Tag: Recession

Renewed threat of recession in Europe would certainly have an impact on Dubai economy

World Bank issued warning that the world is on the cusp of a new global recession that could be as bad as the crisis four years ago.

The U.S. economy is headed for another recession that government intervention cannot prevent, according to the Economic Cycle Research Institute. Such downturns will occur...

Thomas Schroeder, managing director at Chart Partners Group Ltd., talks with Bloomberg's Rishaad Salamat about technical analysis of the oil market. Speaking from Bangkok,...

Growth in the Gulf Cooperation Council states is expected to rise to 4.4 percent in 2010 and 4.7 percent in 2011, the Washington-based Institute...

During the last 12 months, analysts and researchers from the most prestigious firms, such as BofA Meril Lynch and EFG Hermes, produced reports aiming...

Having an MBA once guaranteed you a high-flying job with an even higher salary. But that's not necessarily true anymore. In the wake of...

Dear Readers, To all those who have followed Dubai Chronicle coverage online, we would like to offer a hearty thanks and a promise for 2010. In...

Middle East analysts from London-based risk consultancy Exclusive Analysis answer emailed questions about Iran, Saudi Arabia and UAE, reported Reuters. Q: Do you anticipate widespread...

While financial experts around the world talk of economic recovery, many of us remain boggled by all the jargon. But apparently it's as easy as...

A recession is defined to be a period of two quarters of negative GDP growth. By definition is a national or world event and...

Oil slips 5.4%; India widens Satyam fraud probe; Kirin expanding beverage empire; Citigroup reaffirms commitment to Japan; Italian car maker eyes Chrysler stake; Costa...

Deutsche Bank drops $6.3 Billion in 4Q; Work on world’s tallest building delayed; Nortel files for bankruptcy protection; Lehman out of Chap. 11 in...

Credit crisis claims $1 trillion; Dollar falls hard; Gold and silver rally; Honda slashes profit outlook; Motorola cuts costs; Valeo cuts 5,000 jobs; Woolworths...

According Credit Suisse Group, the financial services company, headquartered in Zurich, Switzerland since 1856, the short-run outlook for the global economy is gloomy and...