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
Medical aid group raises alarm about AIDS funding
Medicine & Health / HIV & AIDS
Nov 05, 2009 |
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(AP) -- The global recession and pressure to divert funds to other health crises are hurting the fight against AIDS, a medical group warned Thursday, with one health worker saying he feared a return to the days when the ...
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Nokia Siemens Networks to lay off up to 5,700
Nov 03, 2009 |
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(AP) -- Nokia Siemens Networks said Tuesday it will lay off up to 5,700 workers globally as part of a move to cut annual costs by euro500 million ($740 million).
Recession may be over, but recovery will be gradual
Nov 19, 2009 |
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(PhysOrg.com) -- With the severe national recession of the past two years finally behind us, the pace of economic recovery will be slow and unemployment will remain high for quite some time, say economists at the University ...
Commercial pigs in Ind. test positive for H1N1
Nov 04, 2009 |
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(AP) -- The U.S. Department of Agriculture said Wednesday that pigs in a commercial herd in Indiana have tested positive for swine flu, making it the first time the virus has been found in such hogs.
The global financial crisis is bad for more than just your pocket
Nov 16, 2009 |
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One in four Australian adults has taken an action that puts their health at risk as a result of the global financial crisis (GFC), according to a new MBF Healthwatch poll.
How can scientists measure evolutionary responses to climate change?
2 hours ago |
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As global temperatures continue to rise scientists are presented with the complex challenge of understanding how species respond and adapt. In a paper published in Insect Conservation and Diversity, Dr Francisco Rodriguez-Trelles and Dr ...
Key scientist says politics behind stolen e-mails
Nov 24, 2009 |
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(AP) -- A leading climate change scientist said hackers breaking into a university's computer server and then posting documents online show the nasty politics of global warming.
Scientist: Leak of climate e-mails appalling
Nov 23, 2009 |
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(AP) -- A leading climate change scientist whose private e-mails are included in thousands of documents that were stolen by hackers and posted online said Sunday the leaks may have been aimed at undermining next month's ...
Mankind using Earth's resources at alarming rate
Nov 24, 2009 |
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Humanity would need five Earths to produce the resources needed if everyone lived as profligately as Americans, according to a report issued Tuesday.
Leaders say momentum building on climate change
Nov 29, 2009 |
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(AP) -- Leaders of the Commonwealth countries called Saturday for a legally binding international agreement on climate change and a global fund with billions of dollars to help poor countries meet its mandates.
Lenovo buying back mobile phone business
Nov 27, 2009 |
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(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.
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