Global Recession Risk Rises

Recently, the fiscal cliff is one of the most discussed issues in regards to global economic developments. Its impact on international financial markets is expected to be of a significance. In addition to it, however, problematic issues across other countries will intensify the the economic uncertainty. If we leave aside the fiscal cliff, there are […]

Global Consumer Confidence Increases One Point in Q3

Sixty-Two Percent of Global Respondents Say They Are in a Recession; Sixty-Nine Percent Are Changing Spending Habits to Save More Global consumer confidence increased one index point to 92 in Q3 2012, and is up four index points from the same period the previous year (Q3 2011), according to global consumer confidence findings from Nielsen, […]

World pessimistic about job prospects, poll shows

Most people in the world were pessimistic about the job market last year, with the Europeans were the most pessimistic, according to results of a Gallup worldwide poll released Monday. Fifty-seven percent of adults worldwide, on average, said it was a bad time to find a job in their local communities, while 33 percent said […]