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Economic Measures Recession

  • JOHANNESBURG, Sept 19- The World Bank on Tuesday halved its 2017 growth forecast for South Africa after the economy fell into recession earlier this year. But the bank warned any prospect of recovery would "remain fragile" unless South Africa succeeds in becoming more productive. South Africa is well placed in exports markets but we don't see the country's...

  • Cramer: How the 2008 financial crisis changed my investing approach forever

    Jim Cramer explains how his view of the market was forever rocked by the 2008 recession.

  • How the  financial crisis changed Jim Cramer's investing approach forever

    Jim Cramer explains how his view of the market was forever rocked by the 2008 recession.

  • An employee of Lehman Brothers Holdings carries a box out of the company's headquarters building (background) September 15, 2008 in New York City. Lehman Brothers filed a Chapter 11 bankruptcy petition in U.S. Bankruptcy Court after attempts to rescue the storied financial firm failed.

    Jim Cramer explains how his view of the market was forever rocked by the 2008 recession.

  • RIO DE JANEIRO, Sept 6- The Brazilian government may increase its forecast for 2017 economic growth to around 1 percent from 0.5 percent, Finance Minister Henrique Meirelles said on Wednesday, after several indicators exceeded expectations.

  • LONDON, Sept 1- The chances of Britain eventually exiting the European Union in a disorderly manner have eased a bit, according to a Reuters poll of economic forecasters, who still say a free trade deal, even if there is a transition period, is the most likely outcome. In the meantime, UK economic growth is forecast to keep slowing despite an upturn in the broader world...

  • *Yields fall on weak inflation data. NEW YORK, Aug 31- U.S. stocks rose and Treasury prices gained slightly on Thursday after data showed U.S. inflation increased at its slowest pace since late 2015, boosting expectations that the Federal Reserve will hold off from increasing interest rates again this year. "The outlook for the U.S. and the global economy remains...

  • Aug 31- Wall Street was higher in late morning trading on Wednesday as upbeat data pointed to strength in the economy. The Commerce Department said consumer spending, which accounts for more than two-thirds of U.S. economic activity, increased 0.3 percent last month after a 0.2 percent gain in June. "The outlook for the U.S. and the global economy, remains...

  • BUENOS AIRES, Aug 30- Argentina's government will forecast economic growth of 3 percent and inflation of 12 percent in 2018 when it presents its budget bill in early September, Senate leader Federico Pinedo told Reuters on Wednesday. "We will be moving towards a lower deficit, much less inflation and more growth," Pinedo, provisional Senate president and a member...

  • NEW YORK, Aug 30- Standard& Poor's warned on Wednesday of grim consequences for the U.S. economy if the White House and lawmakers fail to reach a deal to keep the government open and avert a default. The likelihood of either outcome, however, remains slim, with the urgency to address massive damage from Tropical Storm Harvey, the most powerful storm to hit Texas in over...

  • President Donald Trump signed an executive order that prohibits dealings in new debt from the Venezuelan government or its state oil company on Friday in an effort to halt financing that the White House said fuels President Nicolas Maduro's "dictatorship." Maduro, who has frequently blamed the United States for waging an "economic war" on Venezuela, said the...

  • SAO PAULO, Aug 23- A smaller-than-expected rise in Brazil's consumer prices in mid-August pushed annual inflation to a new 18- year low, keeping the central bank on track to cut interest rates aggressively. Slowing inflation in Brazil parallels weakening price pressures in developed economies, where tepid global economic growth has kept central banks on...

  • *South Africa Reserve Bank to cut repo rate in Nov. JOHANNESBURG, Aug 18- South Africa's Reserve Bank is expected to cut interest rates again in November and possibly even September given the relatively tame inflation outlook, a Reuters poll found on Friday. The survey median shows South Africa rates cut by 25 basis points to 6.50 percent in November and then on...

  • Brazil is currently targeting a deficit of 139 billion reais before interest payments. Investors and analysts say the likely revision would only mark a blip in an otherwise solid trajectory toward fiscal austerity that has restored optimism in Brazil, Latin America's largest economy. Fernando Honorato, the chief economist at Brazil's No. 3 listed bank,...

  • LONDON, Aug 4- The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later. The boom-bust cycle which started in late 1998, with prices briefly below $10 per barrel, and was only briefly interrupted by the recession of 2008/ 09, ended in...

  • LONDON, Aug 4- The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later. The boom-bust cycle which started in late 1998, with prices briefly below $10 per barrel, and was only briefly interrupted by the recession of 2008/ 09, ended in...

  • LONDON, Aug 4- The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later. The boom-bust cycle which started in late 1998, with prices briefly below $10 per barrel, and was only briefly interrupted by the recession of 2008/ 09, ended in...

  • LONDON, Aug 4- The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later. The boom-bust cycle which started in late 1998, with prices briefly below $10 per barrel, and was only briefly interrupted by the recession of 2008/ 09, ended in...

  • LONDON, Aug 4- The global oil industry now appears to be in the early stages of a cyclical expansion which is likely to see prices rise over the next few years, slowly at first but then accelerating later. The boom-bust cycle which started in late 1998, with prices briefly below $10 per barrel, and was only briefly interrupted by the recession of 2008/ 09, ended in...

  • *BoE keeps Bank Rate at 0.25 pct. LONDON, Aug 3- The Bank of England kept interest rates at a record low again on Thursday and cut its forecasts for growth and wages as it warned that Brexit was weighing on the economy. Governor Mark Carney nonetheless sought to keep alive the possibility of one next year.