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Last updated: 07:28:38 Friday Dec 18, 2009


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  • British borrowing rockets to record high
    LONDON (AFP) - Overspending in recession-hit Britain soared to a record in November, official data showed on Friday, highlighting the country's debt as alarm over public finances in Greece rippled across Europe.   Nations:U.K.   People:Gordon Brown   Activities:2008 U.K. Recession   Source:(AFP)   2009-12-18

    Japan business mood up more than forecast
    TOKYO (Reuters) - Japanese business confidence edged up more than expected in the three months to December but remained negative for the sixth quarter in a row, a Bank of Japan survey showed, as the economy slowly recovers from its worst postwar recession.   Activities:2008 Japan Recession   Source:(Reuters)   2009-12-13

    Strong sales boost recovery hope
    WASHINGTON (Reuters) - Consumers stepped up their spending in November and grew more optimistic this month, unexpectedly strong data showed on Friday, raising hopes a self-sustaining economic recovery was starting to unfold.   Nations:U.S.   Activities:2008 U.S. Recession   2009-12-11

    China's consumer prices, industrial output up in Nov
    BEIJING (AFP) - Consumer prices in China rose for the first time in nearly a year and industrial production picked up pace in November, while retail sales slowed slightly, the government said Friday.   Nations:China   Source:(AFP)   2009-12-10

    Black lawmakers grow impatient with White House
    WASHINGTON - Black lawmakers who have largely held their tongues during President Barack Obama's first year in office are stepping up their demands that the nation's first black president do more for minority communities hit hardest by the recession.   Nations:Afghanistan   People:Bill Clinton Barack Obama   Activities:111th Congress Obama Admin. 2008 U.S. Recession   Source:(AP)   2009-12-10

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