Posts Tagged ‘Recession’

Washington, Dec 6 (DPA) President George W. Bush Friday said he was concerned about the more than 500,000 US jobs lost in November as the economic recession deepens, and insisted his administration was helping ease the credit crisis at the heart of the economic downturn.... Full story

London, Dec 3 (ANI): Besides people’s lives, the global credit crunch has left a mark on this year’s Christmas greetings too— cards wishing people a “Great Depression” are flying off the shelves in Britain. ... Full story

New York, Dec 2 (IANS) The benchmark Dow Jones plumbed to 680 points Monday - one of the worst days ever - as the National Bureau of Economic Research declared that recession in the US began in December of the last year.... Full story

Global recession has not affected us said Katsumi Takata, Joint Managing Director of Japanese two-wheeler giant Suzuki during the launch of their super bike Hayabusa in New Delhi on Wednesday.   “May be recession is starting, may be from the last ... Full story

The Ship-breaking industry in Gujarat foresees sunny days ahead, provided banks fund ship-breakers to acquire the large number of old ships that are being offered for demolition worldwide, a member of the industry said here. Such a move during the current ... Full story

The global financial crisis will severely affect the US manned mission to the Moon and then to the red plant Mars, says Jerry Linenger, a renowned astronaut of American space agency NASA, while lauding India's growing role in space. "It will affect the space programmes. The ... Full story

Global economic crisis has evoked mixed response from the Indian companies.   Though the slump is felt in India and the heat has impacted various sectors, still many entrepreneurs have expressed optimism about overcoming the current recession.... Full story

Taipei, Nov 10 (DPA) More than 7,000 small and medium enterprises (SMEs)have shut down in Taiwan in the past two years due to recession, a government agency said Monday. "At the end of 2006, there were 1.23 million SMEs enterprises ... Full story