Global Economy, Double-dip Recession | featured news

U.K. Slips Into Double-Dip Recession

UK Double-Dip Recession

Figures released Wednesday provoked an outcry on the day that Mario Draghi, the president of the European Central Bank, shifted his rhetoric on the debt crisis.

 

Rough week: $2.5 trillion wiped off world stocks

Rough week: $2.5 trillion wiped off world stocks

More than $2.5 trillion have been wiped off the value of world stocks this week on mounting concerns the global economy is heading toward another recession.

 

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