A different sort of bad news (Bangkok Post)
Story date: 2007-12-16 11:03:48
Added on: 2007-12-16 21:00:18
The world slowed in 2007. Global growth was robustly above 5% in 2006, but cooled in 2007. The first three quarters of this year were about the slowdown of the US consumer. This was a housing-led slowdown, not a sub-prime crisis, nor a credit crisis.
Read more...
Related Stories:
-
German, French Economic Growth Slowed by Half in Fourth Quarter (Bloomberg.com)
Feb. 14 (Bloomberg) -- Expansion in the euro area's two largest economies cooled in the fourth quarter, marking the start of a...
2008-02-14 01:47:37 -
Borrowing growth cooled in 2007 (RTÉ News)
The Central Bank has said that the rate of credit growth in the economy last year was the slowest for five years....
2008-01-31 04:30:23 -
Venezuela GDP growth slowest since 2004 - Financial Times
Venezuela’s economic growth has cooled off to its lowest level in almost five years, despite an oil boom and with inflation continuing...
2008-05-28 11:24:00 -
German, French economies slow (Budapest Business Journal)
Expansion in the euro area’s two largest economies cooled in the Q4, marking the start of a slowdown that may deepen this...
2008-02-14 11:25:55 -
Saudi bank credit growth poised for slowdown amid global crisis (Gulf Times)
DUBAI: Credit growth in Saudi Arabia, which tripled in the last year, was likely to slow down, a top central banker said...
2008-11-16 05:14:38 -
A look ahead: Area leaders see continued growth, environmental concerns ahead in ’08 (Holmen Courier)
The mortgage crisis that has rippled through the country in 2007 doesn’t seem to be hitting area communities yet. Area leaders look...
2008-01-13 06:40:23 -
SEQUEL TO GLOBAL SLOWDOWN (The Hindu)
When contacted, the Commerce Secretary, Mr Gopal K. Pillai, told Business Line here that the slowdown is a sequel to the world...
2008-12-01 01:05:21 -
Property cools in capital with glum economy (Vietnam Net)
VietNamNet Bridge - Certain sectors of the Ha Noi real estate markets have cooled over the past few months as a result...
2008-07-20 09:40:02