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European airlines are currently feeling the effects of the global economic crisis, as seen in passenger traffic figures. It was reported that British Airways' traffic was down by 8.6% in September 2008 compared with the previous year. It is believed that the company may be among the more vulnerable to upheaval in the financial markets.

The U.S. gross domestic product (GDP) growth rate rose to a more favorable 3.4% in the April-to-June 2007 period, as demands for U.S. exports continue to rise. Unemployment rate rose from 4.5% to 4.6% slowing down manufacturing and non-manufacturing gains, while the weakening of the housing market and rising credit concerns will just allow GDP growth to be a little above 2% towards the end of the year. 2008 is expected to be more favorable for the country's economy as interest rates will be kept at bay by the Federal Reserve.

The deterioration of economic conditions in the OECD area has worsened growth prospects in the non-member economies, and this trend can only be aggravated by the 11 September terrorist attacks [...]

The economic setbacks affecting Thailand, Malaysia and the Philippines caused advisers and analysts to review their forecasting for the new vinyl chloride monomer (VCM) and its derivative market, polyvinyl chloride (PVC). Yearly growth rates predicted for Asia-Pacific for the vinyl chains are being reduced to 4% to 5% from 7% to 8%.

* Americans may be panicked about the fiscal cliff, but businesses are confident consumers will keep spending. Inventories rose 0.7 per cent in [...]

Dining options are being re-evaluated at colleges and universities throughout the U.S. due to the economic downturn. HARVARD, for example, will replace hot breakfast items with continental-breakfast operations in some [...]

We have all heard that the apocalypse is upon us. Markets in North America and around the world have fallen by more than 40 per cent and 2008 posted the [...]

The Great Depression has suddenly become all the rage as a marketing theme. So, are we just supposed to sit back and take it? Romantize it? Make it warm and [...]

"The automotive industry is a small piece of our economy and the U.S. Big Three are shrinking as foreign manufacturers are setting up jobs in the U.S. In the long […]

The fourth-largest nonprofit organization in Baltimore, Catholic Relief Services, has cut 70 jobs and plans to freeze salaries in 2009 in preparation for shrinking donations amid an economic downturn. CRS executive vice president for human resources Dave Piraino says that the agency is planning to reduce worker benefits to avoid layoffs in 2009. The effect of the economic downturn on CRS is examined.

Royal Caribbean International, together with Azamara Cruises and Celebrity Cruises, has rolled out a support initiative for its travel agent partners. The Agent Support Action Program (ASAP), which aims to help travel agents during the economic downturn, offers incentives, lower deposits, and bigger commissions. Details of ASAP's features are given.

It's a scary time right now. We're approaching the holidays, a time when we should be carefree and getting ready to celebrate, but the economy is an ugly mess and [...]

The economic downturn seemed to take a while to hit the Pacific Northwest, but it has taken its toll on Brian Petoletti's Shell Creek Grill & Wine Bar in Edmunds, [...]

David Metcalf, the UK government's chief immigration adviser believes that the debate on immigration needs to shift away from capping numbers in order to focus in how long work permits are issued for. He also mentioned that the economic downturn and rising unemployment would not affect the roll out of tier to of the points-based system for skilled non-European Union immigrants.

Things aren't going well for the American economy right now. You might have noticed. But look on the bright side! The Great Depression 1.0 inspired tremendous works of art: From [...]

Robin Wood, managing director of Career Management Consultants, has mentioned that the economic downturn has prompted several organizations to make plans to cut staff. Peninsula, a law firm, has released a survey of 1,403 employers showing that 88% believed the credit crunch was having a negative effect on business.

THE RECESSION HAS FORCED most IT organizations to cut their budgets, projects and staffs. Companies often believe that by putting all IT expenses into a single budget and squeezing that […]

The Management-ERG index of economic activity for New Zealand showed some recovery in May. Building approvals for new dwellings and new motor vehicle registrations both increased in May. The New [...]

The Management-ERG index of economic activity in Australia remained steady in May with falls in exports and imports offsetting a fall in unemployment and increases in car sales and building [...]

The turnaround of the software firm MapInfo Corp. to profitability is discussed. The companies which survive through the tough times learn valuable lessons.

THE IMF APPROVED A NEW $12bn loan to Turkey on February 4, raising the lender's Turkish credit portfolio to $31bn and making Ankara the greatest recipient of IMF loans ever. [...]

The overall economic experience of Japan among all industrialized countries id discussed. The problems faced by Japan for lower economic performance are described.