Posts Tagged ‘economic recovery’
UK’s Economy Showing Signs of Improvement
Saturday, April 11, 2009 18:23 No CommentsAccording to leading experts, the economic downturn in the UK is showing signs of easing.
Organisation for Economic Development predicts that the situation in big exporting nations such as the US, Japan, Germany and Russia is worse than for the UK. OED’s index of leading indicators for UK showed only a small dip in February. In [...]
Bernanke Raises Hopes for Recovery Next Year
Monday, March 16, 2009 14:51 No CommentsThe Federal Reserve chairman—Ben Bernanke, said that the recession would continue throughout 2009 but 2010 would be a year of recovery.
These comments helped buoy global stock markets. The Dow Jones industrial average opened up 63.72 points at 7300.28. In early afternoon, the FTSE 100 climbed 63.08 points to 3816.76; while Germany’s Dax index was up [...]
