PDA

View Full Version : Japan, Germany & France leave recession


-:Undertaker:-
17-08-2009, 02:06 AM
Japan has come out of recession after recording growth of 0.9% in the April-June quarter, compared with the first.

The economy - the world's second-largest - had shown four consecutive quarter-on-quarter contractions.
Correspondents say the rise is due to a huge stimulus package and it is unclear whether the momentum will be sustained. Recent figures have shown other nations coming out of recession, including Germany, France and Hong Kong, a sign the global slowdown is easing. However, the Nikkei Stock Average has been unimpressed by the latest figures - in early morning trading in Tokyo the index was down more than 2%.

The worlds second biggest economy (Japan) is now out of recession, along with the European mainland great power/s of Germany and France.
Alkaz
17-08-2009, 02:09 AM
Hopefully, the world will start to pull its self out of it.
Misawa
17-08-2009, 02:12 AM
Things have been getting better for a while now, hopefully we're coming to the end.
-Heart
17-08-2009, 02:17 AM
Finally some good bloody news :rolleyes:.
Niall!
17-08-2009, 02:08 PM
Good, finally us anime lovers will get some DECENT anime now.
Geraint
17-08-2009, 02:20 PM
Our economy fell again and their's rose. Germany's recession was worse than ours aswell.
Fehm
17-08-2009, 02:59 PM
Can I ask, this may sound stupid. but when where out of it, what will it mean, e.g. How will it affect our daily lives? Will prices go down or what?
GommeInc
17-08-2009, 03:22 PM
Supposedly down. Although there's the idea of interest rates going up so that savers who have lost out throughout the recession can regain their lives again.
LuketheDuke
17-08-2009, 05:44 PM
Japan have actually been in recession for an awful long time if im right in thinking.
Agnostic Bear
18-08-2009, 02:48 PM
oh god when did we have a recession i didn't notice
Sammeth.
18-08-2009, 06:07 PM
see ya recession
Chippiewill
20-08-2009, 10:47 AM
oh god when did we have a recession i didn't notice

I'm with you, what bloody recession? Although it's good that I will get my savings interest up since I have a lot of money that I want a high interest for.
PaulMacC
20-08-2009, 11:20 AM
Im going to go to Japan one day.
On a better note, no more anime fillers.

Want to hide these adverts? Register an account for free!