Latest Headlines On The Recession 8/14/08

Posted: August 14, 2008 in Uncategorized

From Around The World
Recession Knocks On Europe’s Door
Forbes – NY,USA
And even though inflation is still well above target in the euro zone, prompting fears of stagflation, the looming specter of recession may start to win the

Japan heads towards recession as GDP shrinks
Times Online – UK
Japan stands on the brink of its first recession in six years as falling exports, investment and consumer spending combined to contract the world’s second

Strong Chance Of Recession
Sky News – Isleworth,England,UK
The Bank’s quarterly inflation report revealed that Britain faces a strong chance of recession this winter. But it also predicted that the rate of inflation

Recession News In The U.S.
Survey: Small business optimism at recession level – Charlotte,NC,USA
The National Federation of Independent Business’ monthly Index of Small Business Optimism dropped 1 point to a recession level of 88.2 in July.

More Positive Press On Recession
US may not be in recession, but 170 metro areas could be
Modesto Bee – Modesto,CA,USA
By KEVIN G. HALL , McClatchy Newspapers The broad US economy appears to have escaped a recession, most mainstream economists say, but that’s of no comfort

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