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Last updated: 07:37:35 Thursday Nov 19, 2009


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  • Europe's recovery will be 'gradual': OECD
    PARIS (AFP) - The eurozone has snapped out of recession sooner than expected but recovery will be slow, with annualised growth of 0.6 percent in the fourth quarter, the OECD said on Thursday.   Nations:France Luxembourg Slovakia Portugal Finland Netherlands   Activities:2008 EU Recession   Source:(AFP)   2009-11-19

    Singapore declares its recession over
    SINGAPORE (AFP) - Singapore on Thursday declared a severe recession over after two straight quarters of growth and predicted the economy would expand by up to 5.0 percent in 2010.   Nations:Singapore   Source:(AFP)   2009-11-19

    World recovery 'modest', debt must stop: OECD
    PARIS (AFP) - China, Asia and the United States are pulling the world out of an economic vortex with surprising if "modest" speed, the OECD declared on Thursday.   Nations:China U.S. India Brazil France Russia   People:Barack Obama   Source:(AFP)   2009-11-19

    Asia helps feeble West in global recovery: OECD
    PARIS (Reuters) - Asia is leading the global economy out of the deepest downturn in decades but the recovery will be marred by high unemployment and huge government debt across the industrialized countries, the OECD said on Thursday.   Nations:China France Japan India Brazil Russia   Source:(Reuters)   2009-11-19

    Millions will have to repay part of tax credit
    WASHINGTON - More than 15 million taxpayers may owe the government $250 or more because of how the IRS last spring set up President Barack Obama's tax break that was designed to help consumers spend the U.S. economy out of recession.   Nations:U.S.   People:Barack Obama   Source:(AP)   2009-11-16

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