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
10 hours ago |
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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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Comcast: No plans to sell fourth-place NBC network
Dec 07, 2009 |
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(AP) -- Comcast executives say they have no plans to sell NBC Universal's broadcast TV business when they take control of the company.
UK University to probe integrity of climate data
Dec 03, 2009 |
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(AP) -- A British university said Thursday it would investigate whether scientists at its prestigious Climatic Research Unit fudged data on global warming.
United Nations to probe climate e-mail leak
Dec 04, 2009 |
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(AP) -- The United Nations will conduct its own investigation into e-mails leaked from a leading British climate science center in addition to the probe by the University of East Anglia, a senior U.N. climate ...
Half of Britons deny climate change man-made: poll
Dec 06, 2009 |
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Almost half of Britons do not believe human behaviour is the main cause of global warming, a new poll showed Sunday, a day before world leaders begin crunch climate talks in Copenhagen.
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 ...
Study: Slowdown in warming last year not permanent
Space & Earth / Earth Sciences
Dec 04, 2009 |
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(AP) -- Cooler temperatures in North America last year do not mean global warming is easing, government and academic scientists said Friday.
Giant iceberg spotted south of Australia
Space & Earth / Earth Sciences
22 hours ago |
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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.
Obama science advisers grilled over hacked e-mails
Dec 03, 2009 |
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(AP) -- House Republicans pointed to controversial e-mails leaked from climate scientists and said it was evidence of corruption. Top administration scientists looking at the same thing found no such sign, saying it doesn't ...
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.
Novel carbon-trading scheme could stop large-scale extinctions
Dec 03, 2009 |
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A new strategy for saving tropical forest species was published in the leading journal Science on the eve of the United Nations Framework Convention on Climate Change in Copenhagen, Denmark, by a team of researchers, includ ...
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