Global recession
hideA global recession is a period of global economic slowdown. The International Monetary Fund (IMF) takes many factors into account when defining a global recession, but it states that global economic growth of 3 percent or less is "equivalent to a global recession". By this measure, three periods since 1985 qualify: 1990-1993, 1998 and 2001-2002.
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News tagged with global recession
Drug industry embraces new business strategies after tough year
Dec 09, 2009 |
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As they pop the champagne corks to celebrate New Year's Eve, drug industry executives will likely be glad to put 2009 behind them. That's because pharmaceutical companies who make top-selling drugs for heart ...
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What's so funny about global warming?
16 hours ago |
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Ian Leung has wanted to do something about global warming for almost two decades. Ever since he switched careers in 1991 from science advisor to the Ontario Ministry of Environment to pursue a career as an actor, the environment-and ...
1,700 UK scientists back climate science
16 hours ago |
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(AP) -- Fighting back against climate skeptics, over 1,700 scientists in Britain have signed a statement defending the evidence that climate change is being caused by humans, Britain's weather office said Thursday.
NASA Global Precipitation Measurement Mission Passes Major Review
Space & Earth / Space Exploration
Dec 08, 2009 |
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(PhysOrg.com) -- NASA's effort to deploy the first satellite mission to advance global precipitation observations from space moved closer to this goal when agency officials approved critical elements for the Global Precipitation ...
Japan's Panasonic wins control of ailing Sanyo
21 hours ago |
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Panasonic Corp. announced Thursday it had secured a controlling stake in smaller rival Sanyo Electric Co. in a 4.6-billion-dollar takeover that revamps Japan's troubled electronics industry.
Climate projections underestimate CO2 impact
Space & Earth / Earth Sciences
11 hours ago |
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The climate may be 30-50 percent more sensitive to atmospheric carbon dioxide in the long term than previously thought, according to a recent study published in Nature Geoscience.
Giant iceberg spotted south of Australia
Space & Earth / Earth Sciences
Dec 09, 2009 |
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A monster iceberg nearly twice the size of Hong Kong island has been spotted drifting towards Australia in what scientists Wednesday called a once-in-a-century event.
Extra pores on plants could ease global warming: Japan study
21 hours ago |
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Japanese researchers said Thursday they had found a way to make plant leaves absorb more carbon dioxide in an innovation that may one day help ease global warming and boost food production.
Study reveals how Arctic food webs affect mercury in polar bears
Dec 08, 2009 |
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With growing concerns about the effects of global warming on polar bears, it's increasingly important to understand how other environmental threats, such as mercury pollution, are affecting these magnificent Arctic animals.
Cisco and British Telecom head for the 'cloud'
Dec 09, 2009 |
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Cisco and British telecom giant BT Group on Wednesday announced a partnership aimed at a growing hunger by businesses worldwide for Internet-based communications services.
UAF chooses shipyard to build Alaska Region Research Vessel
Space & Earth / Earth Sciences
Dec 09, 2009 |
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More than three decades ago, marine scientists in the United States first identified the need for a research vessel capable of bringing scientists to Alaska's icy northern waters.
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