Recession

The watchword is to contain costs. The new Basel 3, albeit applied in a manner so gradual as to prevent instantaneous shock changes the long-term scenarios for European banks. Not all banks, not all the same, will face the need to increase its capitalization. According to a [...]

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The Central Bank of China raised interest rates by 25 basis points to slow the overheating economy, particularly in real estate, and loosen the danger of inflation. The move - announced by the Bank's website - has now been decided and will be operational from tomorrow, [...]

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The fall in sales of new homes in the United States has knocked the equity markets worldwide. On Wall Street the Dow Jones closed down 1, 32% at 10,040.23 points, the Nasdaq 1, 66% at 2123.76 points while the S & P 500 by 1, 45% at 1051.90 points . He recovered in the final but finished a decided downward [...]

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The race superyen does not stop. The Japanese currency was flown today to the maximum 15 years for nine years on the dollar and the euro, against the growing deterioration of the prospects for world economic growth that drives investors to take refuge in activities considered to be safer. And the yen belongs to this category, as [...]

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Oil prices have jumped about 1% Asian telecommunication circuits reaching over $ 83. Among the factors behind the upward trend we have the weakening of the dollar, the sharp increase in Chinese imports in December were up 25% to over 20 million tons. Oil has fueled new refineries [...]

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The Asian economies "are bouncing quickly" from the lows during the global crisis and, after undergoing economic meltdown in some cases heavier than that of countries at the epicenter of the crisis, "is leading the world out of the crisis" . Judgement is the International Monetary Fund, in its latest regional report [...]

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LCD TVs from various quarters have a best seller of the products in the landscape of consumer electronics and hi-tech industry as a whole. Those LED technology "likely" to follow in his footsteps. For TV LCD backlit diode (LED stands for Light emitting diode), the real leitmotif of the last edition of IFA in [...]

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Last Thursday the European Central Bank (ECB) has cut the cost of borrowing by a quarter point, bringing it to the new historic low of 1%. A decision is justified by the current deep recession and that inflation will remain well below the target level of 2% in 2009-2010 (and negative in the summer months). Tags: European Central Bank, [...]

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The crisis of the pound is down the cost of living in London. Rome and Milan also cheaper Traditional Economist ranking the cost of living in big cities in the world do not normally holds great surprises. But the global downturn and strong movements in currency markets has messed up the ranking. At least this is the [...]

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The contraction in U.S. GDP in the fourth quarter was 6.2%, 3.8% higher than initially estimated. This is the backlog in the U.S. economy stronger in the first quarter of 1982. Analysts had expected a decline of 5.4%. The deterioration of the estimates depends on second reading by the poor performance of stocks and exports. [...]

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Royal Bank of Scotland has announced losses of 23 billion pounds and collapses (-70%) on the Stock Exchange. Even General Motors, despite billions dished out by Washington, the fight against bankruptcy. More: Citigroup prepares to spin off Smith Barney, divides its activities into two but does not remove the sword of Damocles of the bubble-to-credit-cards. Tags: [...]

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The analysts' forecasts to be wrong sometimes, but if it is true that at least three clues, then do a test for handset manufacturers is not the time to uncork bottles of champagne to celebrate the arrival of the new year. In 2009, in fact, the consumption crisis is lethal for the sales [...]

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The Federal Reserve left borrowing costs unchanged with the fed funds rate remained at 2% and the discount to 2.25 percent. The decision by the FOMC (Federal Open Market Committee), the operating arm of the U.S. central bank, after a two-day meeting, it was widely [...]

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 "there's no doubt that the U.S. economy has slowed, but we are in a period of recessioneÂ": so ¬ stressed, Thursday 28 February, U.S. President George W. Bush, at a press conference at the White House, called to take stock of the war in Iraq and on the health of the economy. Tags: [...]

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BRUSSELS -  "A public debt well above 100% and the persistent weakness of the accounts, despite the improvements, increase the uncertainty about economic growth and generate high costs, making Italy vulnerable to rate increases interesse ". This is Either what you said the EU commissioner for economic and monetary affairs, Joaquin Almunia, Tags: accounts [...]

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Another sharp drop in the Asian markets. The eastern lists shake the ghost of the recession. Already ¹ also many European markets, on a day marked a little 'anywhere from a swing. Milan is basically managed to get along with the Mibtel at a loss of 0.15% and the S & P MIB that has gained 0.11%. Tags: Dell, London, [...]

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MILAN - From Bags East had already reached a negative signal, but the European stocks, despite the start, they are then able to cancel almost all of the loss. Frankfurt is the only one to score a barely perceptible increase (+0.03%). As for the Milan Stock Exchange, while in the rest of the world troubled by fears of a recession in the U.S., [...]

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The Federal Reserve chairman, Ben Bernanke, is to know that before the state prerecessivo prevailing in the U.S. economy, will soon be decided on a new rate cut, in fact during the conference in Washington entitled "Financial markets, economic forecasts and monetary policy, "Bernanke announces" new aggressive cuts "and Tags: Dell, the Federal [...]

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The Central Bank has cut the U.S. for another quarter-point, for the third consecutive time, the reference rates, bringing it to 4.25% ¬. The decision is taken to deal with a crisis of propabile neli U.S. recession as a result of the subprime mortgage crisis. The discount rate was lowered is [...]

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Down lists on the Milan Stock as in the rest of Europe with London and Paris to -2.12% and -2.17% respectively. Among the causes there are fears if not a recession, a sharp slowdown in the U.S., leading to the repercussions of the subprime crisis, the operators also worry Tags: 3g, all stars, Crisis, Dell, Eni, [...]

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