Posted by Matt in February 8th, 2010 |
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by Simon Hunt
This will be a shortened version of our usual monthly economic reports, since we have posted several short notes on the economic and financial markets.
This year is likely to be a year of surprises. Global economic growth will disappoint. The intrusion of governments into all matters financial, economic and even personal is a [...]
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Posted by Matt in January 28th, 2010 |
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World leaders and policymakers in Davos are nervous the global recovery could falter, especially if governments withdraw support too quickly.
The recovery is “a mile wide but only an inch deep” and job creation very tentative, Canada’s Prime Minister Stephen Harper told the World Economic Forum in Davos. He urged governments to keep economic support programmes [...]
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Posted by Matt in December 31st, 2009 |
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For many people around the world economic and social conditions will continue to deteriorate in 2010. An estimated 60m people worldwide will lose their jobs. Poverty rates will continue to rise, with 200m people at risk of joining the ranks of those living on less than $2 a day. But poverty alone does not spark [...]
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Posted by Matt in April 22nd, 2009 |
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The global economy is in the middle of a synchronized contraction that will push global growth into negative territory in 2009 for the first time in decades. . This will be the worst financial crisis since the Great Depression and the worst global economic downturn in decades. Global trade volumes face their sharpest contractions of [...]
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