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Farmers face tough times

posted by aranel 1311 days ago in Agriculture made popular 1308 days ago

The financial crisis that has rocked U.S. banks and stocks around the globe is also hitting home with farmers and agriculture equipment dealers.

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GDP Expected to Mark the Beginning of UK Recession

posted by aranel 1311 days ago in GBP, Fundamental made popular 1311 days ago

Friday's release of GDP in the third quarter is expected to be the first in a series of negative growth data for the United Kingdom, according to economists who have long noted deteriorating conditions for the economy. However, with weakness the

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The UK is on recession watch

posted by aranel 1311 days ago in GBP, Fundamental made popular 1311 days ago

A recession is when your neighbour loses his job. A depression is when you lose yours.

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Figures 'to herald recession'

posted by aranel 1311 days ago in GBP, Fundamental made popular 1311 days ago

Britain's remorseless slide towards recession is expected to be confirmed with official figures forecast to show the economy contracting for the first time in 16 years.

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I was wrong about the economy. Sort of

posted by aranel 1311 days ago in USD made popular 1311 days ago

The former Federal Reserve chairman, Alan Greenspan, has conceded that the global financial crisis has exposed a "mistake" in the free market ideology which guided his 18-year stewardship of US monetary policy.

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Food inflation to drive Xmas spending rise

posted by aranel 1311 days ago in GBP made popular 1310 days ago

UK shoppers are expected to spend more this Christmas than last year despite the financial crisis - but the increased expenditure will be driven by the higher cost of food, according to new research.

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Seven Reasons To Be Pessimistic

posted by aranel 1312 days ago in GBP made popular 1311 days ago

Now even Gordon Brown says the UK is likely to enter a recession. For the doomsayers, there is no shortage of reasons to be pessimistic.

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UBS study says recession will hit UK, US worst

posted by aranel 1312 days ago in GBP made popular 1310 days ago

Britain and the U.S. will suffer most from a global recession predicted to last until the middle of next year, Swiss bank UBS said in a report Wednesday.

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A “Temporary” Solution To The Economic Crisis

posted by aranel 1312 days ago in GBP made popular 1312 days ago

Temporary buildings specialist, Spaciotempo is experiencing an increase in the demand for their high quality bespoke temporary building solutions. This is due to companies seeking to postpone non-essential expenditure such as expansions in the re

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Crude falls on economic concerns, inventories data

posted by aranel 1312 days ago in USD made popular 1312 days ago

Crude-oil futures slumped more than 6% at one point Wednesday to touch the lowest price seen in nearly 16 months, with the selling carrying over from the previous session on continued worries over slowing demand and as forecasts showed the U.S. w

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UK set for first full-year recession since 1991

posted by aranel 1312 days ago in GBP made popular 1312 days ago

The UK economy will contract by 0.9% in 2009, suffering its first full year recession since 1991, a leading economic think tank predicted today, adding to the warnings of gloom ahead.

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IMF in global 'meltdown' warning

posted by aranel 1313 days ago in GBP made popular 1313 days ago

The world financial system is teetering on the "brink of systemic meltdown", the head of the International Monetary Fund (IMF) has warned in Washington.

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