From Around The World
Recession Knocks On Europe’s Door
Forbes – NY,USA
And even though inflation is still well above target in the euro zone, prompting fears of stagflation, the looming specter of recession may start to win the …
Japan heads towards recession as GDP shrinks
Times Online – UK
Japan stands on the brink of its first recession in six years as falling exports, investment and consumer spending combined to contract the world’s second …
Strong Chance Of Recession
Sky News – Isleworth,England,UK
The Bank’s quarterly inflation report revealed that Britain faces a strong chance of recession this winter. But it also predicted that the rate of inflation …
Recession News In The U.S.
Survey: Small business optimism at recession level
Bizjournals.com – Charlotte,NC,USA
The National Federation of Independent Business’ monthly Index of Small Business Optimism dropped 1 point to a recession level of 88.2 in July. …
More Positive Press On Recession
US may not be in recession, but 170 metro areas could be
Modesto Bee – Modesto,CA,USA
By KEVIN G. HALL , McClatchy Newspapers The broad US economy appears to have escaped a recession, most mainstream economists say, but that’s of no comfort …