Economic Recession

What is a recession? Economic Recession is a financial meltdown, which can last for a period of few months to couple of years and can affect regional or world economy, leading to financial crisis, market crash, unemployment and economic depression. A long lasting impact of economic recession can lead to economic depression. This section provides articles and news on subprime mortgage crisis, credit crunch, current economic crisis, stock market crash, financial bailout, major causes of economic recession, signs of economic depression, US economic recession history, and recession cycle.
Articles

Second Wave of the Housing Crisis
If you thought that you were in the recovery phase of the massive housing loan crisis that had engulfed the entire world in its aftermath, the worse is yet to come. The predicted second wave of the housing crisis is supposed to be meaner and uglier, say analysts. If the second wave of the housing crisis does hit us, as predicted by many, we can just hope that it will not fit in, with the ominous 'worst is yet to come' prediction.

H-1B Visa Program Spirals Downwards
Applications for H-1B visas were at an all time low, this year, leading to an uncertainty about the end of the worst recession that has ever hit the U.S.

Recession Declared Officially Over, Unemployment Still Rising
The National Association for Business Economics declared the recession over, but lagging spending and rising unemployment are hindering recovery.

Consumer Sentiment Rises More than Expected
In another sign that the recession is easing, U.S. consumer sentiment rose to its highest level since the recession began.

Recession Fighting Back in July, New Recovery Concerns for Economy
Consumer spending fell and new jobless claims rose unexpectedly in the month of July, reinforcing worries about just how fast the economy can recover from the recession.

Leading Indicator Shows Recession May Soon End
United States manufacturing slowed at its slowest pace in nearly a year and production was at its highest level in two years.

Large Swath of the Country Left Untouched by Recession
A group of counties in the central part of the United States has largely escaped the recession, but falling agriculture and energy prices is changing that quickly.

Recession Blues are Bad for Your Health
The down economy and financial fears are causing people to take chances with their health.

Obama Doesn't Blame Bush for Current Economic Crisis
President Barack Obama pointed to decades of mismanagement and missed opportunities as the underlying reasons why the current financial crisis occurred.

Economic Recession - What Happens During a Recession
With major firms throughout the world resorting to cost cutting, thousands of individuals have lost their jobs due to the economic recession. Here is an attempt to analyze what happens during a recession.

Benefits of Economic Recession
An economic recession refers to a slow down of commercial activities over a prolonged period of time. Though this time is commonly associated with a drastic drop in the Gross Domestic Product, it is also a phase that witnesses budgets and essential capacity-utilization swinging into action...

Economic Recession and Depression - Definition and Difference
Economic recession refers to a slump in the economic activity for two or more consecutive quarters. Although there is a decline in the economic growth even during economic depression, this decrease is much more severe than it is in case of economic recession. Though closely related, these two phenomena are distinctly different. Read on to know about the definition and difference between economic recession and depression.

Recession May be Coming to a Close, But Rough Waters Ahead
While some economic indicators point to a recovery, higher unemployment numbers are expected and fears of inflation, always present as the economy pulls itself out of a recession, are back in full force.

US Economic Crisis: Impact on Automobile Industry
Even as the U.S. economy perforates slowly, the impact is most reflected on the automobile industry. The sale of cars has plumaged to an all time low, spelling scope for international competition to step up and claim profit from the damage...

Public Backlash Growing Over AIG Bonuses for Executives
AIG executives were recently paid $165 Million in bonuses, most of which to the same Financial Products division that drove the company into record losses.

How to Survive an Economic Depression
An economic collapse can occur at any time and in any region of the world. This evil is a part and parcel of the arena dealing with trade and commerce. It affects the home front and business adversely, in the absence of a management plan...

History of Economic Recession in Japan
Japan has battled economic recession due to a number of influences. The low inflation and unemployment faced by the nation has been part of world-wide recession. The history of recession in Japan is studied extensively because of the great resilience shown by the nation, to bounce right back and counterclaims...

Obama to Address Nation on Economic Crisis
In a speech from the House of Representatives during prime time, President Barack Obama will explain his plans to turn the economy around and make certain that America understands this isn't his fault.

Pay Freezes Abound, from Federal Government to Private Companies
Pay freezes, cessation of company contributions to retirement accounts, layoffs and other moves by various companies are intended to cut costs amidst the current recession, and all indications are that more layoffs will occur in the future.

World Markets Plunge as Auto Bailout Collapses
Global markets are retreating today on reaction to the breakdown of the $14 Billion bailout for U.S. automakers that had been passed through the House earlier in the week.

OPEC Cuts Production of Oil to Provide "Floor" for Prices
Amid a U.S. presidential election, a financial crisis and a pending world recession, OPEC is cutting oil production as crude oil prices are falling.

Congress Passes Historic Economic Bailout Plan
Congress today voted in favor of the re(re-) revised plan to rescue the American economy, and President Bush signed it.

Congress Struggles to Revise Bailout Bill
President Bush warns that failure to pass the financial bailout bill will bring about severe consequences for the nation’s economy.

House Vetoes Wall Street Bailout
Wall Street plummeted on Monday as the House vetoed the $700 billion bailout.

Lawmakers Say Deal on Bailout Reached
Representatives from both parties announced today that an agreement had been reached on the proposed government bailout of the U.S. economy.

