Recession
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LONDON, April 5- Brent crude oil fell to a five-month low near $105 per barrel on Friday as bleak U.S. jobs data and bulging inventories dimmed the outlook for economic growth and fuel demand.
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Becoming a lawyer seemed to be one of those career moves that could stand up to any type of economic setback. Not anymore.
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DUBLIN, March 21- Ireland was one of the best-performing economies in the euro zone last year, continuing a gradual recovery from its financial crisis, though it tailed off in the second half as exports stalled, official data showed.
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By Conor Humphries and Stephen Mangan. DUBLIN, March 21- Ireland was one of the best-performing economies in the euro zone last year, continuing a gradual recovery from its financial crisis, though it tailed off in the second half as exports stalled, official data showed.
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DUBLIN, March 21- Ireland's economy was flat at the end of last year but beat expectations and grew nearly 1 percent in 2012 as a whole, one of the fastest rates in the euro zone as it continued to recover from its financial crisis. Bailed-out Ireland has made a limited return to bond markets and is one of few euro zone countries to have managed to eke out mild growth.
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DUBLIN, March 21- Ireland's economy was flat at the end of last year but beat expectations and grew nearly 1 percent in 2012 as a whole, one of the fastest rates in the euro zone as it continued to recover from its financial crisis. Bailed-out Ireland has made a limited return to bond markets and is one of few euro zone countries to have managed to eke out mild growth.
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*Fed will keep to monthly $85 billion bond buys. *Cyprus crisis a reminder of global risks. WASHINGTON, March 20- The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment.
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*Fed will keep to monthly $85 billion bond buys* Cyprus crisis a reminder of global risks* Bernanke to emphasize slow jobs progress* Officials to release new economic forecasts By Pedro Nicolaci da Costa.
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A downward revision for U.K. growth reignited fears on Wednesday that the country's credit rating could once again be downgraded as finance minister George Osborne's budget statement failed to inspire confidence.
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*Fed will keep to monthly $85 billion bond buys. *Cyprus crisis a reminder of global risks. WASHINGTON, March 20- The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment.
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*Central bank cuts 2013 GDP growth forecast to 0.8 pct from 1.3 pct. COPENHAGEN, March 20- Denmark's central bank joined the government in cutting its economic outlook for this year, as consumers continue to focus on saving and sluggish exports impede the country's recovery prospects.
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LONDON, March 20- Britain's economy will grow less this year and next than official forecasts showed in December, finance minister George Osborne said in his budget statement on Wednesday. The independent Office for Budget Responsibility now expects the economy to expand by 0.6 percent in 2013 and 1.8 percent in 2014, Osborne said.
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LONDON, March 20- Britain's economy will grow less this year and next than official forecasts showed in December, finance minister George Osborne said in his budget statement on Wednesday. The independent Office for Budget Responsibility now expects the economy to expand by 0.6 percent in 2013 and 1.8 percent in 2014, Osborne said.
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*C.bank cuts 2013 GDP growth forecast to 0.8 pct from 1.3. COPENHAGEN, March 20- Denmark's central bank joined the government on Wednesday in cutting its economic outlook for this year, as wary consumers and sluggish exports impede the country's recovery prospects.
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SINGAPORE, March 20- Singapore's economy will likely grow at a slightly faster pace this year than expected earlier, helped by a pick-up in manufacturing and financial services, a central bank survey released on Wednesday showed.
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*Fed will keep to monthly $85 billion bond buys. *Cyprus crisis a reminder of global risks. WASHINGTON, March 20- The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment.
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*Fed will keep to monthly $85 billion bond buys. *Cyprus crisis a reminder of global risks. WASHINGTON, March 20- The Federal Reserve looks set to sustain its $85 billion monthly bond-buying stimulus despite improving U.S. economic data as a new flare-up in the euro zone crisis reminds officials of a risky global environment.
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COPENHAGEN, March 19- The Danish government on Tuesday lowered growth expectations for the domestic economy in 2013 to 0.5-1.0 percent from a previous forecast of 1.2 percent as a result of weak demand from the euro zone. "They had a very high forecast which was very much out of line with what you could expect," said Steen Bocian, chief economist at Danske Bank.
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Goldman Sachs suffered a defeat on Monday as the Supreme Court let stand a decision forcing it to defend against a class action lawsuit claiming it misled investors about the risks associated with mortgage securities.
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*State secretaritiat SECO keeps 2013 growth view at 1.3 pct. *SECO more upbeat than Swiss central bank. The SECO stuck to a forecast for 1.3 percent growth for 2013 and edged up its outlook for 2014 to 2.1 percent from the 2 percent it predicted in December.
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By Olesya Dmitracova and Shadia Nasralla. LONDON, March 15- The Bank of England's chief economist warned against "dangerous talk" of tolerating higher inflation, days before Britain's finance minister is expected to pave the way for the bank to take a more active approach to boosting growth.