USEUROPEAFRICAASIA 中文双语Français
Home / Sports

World economies limp toward Xmas

China Daily | Updated: 2008-12-24 08:06

The world's economies limped toward Christmas yesterday, with Britain contracting more sharply than first thought, New Zealand's recession deepening and a sharp US decline.

US GDP figures showed a 0.5 percent slide by the world's biggest economy, more evidence that global stimulus measures, bank bailouts and interest rates heading for zero may not prevent the worst downturn in decades.

The British economy shrank by 0.6 percent in the third quarter, revised data showed, the worst quarterly decline since 1990 and worse also than the earlier 0.5 percent estimate.

World economies limp toward Xmas

Today's Top News

Editor's picks

Most Viewed

Copyright 1995 - . All rights reserved. The content (including but not limited to text, photo, multimedia information, etc) published in this site belongs to China Daily Information Co (CDIC). Without written authorization from CDIC, such content shall not be republished or used in any form. Note: Browsers with 1024*768 or higher resolution are suggested for this site.
License for publishing multimedia online 0108263

Registration Number: 130349
FOLLOW US