million homeowners will ...