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No global double-dip slump says OECD chiefThe world economy is slowing down from earlier strength on a collection of factors such as the euro zone's debt problems and a weak US housing sector, but is not headed for a double-dip slump, the head of the OECD said. 'No, that i More… |
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Oil at $120 risks economic double dip: IEAOil around the current level of close to $120 a barrel risks tipping the world economy into a double dip recession, the International Energy Agency's chief economist said. He also said the Paris-based consumer watchdog was monitoring t More… |
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Top bankers dismiss market jittersLeading bankers dismissed revived market jitters about the financial industry and played down concerns that patchy economic recovery and tough new capital rules could plunge the sector into more turmoil. European bank sh More… |
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IMF chief warns of double-dip recessions threatSome countries may suffer double-dip recessions if they exit strategies taken to battle the global financial crisis too early, the head of the International Monetary Fund said on Monday. Recovery in private demand and employment are necess More… |
