Economic Measures Recession

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  • CARACAS, Jan 15- Venezuela's socialist government decreed an "economic emergency" on Friday that will expand its powers and published the first data in a year that shows the depth of a recession fueled by low oil prices and a sputtering state-led model. Venezuela's oil-dependent economy is forecast to perform abysmally again in 2016. Maduro lost control of the...

  • *Value of Brazil's M&A deals slumped 30 pct last year. SAO PAULO, Jan 15- Banco Bradesco BBI SA, which ended last year as the top-ranked advisor for mergers and acquisitions in Brazil for the first time in nearly two decades, expects a worsening recession and weakening currency to fuel takeover activity in coming months. The investment banking unit of Banco...

  • BRASILIA, Jan 14- Brazilian President Dilma Rousseff's left-leaning administration is worried a possible interest rate hike next week will foil its efforts to revive a battered economy while failing to curb inflation, government sources said on Thursday. The ruling Workers Party, unions and businesses are pressuring the central bank to keep its Selic rate...

  • TOKYO, Jan 14- Japan's core machinery orders tumbled the most in 18 months in November after solid gains in prior months, adding to uncertainty over the outlook as domestic demand stays subdued and China's slowdown dims global growth prospects. The data comes as the economy got the new year off to a rough start as China's slowing growth and tumbling oil prices...

  • SocGen says S&P could fall 75% on China Wednesday, 13 Jan 2016 | 10:00 AM ET
    SocGen says S&P could fall 75% on China

    The French firm says a falling Chinese yuan could unleash a wave of global deflation.

  • Brazil cancels carnival Wednesday, 13 Jan 2016 | 8:00 AM ET
    Brazil cancels carnival

    Towns and cities across Brazil are being forced to scrap the annual carnival parade.

  • LONDON, Jan 13- Recruitment company Hays expects economic recovery in the euro zone to boost demand for its services in 2016, helping offset a slowdown in markets such as Britain and Australia. Hays, which is now the largest white collar recruiter in Europe, said it was benefiting from a relatively new outsourcing market in Europe where companies are only just...

  • SAO PAULO, Jan 11- Banco Pan SA expects feeble loan growth this year as Brazil's worst recession in a quarter century and rising borrowing costs hamper demand for auto and payroll-deductible credit, Chief Executive José Luiz Acar said on Friday. Conditions that fueled 9.8 percent loan book growth for the mid-sized lender controlled by Grupo BTG Pactual SA in...

  • ATLANTA, Jan 11- Global risks including a slowdown in China and continued low oil prices are now the chief risks to what is an otherwise promising outlook for the U.S. economy, Atlanta Federal Reserve Bank President Dennis Lockhart said on Monday. Lockhart told the Rotary Club of Atlanta he remains "mildly optimistic" that strong domestic consumption will help...

  • *Average hourly earnings fall one cent. WASHINGTON, Jan 8- U.S. payrolls surged in December and the job count for the prior two months was revised sharply higher, showing the economy on solid ground despite a troubling international backdrop. "It gives us a short-term shot in the arm and pushes back the idea that we are headed for a global recession or that weakness in...

  • WSJ: China adding to recession risk factors Thursday, 7 Jan 2016 | 4:28 PM ET
    WSJ: China adding to recession risk factors

    Greg Ip, Wall Street Journal, provides perspective over whether China problems will hit the U.S. economy.

  • Market's big overarching fear... Thursday, 7 Jan 2016 | 7:36 AM ET
    Market's big overarching fear...

    Kevin Hassett, American Enterprise Institute, and CNBC's Mike Santoli and Michelle Caruso-Cabrera, provide their thoughts on what's driving global market uncertainty, including the depreciation of the Chinese yuan.

  • TOKYO, Dec 28- Japan's factory output fell for the first time in three months in November, data showed on Monday, a sign that weak emerging market demand continues to cloud prospects for a sustained recovery in the world's third largest economy. But manufacturers expect to increase output in the coming months, offering some relief for the Bank of Japan as it...

  • LONDON, Dec 21- Spain's top stock index led European shares down on Monday after an inconclusive election result cast fresh uncertainty over the outlook for the country's reform programme and the broader economy. Spain's IBEX fell 2.7 percent, with all but one stock in negative territory and banks among top fallers. This is unlikely to be a positive development...

  • China faces a triple-bubble threat: Investor Sunday, 20 Dec 2015 | 8:18 PM ET
    China faces a triple-bubble threat: Investor

    Pu Yonghao, partner and CIO at Fountainhead Partners, says China faces three big bubbles in the stock market, currency markets and real estate markets.

  • JAKARTA, Dec 17- Asia policymakers on Thursday applauded an historic turn in U.S. monetary policy, but analysts cautioned that the region's economies faced vulnerabilities even as markets took the Federal Reserve rate hike in their stride. The palpable relief among policymakers, and investors, comes as the global economy navigates through some rough terrain,...

  • Overoptimistic Fed strains credibility on forecasts Wednesday, 16 Dec 2015 | 4:34 PM ET

    WASHINGTON, Dec 16- The economic projections of Federal Reserve policymakers released on Wednesday anticipate U.S. economic growth at 2.4 percent next year and a rebound in inflation to 2 percent by 2018.. The new projections came as the Fed carried out its first rate hike in almost a decade and set out a path for rate rises for 2016 that projected a 1.375 percent...

  • TOKYO, Dec 14- Japanese business confidence held steady and companies maintained their bullish spending plans, a quarterly central bank survey showed on Monday, offering some relief to policymakers worried that global headwinds could upset a fragile economic recovery. But despite favourable investment plans, companies were gloomy about conditions three...

  • Why this economist is still neutral on Japan Tuesday, 8 Dec 2015 | 12:32 AM ET
    Why this economist is still neutral on Japan

    Jeremy Lawson, chief economist at Standard Life Investments, says additional catalysts for structural reform in Japan are needed.

  • Prepare for a crash landing in China: MBMG Group Monday, 7 Dec 2015 | 9:06 PM ET
    Prepare for a crash landing in China: MBMG Group

    Investors are worried that weaker trade data is indicative of a bigger unraveling of China's economy, says Paul Gambles, co-founder of MBMG Group.