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UK retail sales fall less than expected in Oct
British retail sales fell less than expected in October and the public finances showed their first deficit for the month since 1994, official data showed on Thursday.
6
Economists say recession is here, and will last
The global economy has plunged into a deep recession that may be longer than the average downturn, according to two surveys of U.S. economists that echo similar declarations from authorities in Europe and Japan. 5
U.S. Recession to Extend Into 2009, Business Economists Say
The U.S. has entered a recession that will persist into next year, and economies around the world will follow suit, according to a survey of business economists. 
