(CEP News) Frankfurt - Ahead of Eurostat’s first euro zone inflation estimate release scheduled for Tuesday, economists say that consumer price growth in the euro zone likely slowed further in December to a level below 2% due to falling energy prices and an economic downturn.
Read All »
Posted by shina on January 5th, 2009 :: Filed under
EuropeTags ::
Cep,
Economic Downturn,
Economists,
Energy Prices,
Euro Zone,
Eurostat,
Frankfurt,
Inflation
The recession in the UK economy in the three months to September was worse than previously thought, as official data showing Gross Domestic Product shrank 0.6% between second and third quarter underlined the speed of the downturn
Read All »
Posted by shina on December 26th, 2008 :: Filed under
Forex,
NewsTags ::
Economic Downturn,
Economic Recession,
Gross Domestic Product,
Three Months,
Uk Economy
The recession in the UK economy in the three months to September was worse than previously thought, as official data showing Gross Domestic Product shrank 0.6% between second and third quarter underlined the speed of the downturn
Read All »
Posted by shina on December 26th, 2008 :: Filed under
Business,
Market,
NewsTags ::
Economic Downturn,
Economic Recession,
Gross Domestic Product,
Speed Read,
Three Months,
Uk Economy
Internet shopping is succumbing to the economic downturn, calling time on several years of rapid growth and clouding one of few bright spots in the gloomy retail sector
Read All »
Posted by shina on December 8th, 2008 :: Filed under
Business,
Economic,
Finance,
NewsTags ::
Economic Downturn,
Internet Shopping,
Online Shopping,
Rapid Growth,
Retail Sector
Internet shopping is succumbing to the economic downturn, calling time on several years of rapid growth and clouding one of few bright spots in the gloomy retail sector
Read All »
Posted by shina on December 8th, 2008 :: Filed under
Business,
Economic,
Finance,
NewsTags ::
Economic Downturn,
Internet Shopping,
Online Shopping,
Rapid Growth,
Retail Sector
Standard Chartered is planning a $3bn rights issue to boost the emerging markets bank’s capital reserves and ease investors’ concerns about its ability to weather a severe economic downturn
Read All »
Posted by shina on November 24th, 2008 :: Filed under
Business,
Market,
NewsTags ::
Capital Reserves,
Economic Downturn,
Emerging Markets,
Investors,
Standard Chartered
Standard Chartered is planning a $3bn rights issue to boost the emerging markets bank’s capital reserves and ease investors’ concerns about its ability to weather a severe economic downturn
Read All »
Posted by shina on November 23rd, 2008 :: Filed under
Business,
Market,
NewsTags ::
Capital Reserves,
Economic Downturn,
Emerging Markets,
Investors,
Standard Chartered
(CEP News) Ottawa - New car dealers in Canada are asking the federal government to ensure that they have access to the financing they need during the current economic downturn.
Read All »
Posted by shina on November 21st, 2008 :: Filed under
CanadaTags ::
Canadian Car,
Canadian Government,
Car Canada,
Cep,
Economic Downturn,
Federal Government,
Liquidity,
New Car Dealers,
News Canada,
Ottawa Canada
(CEP News) Ottawa - Canada’s computer and electronics manufacturing industry won’t be able to escape the effects of the economic downturn despite showing resilience in 2008 and will see profits slump to a five-year low in 2009, says a new Conference Board of Canada report.
Read All »
Posted by shina on November 21st, 2008 :: Filed under
CanadaTags ::
Canada Computer,
Canada Report,
Canadian Computer,
Canadian Electronics,
Cep,
Computer Electronics,
Computer Industry,
Computer Manufacturing,
Conference Board Of Canada,
Economic Downturn,
Electronics Industry,
Electronics Manufacturing,
Manufacturing Industry,
Ottawa Canada,
Profits,
Resilience
(CEP News) Ottawa - Canada’s computer and electronics manufacturing industry won’t be able to escape the effects of the economic downturn despite showing resilience in 2008 and will see profits slump to a five-year low in 2009, says a new Conference Board of Canada report.
