The USA approaches recession

Note: This section contains information in English only.
Source: Bloomberg
Bill Gross, co-founder of Pacific Investment Management, stated on Monday, July 16, that the USA is just near recession period. Commerce Department presented readings, showing that retail sales declined by 0.5% in June. Moreover, employment increase did not reach its estimated level. Citing Labor Department report, 80 000 people were newly employed in June 2012, though the projected increase was 100 000. Government securities had the lowest yearly increase of 5.2% since 2009.
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Tue, 17 Jul 2012 14:52:14 GMT

Investor confidence continues to fall as global growth slows

German investor confidence continues to decline for several months in a row. Index of analysts and investors expectations published by Mannheim-based Center for European Economic Research declined from 16.9 below zero in June to -19.6 in July. This reading shows predicted economic development. Austerity measures in Eurozone are slowing global growth significantly. Moreover, on Monday, July 16, the IMF decreased the following year's global growth forecast from

Tue, 17 Jul 2012 10:54:13 GMT

UK inflation slows to a record low

The Office for National Statistics announced today in London that UK inflation fell in June. In May 2012 consumer prices increased by 2.8%, whereas in June inflation reached two and a half year low of 2.4%. Clothes and Footwear prices declined by 4.2% in June, the biggest loss for this month in UK's modern history. Core inflation, the one that excludes food, tobacco, alcohol and

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