Recession

News for Recession

Obama Cuts Holiday Short to Deal with Economy

Obama Cuts Holiday Short to Deal with Economy

Despite weeks of negotiations, Obama has yet to reach a budget deal with congressional Republicans to slash the deficit., 26/12/2012 15:30
Two Large Israeli Tech Companies Announce Layoffs

Two Large Israeli Tech Companies Announce Layoffs

Cellphone company Partner, and microprocessor designer and maker Freescale are laying off workers.David Lev, 28/10/2012 20:14
Euro Zone Slips Back to Recession

Euro Zone Slips Back to Recession

Europe is slipping into a recession, according to data revealed by the European Central Bank on Wednesday.Chana Ya'ar, 05/09/2012 18:38
Afraid of a Recession? Move to Israel

Afraid of a Recession? Move to Israel

The US “slow growth” era wavers on the edge of a recession, but Barclay’s predicts the Israel economy will grow by 2.5 percent in 2012. Tzvi Ben Gedalyahu, 07/12/2011 14:04
Iran Warns Blockade Means Worldwide Recession

Iran Warns Blockade Means Worldwide Recession

Iran pulled out its “oil card” Sunday, warning the West that blockading Iranian crude will result in sky-high prices at the pump. Tzvi Ben Gedalyahu, 04/12/2011 13:58
Despite Recession Fears, Officials Get Fat Raises

Despite Recession Fears, Officials Get Fat Raises

The world's economic problems are likely to affect Israel soon, PM Netanyahu says - a day before he and other officials get salary raises.David Lev, 24/11/2011 13:13