Great Recession
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Stock Market Crash Worse Than 2008 Crisis Coming In 2025, Warns Top US Economist
Harry Dent cautioned that the "everything" bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
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Will The Next Recession Be Worse Than 'Great Financial Crisis'?
Recessions, like unhappy families, are each painful in their own way. And the next one -- which economists see as increasingly possible by the end of next year -- will probably bear that out. A US downturn may well be modest, but it might also be long.
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Full Economic Recovery Uncertain In US; Unemployment Plagues Labor Market
The Labor Department's employment report on Friday will underscore the challenges the next US President confronts to keep the economy growing as it continues to heal from the deepest recession ever since the Great Depression.
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IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy
IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.
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While U.S. Economy Slides, The Country's Auto Dealers Cry Out For More Trucks
The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession of 2007-2009 because of lockdown measures aimed at slowing the spread of the coronavirus. Economists warn the second quarter will be much worse.
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COVID-19: Estimates Suggest Global Downturn Deeper Than Great Recession, Says World Bank
The World Bank has so far financed COVID-19 programmes in 64 developing countries and will have 100 countries underway by the end of April.
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World Faces Worst Economic Fallout Since Great Depression, Says IMF Chief
Even in the best case the IMF expects only a "partial recovery" next year, assuming the virus fades later this year
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Salary Growth Of 0.2% In India Since 2008: Report
India recorded a salary growth of just 0.2 per cent since the great recession eight years ago, while China was at 10.6 per cent - the largest real salary growth rate, says a report by the Hay Group division of Korn Ferry.
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In Business Start-Ups, Rural America Is Falling Behind
Americans in small towns and rural communities are dramatically less likely to start new businesses than they have been in the past, an unprecedented trend that jeopardizes the economic future of vast swaths of the country.
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Despite Global Recession, Economy Doing Great: Arun Jaitley
Notwithstanding global recession, India's economic situation is by far the best in the world and the country has the potential to do even better, Finance Minister Arun Jaitley told the Lok Sabha on Thursday.
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Write-Downs May Be Remedy To Growth Slowdown: RBI Governor
Reserve Bank of India Governor Raghuram Rajan on Saturday said structural reforms can help achieve potential growth, suggesting that write-downs may be a remedy to growth slowdown.
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International Monetary Fund Paper Counters Raghuram Rajan on Easy Policy Being Recipe for Crisis
With Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an International Monetary Fund (IMF) research paper has countered his views.
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Fed Signals It May Increase Interest Rates by Midyear
The Federal Reserve signaled Wednesday that it would consider raising its benchmark interest rate at its June meeting, the first increase since the Great Recession, but the central bank emphasized that it might still delay the decision until later this year.
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Indian-Americans Fared Better Than Others During Recession: US Report
Like other Americans, Asian Americans and Pacific Islanders (AAPI) including Indian-Americans were hit hard by the Great Recession, but they fared better than any other racial group, according to a new report.
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Asian Economies to Struggle on Weak Export Demand: Reuters Poll
China and India have been stung by the West's slow recovery from the Great Recession and, adding to the problem, both countries have struggled to implement reforms at home to boost productivity and consumer spending.
-
Stock Market Crash Worse Than 2008 Crisis Coming In 2025, Warns Top US Economist
Harry Dent cautioned that the "everything" bubble has still yet to burst, and it may be a bigger crash than the Great Recession.
-
Will The Next Recession Be Worse Than 'Great Financial Crisis'?
Recessions, like unhappy families, are each painful in their own way. And the next one -- which economists see as increasingly possible by the end of next year -- will probably bear that out. A US downturn may well be modest, but it might also be long.
-
Full Economic Recovery Uncertain In US; Unemployment Plagues Labor Market
The Labor Department's employment report on Friday will underscore the challenges the next US President confronts to keep the economy growing as it continues to heal from the deepest recession ever since the Great Depression.
-
IMF Predicts Significantly Deeper Recession For Virus-Hit Global Economy
IMF chief economist Gita Gopinath said that the cumulative loss for the world economy this year and next as a result of the recession is expected to reach $12.5 trillion.
-
While U.S. Economy Slides, The Country's Auto Dealers Cry Out For More Trucks
The U.S. economy contracted in the first quarter at its sharpest pace since the Great Recession of 2007-2009 because of lockdown measures aimed at slowing the spread of the coronavirus. Economists warn the second quarter will be much worse.
-
COVID-19: Estimates Suggest Global Downturn Deeper Than Great Recession, Says World Bank
The World Bank has so far financed COVID-19 programmes in 64 developing countries and will have 100 countries underway by the end of April.
-
World Faces Worst Economic Fallout Since Great Depression, Says IMF Chief
Even in the best case the IMF expects only a "partial recovery" next year, assuming the virus fades later this year
-
Salary Growth Of 0.2% In India Since 2008: Report
India recorded a salary growth of just 0.2 per cent since the great recession eight years ago, while China was at 10.6 per cent - the largest real salary growth rate, says a report by the Hay Group division of Korn Ferry.
-
In Business Start-Ups, Rural America Is Falling Behind
Americans in small towns and rural communities are dramatically less likely to start new businesses than they have been in the past, an unprecedented trend that jeopardizes the economic future of vast swaths of the country.
-
Despite Global Recession, Economy Doing Great: Arun Jaitley
Notwithstanding global recession, India's economic situation is by far the best in the world and the country has the potential to do even better, Finance Minister Arun Jaitley told the Lok Sabha on Thursday.
-
Write-Downs May Be Remedy To Growth Slowdown: RBI Governor
Reserve Bank of India Governor Raghuram Rajan on Saturday said structural reforms can help achieve potential growth, suggesting that write-downs may be a remedy to growth slowdown.
-
International Monetary Fund Paper Counters Raghuram Rajan on Easy Policy Being Recipe for Crisis
With Raghuram Rajan ringing alarm bells about the world economy facing the Great Depression-like problems, an International Monetary Fund (IMF) research paper has countered his views.
-
Fed Signals It May Increase Interest Rates by Midyear
The Federal Reserve signaled Wednesday that it would consider raising its benchmark interest rate at its June meeting, the first increase since the Great Recession, but the central bank emphasized that it might still delay the decision until later this year.
-
Indian-Americans Fared Better Than Others During Recession: US Report
Like other Americans, Asian Americans and Pacific Islanders (AAPI) including Indian-Americans were hit hard by the Great Recession, but they fared better than any other racial group, according to a new report.
-
Asian Economies to Struggle on Weak Export Demand: Reuters Poll
China and India have been stung by the West's slow recovery from the Great Recession and, adding to the problem, both countries have struggled to implement reforms at home to boost productivity and consumer spending.