Can Internet Companies Survive a Recession?
Experts ponder the security of Internet business in a declining economy.

What is a Recession?
Although the term is much in the news these days, yet, there is still confusion about what exactly a recession is. Find out more about it here.

Causes of Economic Recession
When a nation’s calculated gross domestic product is affected negatively on account of a decline in the economic activities, the situation is described as an economic recession.

15% Permanent Unemployment for the USA?
What if we had a LONG term 15% unemployment rate in the United States? This is a scenario that is very plausible according to a recent article in Yahoo Financial News with Business Week.

Has the Scrappage Scheme Worked?
The U.K's economy is showing small signs of recovery due to increased manufacturing output.

Using the Recession as a Business Opportunity
The recession could actually be an opportunity for your business to thrive. Here’s how.

Come Out of Recession with Brad Sugars
Brad Sugars feels that the current situation is the outcome of years of poor planning and our inability to innovate and strategize. And this is why millions of people are bearing the ill-effects of a recession-hit economy.

How to Survive in Economic Crisis
Lost job? Don't know what to do? This article helps you to find the question how to start making money for yourself!

Business Forums Bring out the Best in a Recession
Have you ever wondered what businesses can turn out successful in this period of recession? During these times when there is a dearth of ideas, it is always best to join in business forums to bring out the best in the worst of times. As the saying goes, "A sunset is a sunrise in another part of the world

Economic Stimulus Check? Money to Start a Business in a Recession
There has never been a better time to start a new business! Invest your ecomonic stimulus check and secure your family's financial future. Use the money to start up a business.

Is Your Lifestyle Recession Proof?
The tradition business or way of earning an income tends to become more difficult today especially with the current global crisis. However, there a number of persons, the CarbonCopypro team, who are not affected by whats happening. These persons are implementing the strategies of the 'Business In A Box', the New Business Model, the complete guide to successfully market on the internet.

Georgia Child Support Modifications in a Recession
With the economic recession affecting employee income in Georgia hard, many parents are seeking child support modifications. But how does that effect the children and GA families receiving that support?

Company Registration in UK
In this financial difficulty, you might want to consider company registration UK to set up your own company and be your own boss. There is no job security working outside for other people and you can be retrenched anytime due to the economic slowdown and global recession affecting every country worldwide.

Recession From The Art Of Business War
Short article reviewing the Recession and how it's being handled.

SmartDad On Wealthy Affiliate - Is The WA Members Area The Latest Recession Casualty?
With cash as tight as it could be, shocking news is rippled out from within the WA members area. Kyle calls Carson C-R-A-Z-Y and the bullets start to fly. How can it be that in the WA members area they are still giving out cash4free to it's members? Read on to find more details...

Crisis: Is it Really a Time of Opportunities
The article relates to the current financial crisis and the different things that can be learn from it.

BIG 3
This article is basically about the current financial position of BIG 3. It also includes the necessary steps which might be taken by them to allay bankruptcy.

Blair Urges Us to Act on Climate Change
Former British prime minister calls on America to not put off action on the environment due to the economic recession

Sports Face Massive Drop in Sponsorship As Banks Struggle
All the major sports face a huge cut in sponsorship revenue as the recession bites

Annie Leibovitz Pawns Rights to All Future Work
Rothko and Warhol among works offered as collateral as recession-hit wealthy using art to raise cash

US Papers File for Bankruptcy As Recession Hits Advertising
Philadelphia Inquirer and Daily News placed into protection filing to allow its owners to restructure debts

Weatherwatch
Paul Brown: One of the effects of the recession is that Britain will produce less carbon dioxide to pollute the atmosphere

IMF Emergency Fund is Doubled to $500bn in Global Rescue Effort
The EU's senior leaders agree to an increase in bid to prevent world recession turning into full scale depression

We're a Fast-food Nation Slowly Eating Ourselves to Death
Jay Rayner: McDonald's and KFC are taking advantage of the recession. It's depressing how slowly the government is responding

Can We Dig Our Way Out of the Recession?
Zoe Williams: Allotments are not the panacea the National Trust thinks they are, but nostalgia drives demand

Milking The People, Part Three: Bank Profits First and Foremost
Final article in this three-parter on the Great Recession Hoax. In a nutshell, can be summarized as "why your government acts bonkers."

Milking The People, Part Two: The Plot Thickens….
How government colludes with the banks to ensure the banks profit from the misery they created in the first place.

Milking The People, Part One: Recession’s Latest Twist
The latest twist in the Great Recession Hoax. Government and banks collude….but what exactly are they up to?

I'm Doing My Bit to Get America Out of the Recession - By Going to Every Broadway Show I Can
Joe Queenan: If people don't start buying tickets to the theatre, they won't have any theatre left to go to

Money, Debt and Recession, Tools of Suppression
This is a translation of transmissions between an orbiting survey ship and a relay station positioned somewhere beyond the orbit of Saturn. Subject: survey expedition's analysis of causes of malfunction of Earth's global human community.

Eurozone Recession Worsens at Record Rate
Tone set for cheerless G7 meeting in Rome where finance leaders will focus on global crisis

The Dining Table - Recession-Proof?
In hard economic times, having dinner at home could be your saving grace.