Read All »
Posted by shina on November 21st, 2008 :: Filed under
CanadaTags ::
Canada Computer,
Canada Report,
Canadian Computer,
Canadian Electronics,
Cep,
Computer Electronics,
Computer Industry,
Computer Manufacturing,
Conference Board Of Canada,
Economic Downturn,
Electronics Industry,
Electronics Manufacturing,
Manufacturing Industry,
Ottawa Canada,
Profits,
Resilience
(CEP News) - Japan’s unexpected trade deficit for October, with exports down 7.7% year over year, further confirmed the global meltdown’s effect on the world’s second largest economy. What is most striking, economists say, is the decline in exports to their Asian trading partners, marking a new phase in Japan’s economic downturn.
Read All »
Posted by shina on November 19th, 2008 :: Filed under
AsiaTags ::
Asia News,
Cep,
Decline,
Economic Downturn,
Economists,
Global Meltdown,
Japan Economic,
Japan Trade,
News Japan,
Slowdown,
Slump,
Surprise,
Trade Deficit,
Trading Partners,
World Economy
(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.
Read All »
Posted by shina on November 19th, 2008 :: Filed under
CanadaTags ::
Budgetary Deficit,
Canadian Government,
Cep,
Economic Downturn,
Government Canada,
Government Of Canada,
News Canada,
Ottawa Canada
(CEP News) Ottawa - The government of Canada conceded Wednesday that it will probably have to run a budgetary deficit to help it get through the current global economic downturn.
Read All »
Posted by shina on November 19th, 2008 :: Filed under
CanadaTags ::
Budgetary Deficit,
Economic Downturn,
Government Of Canada
(CEP News) Ottawa - Canada is coping better than many other countries around the world with the global economic downturn, but still faces a period of sluggish growth from now through the first half of 2009, says Paul Jenkins, senior deputy governor of the Bank of Canada.
Read All »
Posted by shina on November 17th, 2008 :: Filed under
BOC,
Central Banks,
EconomicTags ::
Bank Of Canada,
BOC,
Canadian Economy,
Cep,
Countries Around The World,
Deputy Governor,
Economic Downturn,
Ottawa Canada,
Paul Jenkins,
Sluggish Growth
(CEP News) - Speaking at the City Club of Cleveland on Friday, Cleveland Fed President Sandra Pianalto (voter) said the current economic downturn is more serious that she had expected.
Read All »
Posted by shina on November 14th, 2008 :: Filed under
USATags ::
Cep,
Cleveland Fed,
Current,
Economic Downturn,
Fed President,
Sandra Pianalto
(CEP News) - Following a study released last week that showed executives considered Canadian banks to be the “soundest” in the world, Standard & Poor’s has concluded that Canada’s top six banks have healthy capital positions and are “well positioned” to weather the economic downturn.
Read All »
Posted by shina on October 17th, 2008 :: Filed under
CanadaTags ::
Amp,
Canada Banks,
Canadian Banks,
Capital Positions,
Cep,
Economic Downturn,
Weather
Wall Street stocks resumed their punishing decline after more gloomy data from the housing sector illustrated the severity of the economic downturn, although relatively upbeat earnings elsewhere helped the market pare early losses
Read All »
Posted by shina on October 17th, 2008 :: Filed under
Business,
Market,
NewsTags ::
Decline,
Earnings,
Economic Downturn,
Losses,
Severity,
Wall Street,
Wall Street Stocks
The Swiss banks’ results show signs of how the economic downturn has affected the banking sector as trading conditions in September were described as ‘exceptionally adverse’
Read All »
Posted by shina on October 16th, 2008 :: Filed under
Finance,
NewsTags ::
Banking Sector,
Credit Suisse,
Economic Downturn,
Signs,
Swiss Banks,
Ubs
(CEP News) Ottawa - The U.S. recession and turmoil in global financial markets will hold back Canada’s economic growth in 2009, according to a report released Thursday by TD economist Pascal Gauthier.
Read All »
Posted by shina on October 16th, 2008 :: Filed under
CanadaTags ::
Canada News,
Cep,
Economic Downturn,
Economic Growth,
Economist,
Global Financial Markets,
Global Markets,
Ottawa,
Pascal Gauthier,
Recession,
Regions Of Canada,
Turmoil
While business leaders welcome the bank rescue package and cut in interest rates, there is little sense that the crisis is over as a sharp economic downturn is still at risk
Read All »
Posted by shina on October 8th, 2008 :: Filed under
Business,
Economic,
Finance,
NewsTags ::
Business Leaders,
Deep Freeze,
Economic Downturn,
Fridge,
Interest Rates,
Risk
