Topic: Recessions And Depressions

President Barack Obama's top economic advisor insisted Wednesday the administration's "unprecedented" policies had averted a second Great Depression, as she prepared to leave the White House. Christina Romer used her final speech as chair of the White House Council of Economic Advisors ...

Chinese manufacturing rebounds in August

Manufacturing in China rebounded in August, surveys showed Wednesday, easing concerns the economy was heading for a sharp slowdown in the second half of 2010. The turnaround was underpinned by domestic orders, but analysts warned that demand in the United States and ...

Pakistan troops on 'war footing' to save city

Pakistani troops and workers were on a "war footing" Sunday as they battled to save the deserted southern city of Thatta after most of the population of 300,000 fled the advancing flood waters. Torrential monsoon rains have triggered massive floods that have ...

German economy posts strong growth, data

The German economy grew by 2.2 percent in the second quarter from the previous three-month period, final figures showed Tuesday and could expand by a record 3.4 percent for the full year, a business federation has forecast. The national statistics office confirmed ...
People will return to vacation in this area and purchase condos again Greetings from Destin, Florida... Ground Zero for the Double Whammy. I'm talking about the one-two punch of: The thing you have to realize is, both of these issues will go ...

Work still needed to repair economic damage: Obama

US President Barack Obama admitted Thursday the progress he had wrought in turning around the economy was not yet sufficient to repair the "enormous damage" of the worst recession in decades. But Obama argued in Michigan, on his latest trip to highlight ...

China economy slows, still in Beijing's comfort zone

BEIJING (Reuters) - China's economy cooled in the second quarter, a slowdown that is likely to extend over the rest of the year as Beijing steers monetary and fiscal policy back to normal after a record credit surge to counter the global ...

Ex-doorman: Fear ruled the Strip

With so many Nevadans terrified of becoming part of the highest unemployment rate in the nation, the rumbling among the rank and file at some Las Vegas resorts is that management by intimidation is running rampant in the Great Recession.But in his ...
New Zealand's annual current account deficit fell to its lowest level for two decades in the year to March due to the impact of the global economic slowdown, official figures showed Wednesday. The current account deficit -- a measure of trade and ...
North American stocks gave back gains Monday as enthusiasm for China currency policy fadedToday on Stockhouse Your opinion matters. Submit an article to Stockhouse today at submissions@stockhouse.com. Submission guidelines can be found here. Peter Krauth of Money Morning offers two ways to ...
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