Public Services in a Recession - Does Something Have to Give?
Michael White: After the financial bubble, has Britain also experienced an unsustainable bubble in the public sector?

Is Free Trade the Best Way to Beat Recession?
Larry Elliott: Backlash against globalisation has prompted fears that the world stands on the brink of a new protectionist era

Super Bowl Feels Boot of Global Recession
Ticket prices are down, hotel rooms are still free and even the Playboy bunnies are skipping American football's annual extravaganza

Governments Across Europe Tremble As Angry People Take to the Streets
Effects of global recession on European economies provoke unrest from Budapest to Rejkavik

Japan Heads for Worst Recession Since the Second World War
Sharp increase in unemployment and plummeting industrial output send shock waves through economy

RFU Warns of Job Losses and Cuts As Crunch Puts 2015 Bid in Doubt
Rugby Football Union is feeling the effects of the recession as ticket sales and hospitality for the upcoming Six Nations slump

US Federal Reserve Keeps Interest Rates at Near-zero
The Federal Reserve has pledged to keep interest rates at 'exceptionally low levels,' and use 'all available tools' to jolt the US out of recession, as it warned that the outlook for the world's largest economy has weakened further in recent weeks

Britain Can Build Its Way Out of Recession
It would get tradesmen back to work, bring hope to people searching for a home and renew challenging urban areas, says Peter Hetherington

Simon Hoggart's Week: Down at Heel in Cuba
The true sign of a recession is that you have to book ahead to get into a greasy spoon

Greeks Fear Meltdown and Unrest in Eu's Weakest Economy
With huge public-sector debt and high unemployment, the recession could hit the country very hard

Dark Times: Recession Fears Stalk Milan Catwalk
Sombre reception for menswear collections as designers adopt back to basics approach

The Economy By Andrew Clark
A financial crisis with its roots in the US has spread to engulf much of the world

The Era of the True Art Collector Has Returned
Ian Jack: Thanks to the recession, unintelligible works will no longer be sold for unintelligent prices

Fans Ready to Give Up Season Tickets Amid Recession Fears
Survey finds that one in four supporters may give up their season ticket because of the high cost of attending matches

Rochdale Hornets Face Financial Crisis Ahead of New Season
The Rochdale Hornets face a race against time to start the new season after their shareholders voted to take the club into administration

Dubai Deficit Shock
Government expected to post first ever budget deficit as financial crisis hits home

What Not to Do During a Recession: How a Merchant Loan can Help
During a recession, small business owners often make poor financial decisions within their businesses simply because they are unaware of what not to do during a recession.

Spending is No Remedy for Mental Health Credit Crisis
The impact of the financial crisis on those with mental health problems is likely to be considerable, says Clare Allan

Wenger Says Arsenal Remain Strong Amid Financial Crisis
Arsène Wenger looks to plot a prudent course through tough financial times

Say No to Recession
Our take on the current state of the US economy, and what we as Americans can do to fight the recession.

Mamma Mia! Has the Financial Crisis Really Made Us Poorer Than the Italians?
Just as most of us thought the situation could get no worse, La Stampa declares: 'Italy beats England with the euro'

Electrolux Blames Recession for 3,000 Job Losses
Swedish domestic appliance maker issues profit warning as it sheds 5% of its global workforce

Pound Hits New Low Against Euro
Fears the UK will be one of countries worst affected by global recession pushes sterling to €1.1131

Whats Going with Real Estate and the Global Recession?
First to fall were Fanny Mae and Freddie Mac, the country’s two largest mortgage finance lenders that had bought the loans from the mortgage originators, repackaged them as mortgage-backed securities, and sold them to the global investors.

Recession Will Be Longer and Deeper Than Previously Thought, Says Oecd
Gloomy financial forecasts warn recession could spread to emerging economies of China and India

Recession Could Last Long Into 2010
Economic pain in the industrialized world will be longer and deeper than forecast and could spread to emerging economies such as China and India, the OECD and European commission warn

EU Must Work With Us to Combat Recession, Says Barroso
European Commission president calls for Transatlantic pact on economic crisis. By David Gow

Food Prices Add 40 Million People to Number of Malnournished in Year
Cost of cereals, seeds and fertilizer are blamed, as worldwide recession could tip more people into hunger, UN warns

St Helens Chairman Stays Upbeat
Eamonn McManus says that rugby league is well-placed to weather the effects of the recession

Careless Talk Costs Livelihoods
On the press, Peter Wilby: Has media reporting deepened the present financial crisis?

Make Yourself Recession-Proof - A Quick Strategy to Stay Organized, Sane and in Control
This article is part of a series aimed at keeping us up and running with easy to use tools during the recession. This article has a simple tool aimed at getting more control, saving time and money.

From Berlin to Beijing, Chancellors and Presidents Feel the Strain
Global recession dents prospects for many of the world's leaders trying to contain financial fallout

America Isn't Working: Jobless Total Grows By Most for 34 Years
US economy sheds 533,000 jobs, with worst employment figures since 1974 underlining scale of economic crisis

And There They Go: Is This the End for Formula One?
Honda's withdrawal from grand prix sparks fears of more departures as companies try to withstand recession

Make Yourself Recession-Proof - Save in the Kitchen
This is one article in a series designed to help us all get through the recession as intact as possible. This article focuses on simple 5 minute strategies to save time, money and stress in the kitchen.

