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28 September 2011
In a recent address to the Canadian parliament, David Cameron bluntly said: "Growth in Europe is stalled. Growth in America has stalled. The effects of the Japanese earthquake, high oil and food prices have created a drag on growth. We're not quite staring down the barrel, but the pattern is clear".
31 August 2011
Capitalist strategists are filled with gloom at the prospect of a new economic downturn. Fear of recession in the US, its credit rating downgrade and political dysfunction, not to mention the ongoing eurozone. Lynn Walsh reports.
17 August 2011
Capitalists unable to stop the turmoil: As their system continues to slide further into its worst crisis since the 1930s, the frantic efforts of world capitalist leaders to reverse the process are farcical, contradictory and ineffective, writes Clare Doyle
18 May 2011
5) The chorus of capitalist commentators to the effect that capitalism is on a recovery road to promised 'sunny economic uplands' is bogus...
20 October 2010
THE WORLD economy grew by only 2.8% in 2008 and shrank, for the first time for over 65 years, by 0.6% in 2009, while the economies of the advanced capitalist countries shrank by 3.2% on average, writes Per-Åke Westerlund, Rättvisepartiet Socialisterna (CWI in Sweden).
16 December 2009
Is the worst post-war economic downturn coming to an end? Are the green shoots of recovery really visible, as many politician would have us believe? Opinion is divided, with some commentators counting...
19 March 2008
Dow Jones falls amid turbulence
14 November 2007
Earlier this year, capitalist leaders were boasting of record growth in the world economy, around 5% a year for over five years...
28 June 2007
IN 2006 the world economy grew by 5.4%. That annual rate is comparable with growth in the years of the post-war economic upswing of the 1960s. The ability...
22 February 2006
THE FAILURE of the capitalist powers at the recent WTO (World Trade Organisation) talks in Hong Kong to further 'liberalise' world trade reflects the growing difficulties and contradictions inherent in the world economy...
22 May 2004
THE RECOVERY in the world economy continues to assume an anaemic character. While most attention is currently fixed on the debacle in Iraq, serious commentators fret that accumulated economic imbalances could yet derail the fragile and contradictory...
28 February 2004
ECONOMISTS WORLDWIDE are grasping at any sign of a revival in the US and world capitalist economies...
18 October 2003
CAN US capitalism pull the world economy out of its present stagnation? Japan has been stuck at near-zero growth for over ten years...
14 March 2003
FINANCE MINISTERS from the seven largest economies in the world met recently to debate how to revive the sick world economy. However, there was little agreement on how to revive the patient, writes Kevin Parslow.
9 November 2001
THE USA's economy is contracting in its worst industrial crisis since 1945. In the three months ending in September its gross domestic product (GDP) was shrinking at a 0.4% annual rate while consumer...
7 September 2001
A RECENT Economist special report on the world economy, 25 August, sums up the panic now gripping the capitalists internationally...
10 August 2001
The Bank of England's fourth cut in interest rates this year was prompted by government figures showing manufacturing in sharp decline, with 35,000 jobs lost in the last week alone...
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