in

Browse by Tags

  • A "V-", "U-", "W-" or "L-shaped" recession?

    There is now general agreement that we are in a global recession. The World Bank's new 'Global Economic Prospects' report forecasts global GDP growth of 2.5% in 2008, and just 0.9% next year. This is well below the 3% level that signals recession. And the Bank also forecasts that world trade...
    Posted to ICIS Blogs (Weblog) by Anonymous on 12-14-2008
  • Dow warns of need for "radical actions"

    Andrew Liveris, Dow CEO, has consistently warned that we are facing a major recession. Today , in a Bloomberg interview, he spells out the need for "radical actions" to "take out capacity". He notes that Dow's volumes are down 10%-20% this quarter, and expects this to continue...
    Posted to ICIS Blogs (Weblog) by Anonymous on 11-14-2008
Page 1 of 1 (2 items)
© RBI 2008
Powered by Community Server (Commercial Edition), by Telligent Systems