Make Yourself Recession-Proof - Batten Down the Hatches
This is one in a series of articles designed to help us all get through this recession. This article focuses on easy to use tools to reduce the anxiety we feel when finances seem out of control.

EU Trio Press Germany for Bigger Contribution to Stimulus Plan
Gordon Brown, Nicolas Sarkozy and José Manuel Barroso meet to discuss EU-wide anti-recession package

'Lost Decade' a Warning to West
Japan's experience of recession offers little encouragement that rate-cuts revive economies in crisis

Surviving the Credit Crunch and the Recession
Tips on how to develop a second source of income to help you through these hard times.

Millions of Chinese Graduates Out of Work After Fivefold Rise in University Places
Economic crisis adds to woes of job-seekers with big loans and high expectations

Merkel Resists Party Calls to Spend More to Tackle Recession
Germany's chancellor defends her refusal to spend way out of recession

Heed the Visionaries Who Can Ease the Pain of Recession
Will Hutton: The government should listen to the advice of Robert Shiller and James Crosby

Todays Mortgage Market
A brief overview of the current lending criteria set by the mortgage lenders in the wake of the current financial crisis.

Should We be for or Against the Government Bailout of the Banks?
Some people are firmly against the economic bailout. It is very important for all of us to understand exactly what is all about and the consequences of the bailout.

Crisis Casts Fresh Shadow Over Holiday Hotspot
Thailand's economy suffers further blow as closure of Suvarnabhumi airport slows country's tourism industry

Brussels Proposes £170bn Spending Plan
European recovery package unveiled as the EU's answer to the swelling financial and economic crisis

China Forced Into Fourth Interest Rate Cut of the Year
People's Bank of China slashes interest rates by biggest amount in 11 years to shield economy from global financial crisis

2012 Plans Still on Track, Ioc to Be Told
IOC president to visit London amid fears economic crisis could push games over budget

Gulf States Prepare to Weather Economic Storm After Drop in Oil Prices
Saudi Arabia and Kuwait could cut back on spending as recession and slump in oil value hit hard

Gloomy Outlook As Irish Racing Cuts Back
The ruling body of Irish racing has ordered cost-cutting measures due to impending recession

Immigration Falls and Set to Decline Further in Recession
Number of Poles and other Eastern Europeans coming to work in Britain falls 36% this year

The Eco Road to Economic Recovery
There’s one major worry in the current economic crisis. Not "Shall I lose my job?" Not even "Will the banks keep my savings safe?" But "What short-cuts will we take to get the world’s economy growing again?

An A to Zirp of Being in Bad Financial Shape
Ruth Sunderland runs through the gamut of issues associated with the current recession

Doubts Raised Over Prospects of Success for 'hasty Summit'
World's leaders gather at White House for two-day emergency summit on the global financial crisis

Shaping the World: Bretton Woods 1944
Not for first time must diplomats reconstruct an international financial system battered by crisis

Germany Officially in Recession As Oecd Expects Us to Lead Recovery
Developed countries across world in recession, says leading thinktank, but growth in consumption expected

Brown: Major Countries Must Cut Taxes Now
Gordon Brown calls on most powerful industrial nations to prevent global economy sliding deeper into recession

We Would Not Have Bid for Games During Recession, Says Jowell
Olympics minister says credit crunch would have prevented London attempting to host 2012 games

New Eu Talks Bring Russia in From Cold After Georgia Protest
Governments hope to minimize chances of Russian obstructionism on financial crisis

Don't Give Us Half Measures, Mervyn
Nils Pratley: It may be risky but a full-point rate cut is necessary to prevent the economy not simply slipping into recession but plunging downwards

ArcelorMittal Slashes Production By 35% As Recession Bites
Shares in world's largest steel company lose almost a fifth of their value as it issues profit warning

Reverberations of World Recession Rock a City Built on Exports
Local trade association predicts that Dongguan and two neighboring cities will lose 9,000 of their 45,000 factories

Lost Decade is No Proof Against Recession
Future looks painful as Japan's biggest banks nurse their wounds from Nikkei slump

Stop These Irrational Gamblers Now - Before the Recession Turns Into Something Worse
Will Hutton: In order to make banks less dependent on the shadow financial system, governments must insure and guarantee debt

Fears of Prolonged Slump Reverberate Around the World's Stockmarkets
Tiger economies begin to shake as impending global recession wipes £50bn off FTSE 100

Free Markets are Dead?
In the last 14 months, markets repeatedly failed to price assets correctly.

Recession
Are we in a Recession, or not?

US Recession Fears Drag on Wall Street
More signs of a recession in the US dragged the Dow Jones industrial average lower in early trading, but the FTSE 100 rallied to close up 5.2%

How to Use the Recession to Grow Rich
This recession holds nothing but trauma for a lot of people around the world. But it needn't be so. Many people start businesses and make money during the recession. Many people including me can look back and say "that recession was the making of us" I know - I've lived through four of them and done well each time, luckily

Global Financial Meltdown and Time Management
As the global financial meltdown hits our offices and places of work, many people panic. This article looks at how to keep things in perspective and focus on using good time management techniques to protect yourself.

