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World stocks plunge on gloomy forecasts, data
LONDON (AFP) - World stock markets plunged into negative territory Tuesday on gloomy growth forecasts in Asia and news that the eurozone sank deeper into recession last year than had been feared.After closing losses in Asia and Europe, US
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G20 draft communique forecasts growth in 2010
LONDON (AFP) - Group of 20 leaders predict that the world economy will start to grow again by the end of 2010 in a draft communique for their London summit this week reported by the Financial Times on Sunday.The 24-point draft reiterates
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Eurozone recession deepens; growth forecasts slashed
BRUSSELS/FRANKFURT (AFP) - Collapsing exports and dwindling business investment pushed the eurozone economy into the deepest contraction in the bloc’s 10-year history, official EU data showed on Thursday.After pulling back only 0.2
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