ft.com - 11/17/2008
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The Japanese economy has entered its first recession in seven years, data showed on Monday. Gross domestic product shrank 0.1 per cent in the three months to September 30 from the previous quarter, following a quarterly decline of 0.9 per cent in the second quarter. The third-quarter decline was ...
bloomberg.com - 11/13/2008
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bloomberg.com —
Nov. 13 (Bloomberg) -- The German economy, Europe's
largest, contracted more than economists expected in the third...
quarter, pushing the nation into the worst recession in at least 12 years. Gross domestic product dropped a seasonally adjusted 0.5 ...
(more)
German Economy Enters Worst Recession in 12 Years (Update4)
italyeconomicinfo.blogspot.com - 11/17/2008
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italyeconomicinfo.blogspot.com —
Italy, which is still the eurozone's third biggest
economy, slipped into a recession in the third quarter....
The Italian economy fell into what is now its fourth recession in less than a decade as gross domestic product shrank 0.5 percent from its level ...
(more)
As Italy Enters It's Fourth Recession Since 2000, Who ...
bloomberg.com - 11/20/2008
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bloomberg.com —
Bloomberg Bloomberg Anywhere Updated: New York , Nov
21 03:16 London , Nov 21 08:16 Tokyo ,...
Nov 21 17:16 Search Symbol Lookup Home News Market Data Investment Tools TV and Radio Feedback News Exclusive Worldwide Regions Africa Asia Australia & New ...
(more)
Japan
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China’s big-spending plans, Japan’s recession
FT Alphaville —
So now it’s official, Japan has slid into recession , while China is spending itself silly — or at least, it’s trying to look as though it is, with numbers ...
CDS report: G20 fails to sooth sentiment
FT Alphaville —
... provided no balm for bruised credit investor sentiment. Meanwhile, bankers at Citi and JP Morgan braced themselves for a further swing of the axe, and Japan and Hong Kong officially entered recession . Mehernosh Engineer, senior credit strategist at BNP Paribas told FT Alphaville this morning: The G20 didn’t do much. There were a few statements but that was about it. Nothing concrete has come out of it, no guidance or anything of that sort - it is very disappointing. The benchmark Markit iTraxx Europe index of five year CDS written on investment-grade corporate debt widened ...
The Week That Was November 17 – 23, 2008
The Big Picture —
... that are central to the current crisis. … the probability of a hefty fiscal stimulus package … is growing every day.”
Economic reports in other parts of the world were equally dismal.
Japan entered into its first recession in seven years as the financial crisis curbed demand for its exports. GDP growth contracted by 0.1% during the third quarter, or at an annualized rate of -0.4%, following a second quarter contraction of a massive 0.9%.
Source: Financial Times, November 17, 2008.
China also warned that the unemployment outlook was ...
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Japan - The Recession is Here
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It has been a while since I last had Japan under the spotlight where and where I noted that Japan almost certainly would be tumbling into or very close to recession. Since then, data have been pointing only one way really ...
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Is This A Crisis Or Just A Recession?
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One World Recession, Ready or Not
baselinescenario.com 12/22/2008 — The usual grounds for optimism these days is the fact that the Obama Administration is clearly going to propose a big fiscal package with two components: a large conventional stimulus (spending plus tax cuts); and a big housing refinance scheme, in ...
FT.com / Asia-Pacific - Japan emerges from recession
ft.com 8/17/2009 — Japan has climbed out of recession after the economy returned to growth in the second quarter, raising hopes that the worst of the financial crisis is over in the world’s second-largest economy. Data released on Monday showed that gross domestic ...
The Government's Recession Versus Your Recession
247wallst.com 12/1/2008 —
As if you did not notice, the US economy is in a recession. We have been maintaining that for just about the whole of 2008. Now today we have the official data from the National Bureau of Economic Research. The NBER said its ...
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