The Scariest Politician in Washington
Ed Pilkington: The world financial meltdown has provoked some pretty desperate behavior but it has also given rise to a new hero of the hour

How Benelux is Tackling the Economic Crisis
Belgians strike in protest at falling living standards as French company takes over their biggest bank

America's Fall is a Dangerous Opportunity for Its Enemies
Simon Tisdall: The US-triggered economic crisis has reinforced hostile perceptions of American vulnerability

EU Leaders Plot Joint Response to Avert Financial Meltdown
United States style bail-out would not fit political structure of non-federal Europe

Who is Responsible for the Economic Meltdown?
A brief examination of the levels of responsibility for the collapsing economic system.

Wall Street Bailout, Congressional Cover-up, or Sarbanes-Oxley?
More than 95% of Americans are making their mortgage payments right on schedule, yet there is no market for the financial products that contain these mortgages. Consequently, balance sheets reflect trillions of dollars less than the maturity value of the securities held by the financial institutions.

Gordon Brown Plans Financial Crisis Talks With George Bush
After publicly backing the Wall Street bail-out, Gordon Brown is scheduled to fly to Washington for crisis talks with George Bush

PM Meets Bush for Financial Crisis Talks
Gordon Brown continues bid to be rock of economic stability with summit meeting in Washington

Stock Market Meltdown - Watching Rome Burn
Both presidential candidates want to crucify SEC Chairman Cox for failing to control our creative financial institutions. But rumor has it that Congress specifically excluded the devilish derivatives from SEC purview. Let's fire the right bunch of "poips" for a change!

US Government to Limit Pay Packets for Wall Street Bankers in Bailout Package
The US government has yielded to an outcry over multi-million dollar Wall Street pay packets by agreeing to impose limits on the remuneration of senior bankers who benefit from a $700bn bail-out of financial institutions

Sub Prime Crisis, Bankruptcy and Layoffs - The Financial Tsunami
The financial crisis, sub prime crisis and Wall Street blues will change the financial system through which it operates. Read on...

This Week's Financial Crisis Marks the End of an Epoch
The world of easy credit, complex financial instruments, stratospheric salaries and supine regulators is over. labor no longer believes that the market is king. By Larry Elliott

Stock Markets Fizzle Out After Freddie and Fannie Bailout Rally
A week that showed so much promise ended up being a huge let down. A lot of ink was spent on the take over of Freddie Mac and Fannie Mae by the US government, and it allowed equity markets around the world to open the first trading day up 3%.

Economic Meltdown Returns Initiative to Obama in Polling
Both candidates spend millions of dollars in unprecedented advertising spree

Global Meltdown Continues
Fear over future of HBOS after 40% share price fall while analysts warn 100,000 City jobs could go

5 Steps for CEO’s To Increase Sales During Downturns and Recessions
The best way to increase sales in a downturn is for the CEO’s or profit center leader to get involved with sales. Here are five suggestions to help you get some immediate results.

Now is the Time to Seize Power From the Markets
Will Hutton: The financial crisis presents grave dangers for the world - but a huge opportunity for the politically bold

Recession Proof Business for Survival
Most businesses survive on a day to day basis most business owners do not recession proof business for hard times.

Recession Proof
Quit your job can be an adventure.

A Recession Will Be Tough. But It Might Turn Us Into a Friendlier - and Even Happier - Society
Alexander Chancellor: I remember during the 1980s how polite taxi drivers became, so eager were they to attract custom

Pound made record lows as Fear of recession increased
It was a good week for European equity markets with the FTSE100 finishing the week at 5636, its highest level for nearly two months.

Economy: Eurozone Teeters on Brink of Recession After Output Drops for the First Time
Eurostat says GDP in the 15 eurozone countries contracted by 0.2% in the second quarter of 2008

Owning An Online Business Is The Best Way To Beat Recession
Online business opportunity provides the best platform to start your own business. Having additional source of income will help you to live a better lifestyle and protect you during the period financial crisis. If you work it seriously, you can quit your job and enjoy time and money. Avoid skepticism and believe that you can do it.

3 Things You Can Do to Stop Worrying About the Coming Recession
Recession? What Recession? Now listen, I know all you are hearing these days on the news is the doom and gloom about the "recession". But it's especially important as entrepreneurs that we do NOT follow the thinking of the herd. It's important more than ever to simply refuse to participate in all the worry. So here are my three steps to turning this "lemon" of a recession into some entrepreneurial lemonade.

Offshoring : An edge above the business slowdown
The article throws light on the prospect of hiring during the economic slowdown and business recession.

US Election: Buffett Joins Obama to Solve Economic Crisis
Iraq widely expected to be the dominant campaign issue but supplanted by concerns about the economy

Economics: Eurozone May Beat Britain to Recession
Britain's ability to export our way out of trouble looks shaky as bad news emerges from single currency bloc

Fannie Mae and Freddie Mac's Current Financial Crisis
The administration has proposed a rescue package for mortgage giants Fannie Mae and Freddie Mac after shares dropped alarmingly in the stock market.

Some Ways to Save During a Recession
Try these tips for saving and keeping your company's edge during an economic downturn.

Days of Boom, Bust and Recession (but Let's Not Talk About That Now)
William Keegan: 'It's boom, boom Britain' was a favorite headline of the popular press in the old days

It's Back to the 1970s As Economy Grabs Limelight
Oil prices, the global food crisis and economic instability take center stage as the G8 prepares to meet in Japan

Chancellor Dismisses Recession Talk
Growing threat to Western economies highlighted by fresh surge in oil prices to within striking range of $150 a barrel

About this Media Hype on the World Economic Crisis
Food prices are increasing on media hype over an increased population, Oil prices are rising as investors play the markets yet where is the evidence of a lack of oil or a lack of land for food - I can't find it, can you?

Nursing Debt is Too Much for Southern Cross to Bear
Nils Pratley: A big nursing home operator is plunged into financial crisis. Why does Southern Cross's tale feel familiar?

Subprime Crisis: Us Foreclosures Bring Homelessness to the Middle Class
Homeless people living in cars and mobile homes across the US are being joined by a new breed: the middle-class

An Economical Recession Could Be an Opportunity for the Government
There may be a good opportunity to change some things around for the better. In a time of recession some governmental programs are needed. this programs may work better due to the need to improve the economical situation. We could help others and at the same time improve our situation.

Automotive Industry: Carmaker Ford Facing Dire Financial Crisis
Ford warned that its losses are running into billions as the rocketing price of petrol keeps customers out of its showrooms

Secret To Becoming a Millionaire During A Depression
How to Become a Millionaire During the Next Depression

Between The Devil of Recession and The Deep Sea of Inflation
Recently there were signs of a slowing but not capitulating UK economy, now things are looking graver.

3 Fast Ways To Recession -Proof Your Lifestyle
Many people are fearing that the US economy is headed for a recession. With that kind of doom-and-gloom on the horizon, it just makes sense to take steps to recession - proof your lifestyle. In this article, I’ll talk about 3 recession-busters you can use to stay afloat during challenging economic times.

How To Survive The Mortgage Meltdown And The Subprime Lending Mess
Many of you have asked what can be done to stop the mortgage hemorrhaging and how you’ll be able to survive the new realities of the marketplace. In response, I’ve put together some of the best feedback and tips from fellow warriors like you.

It’s the Income, Stupid - Thoughts on Fixing the Subprime Mortgage Crisis
Aubrey Clark is a writer and editor for Lendfast.com and lives in Atlanta Georgia with his wife and four children. He writes primarily on financial matters pertaining to Nationwide Home Mortgage Loan Companies and Where to find low interest rate credit cards.

There Is A Recession When My Economy Is In A Bad Situation!
When we talk about a recession, we should also stop and think in a way to help activate the economy. We may create an economic disaster and contribute to the situation if we don't act with responsibility.

Why Gaming Will Survive an Economic Meltdown
Keith Stuart: Our readers are more likely to make sacrifices elsewhere than give up buying games

Where's the Relief for Credit Crisis Victims?
Peter Hetherington: From cities to suburbs, the endless streets of boarded-up homes, repossessed by lenders and seemingly abandoned, provide the most graphic evidence of America's growing housing crisis

Top 7 Actions to Guarantee You will be Broke
Top 7 Actions To Guarantee You Go Broke.

IMF Says Us Crisis is 'largest Financial Shock Since Great Depression'
Fund says there is now a one-in-four chance of a full-blown global recession over the next 12 months

We Are in the Worst Financial Crisis Since Depression, Says Imf
Governments will have to pay for more bailouts, says Fund as it slashes growth forecasts

Subprime Mortgage Crisis : Why can't Lenders Just Fix the Bad Loans and Move on ?
With all of the bad loans that lenders have made in the past why don't the just fix them. All they need to do is take the people in bad loans and put them into better ones. This shouldn't be this hard!

At the Gate of Recession
After the Easter correction it seems the Dollar collapse is back on track, and March's high of 1.5904 in the EUR/ USD exchange rate could well be breached again this week. A 'one touch' trade with BetOnMarkets.com predicting that the EUR/ USD will touch 1.5855 at any time during the next 16 days could yield 12%.

Subprime Woes Reach New Heights
This article discusses the most recent developments in the subprime mortgage crisis, addressing the twin spectres of rising foreclosures and jitters on Wall Street.

The Week the Fed Tried to Save the World From Financial Meltdown
Fed's decision to cut US interest rates marks climax of seven days of crisis management

Federal Reserve Cuts Rates Three-quarters of a Point
Fed bids to ward off global economic slump with sixth cut in American interest rates since the financial crisis began last summer

'Helicopter Ben' and His 0% Remedy for Depression
Fed chief in the spotlight as he faces potentially worst financial crisis since the 1930s

US Bank Crisis Sparks Panic in Markets
Financial markets fear collapse of Bear Stearns could trigger global financial and economic meltdown

Crédit Agricole Writes Down €3.3bn From Credit Crunch
Despite losses in final quarter, French bank talks up strong underlying performance

Wall Street Meltdown
A great summary of recent months with a picture montage featuring all our favourite crunch characters

Barter for Hard Times
Barter is Good for All times ! However, with a recession looming on the horizon in the USA barter can play a big role in your future. I have been involved with barter successfully for over 25 years.

Are We Heading to a Depression ?
We hear financial pundits bantering around the R word - recession. However are they just plain scared to mention the D word - depression ?

Navigating the Economic Recession of 2008
Article on the prospect of a United States economic recession in 2008.

A Globalized Recession
The US recession depends as much on her neighbors as on internal checks like Congress and the Fed. If emerging economies stand to gain from the recession, should they bear some responsibility for righting the credit crunch? This article explains some of the problems globalization poses in a financial crisis.

How to Protect Yourself in The Great Depression
The Great Depression How To Protect Yourself

Reasons to Be Cheerful
Leader: Evidence of recession is everywhere except one place: the economic statistics themselves.

Subprime Woes: are we Out of the Woods Yet?
The White House, the Fed and bond insurance companies are all taking unprecedented action to minimize the subprime mortgage crisis. But is it enough? This article discusses the likelyhood that the US is headed towards recession with these factors in mind.

US Recession Inevitable?
This article discusses the possible causes of and outcomes from a potentially impending US recession.

US Stocks Continue Falling Amid Growing Recession Fears
American stocks tumbled today as Wall Street's worries over an imminent recession were aggravated by a warning from Merrill Lynch that the subprime mortgage crisis is turning into a global "pandemic".

Fears for Exports Fuel Sell-off
The meltdown in Asian markets continued yesterday, with shares across the region tumbling prior to the surprise rate cut by the US Federal Reserve

Macedonia's Report Card - 10 Things that Could Go Wrong
Macedonia faces 10 risks and the government is doing precious little to confront them.

Can The Bush Tax Cut Work?
Can the impending economic stimulus package that the Bush administration is creating have the power to keep the US from recession? This article discusses some of the factors of the economic crisis.

One-state Recession is the Issue for Worried Electorate
The past, present and future of Michigan's troubled car industry can be found gathered in Miller's Bar, an institution as revered in these parts as the Ford factory that looms over the town like a fortress

100% Financing in San Diego Survives the Sub-Prime Meltdown.
Although the sub-prime meltdown has shaken up the housing market there are still great opportunities out there to use 100% financing and leverage yourself so that lenders are taking all of the risk in your home purchase.

2007 Year In Review: The Mortgage Meltdown
The mortgage meltdown is in full effect. Find out how many lenders bit the dust in 07' and what the Feds did to try and help the market correct itself in 08". Predictions for the 08' U.S. housing market inside as well.

Banks Act on Meltdown Fear
Joint move by UK, US, Swiss, Europeans and Canadians · Unprecedented action to ease global credit crisis · Bank of England puts in £11bn but more may be needed

US Subprime Mortgage Crisis Causes Lurches on Wall Street
America's sub prime mortgage crisis caused nervous lurches on Wall Street yesterday as two leading home loans companies suffered a crisis in investor confidence and the Federal Reserve dampened economic expectations.

Country's Growth Potential Frustrated By Isolation
The trigger for Burma's crisis is primarily economic rather than political. Although the main focus of the thousands of Burmese who have been taking to the streets is a demand for an end to the army dictatorship, it was the economy that propelled most of them to risk their lives.

This Financial Crisis Could Be a Historic Chance for Brown
Martin Kettle: If the PM dares, a radical course would be to claim Northern Rock proves government intervention is good for markets.

Realty Meltdown Part 4
This is part 4 of my assetment of the USA economy due to the sub prime and ARMs that people were hoodwinked into buying with very dire results that we may see leads to a crash on the USA and then world economy.

Leading Lender Likens Us Credit Crisis to Great Depression
The US financial industry displayed fresh signs of distress from the credit crunch afflicting global money markets yesterday, with one mortgage provider describing lending conditions as the worst since the Great Depression of the 1930s.

Chief With Deep-seated Fear of Recession
Profile: Ben Bernanke had been very much on the sidelines since taking over as chairman of the US central bank, the Federal Reserve, from the legendary Alan Greenspan in February last year.

Risky Lending in America Claims Victims Worldwide
The crisis in sub-prime lending in the US caused problems for lenders on both sides of the Atlantic yesterday as the world's financial markets continued to struggle after last week's heavy falls.

Lender Fraud - A Significant Factor in the Sub-prime Lending Meltdown?
The sub-prime lending meltdown has many causes. It is possible that widespread lender fraud has been a major factor in the shakeup affecting these sub-prime lenders. Appraisers in California are discovering evidence that these schemes may be more widespread than anyone realizes.

The Subprime Mortgage Meltdown They Want You To Pay For
It's no secret that the subprime mortgage industry is in trouble. The bad news is we may end up footing the bill for this insanity.

2007 Realty Meltdown Part 3
As a former consumer investigative reporter I continue my series of articles on how the slow down in the sale of homes has began to bring about what I call the Realty Meltdown Domino Effect.

2007 Realty Meltdown Part 2
As we mentioned before in the first story, these DINKs - Double Income/No Kids - got carried away with getting their first home. Instead of picking out a sensible house that could allow for several kids in the future they wanted to see just how much house they could purchase! 3,000, 4,000, 5000, or more square feet homes were what fit their "conspicuous consumption" mentality.

The 2007 USA Realty Meltdown
You are now seeing story after story about record foreclosures across the USA. I will discuss from my extensive background as a former consumer investigative reporter for Post Newsweek TV what I believe led to these foreclosures - conspicuous consumption - as coined by an economist/sociologist in the early 20th century.

South Africans Meet Mugabe's Opponents and Warn of 'meltdown'
Intervention welcomed as breakthrough in Zimbabwe - Archbishop issues rallying cry against 'dictator'

Zimbabwe Heads for Economic Meltdown
Zimbabwe's economic collapse is rapidly accelerating and is being blamed for an outbreak of cholera, strikes by doctors and nurses, and electricity blackouts.

Is the National Residential Real Estate Market Headed for a Depression in 2007? Is There Any Good News?
At the beginning of 2006, the so named real estate "bubble" across the nation was leaking air. We read opposing views by economists, whose opinions graced the pages of national media and were dependent upon which economic theory they followed. It was difficult to know whom to believe.

Six Ways to Solve a Cash Crunch
Do you find yourself facing an emergency financial crisis? Do you need a quick and simple solution to get cash fast? Top10Moneysecrets.com offers several creative ways to approach situations like this...and how to avoid them in the future.

'Dead Zone' Threat to Us Suburban Dream
Petrol price rises may cause the housing bubble to burst, triggering global recession and the fall of America's Eden, writes Paul Harris in New York.

Trouble at Sea
The crisis at state-owned Corsican ferry firm SNCM is a symptom of all that is wrong with France's social and economic model, writes Jon Henley.

The Magic of My Thinking
I found myself in Russia in the throes of its worst economic crisis ever. I was a fugitive, having escaped the displeasure of a nasty regime I dared criticize and attack openly.

Beyond Bull
The US economy may look buoyant but sky-high balance of payments deficits point to a coming crisis, writes William Keegan.

The Imf is a Poisoned Chalice
Wherever it is prescribed, a dose of IMF medicine only compounds economic crisis. For how much longer should we give those who run the global economy the benefit of the doubt? The International Monetary Fund has made the same "mistake" so many times that only one explanation appears to remain: it is an engineering disaster.

Public services at risk as US states face financial crisis
The street lights may still be twinkling on Sunset Boulevard and the sun may still come up every morning over the Mojave desert, but California could soon be plunged into fiscal darkness.

'Economic Crisis' Forces German Call for Lower Rates
Gerhard Schröder was last night piling pressure on the European Central Bank for deeper cuts in interest rates after one of Germany's leading thinktanks warned that recession and imminent deflation had left the country in "economic crisis". With his ministers scaling down their...

EU fears conflict will bring on recession
War in Iraq could push the continent's already enfeebled economy over the edge and into full-blown recession, the European commission warned yesterday.

Beefed-up Charges?
A French trial by media is sending a steakhouse chain accused of selling illegal British beef into financial meltdown, writes Jon Henley.

Bristol's Owner Warns of Financial Meltdown
The Bristol owner Malcolm Pearce warned last night that the Zurich Premiership was in crisis with a number of clubs on the verge of financial meltdown.

Airbus scales back deliveries as recession bites
Airbus, the European plane maker, is set to cut its forecast deliveries for next year because of the worsening slump in air travel and the growing financial troubles of the carriers.

Risk of Recession, Says World Bank As Recovery Falters
There is a "significant risk" the global economy will slide into recession in the coming months, jeopardising attempts to relieve poverty in the developing world.

Fed cuts US interest rates
The US Federal Reserve today cut interest rates to their lowest levels for 40 years in an attempt to keep the world's largest economy from slipping back into recession.

Marching in step with the US
Post-September 11, many analysts expected an already weak global economy to slide into recession. While the gloomiest forecasts have proved wrong, last year's downturn has exposed the weakness of the US corporate sector and raised doubts about the prospects for recovery in the world's largest economy. Growth in international trade has halted, and while some countries have escaped the slowdown, most marched in lockstep with US fortunes.

Uruguayan peso goes into freefall
Uruguay's financial crisis today deepened as the value of its currency tumbled after banking operations were suspended amid a run on deposits.

Rich States Leave Africa in the Slow Lane
As leaders of the main industrial powers prepare to draw up an aid plan at their Canadian conference, Tony Blair admits that global recession and September 11 mean the continent faces a long haul out of poverty.

Japan's Recession Deepens
The Japanese government yesterday said the country was in its deepest recession since the second world war, as the collapse of a medium-sized bank underlined the persistent fragility of the financial sector. Fears of a banking system meltdown were eased, however, by a spurt in share...

Greenspan: Us 'emerging From Recession'
The US is emerging from recession but economic recovery is expected to be modest, the Federal Reserve Board chairman, Alan Greenspan, said today. In his semi-annual testimony to Congress on the state of the economy, the world's most influential central banker said business and consumer...

The Fall and Fall of the P-Zine
The circulation of print magazines has declined precipitously in the last 24 months. This dissolution of subscriber bases has accelerated dramatically as economic recession set in. But a diminishing wealth effect is only partly to blame.

Financial Crises and Global Capital Flows
The recent upheavals in the world financial markets were quelled by the immediate intervention of both international financial institutions such as the IMF and of domestic ones in the developed countries, such as the Federal Reserve in the USA.