Sunday, September 30, 2007

Recession in USA Latest Update.

Greenspan talks down US recession risk (Adelaide Now)

THE probability of a recession in the US has increased but is still less than 50 per cent, former US Federal Reserve Chairman Alan Greenspan said in comments overnight.

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US recession gauges send mixed signals (Gulf Times)

WASHINGTON: Recession talk is heating up as the slumping housing market threatens to shackle free-spending consumers, yet stocks remain near record highs, indicating that many investors see little cause for alarm.

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Greenspan says US recession more likely (Guardian Unlimited)

Former Fed chairman Alan Greenspan says the risk of a US recession has increased, and denies regulators were caught unawares by the problems which caused the global credit crunch. By Julia Kollewe.

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(AFX UK Focus) 2007-09-28 12:01 GMT: Stockholm shares weaker midday as Greenspan warns of raised US recession risk (Interactive Investor)

STOCKHOLM (Thomson Financial) - Stockholm shares were marginally lower on nervousness after former US Federal Reserve chairman Alan Greenspan warned that the chances of a recession in the US have increased, and said he is more pessimistic over the outlook for the world economy.

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US rate-cut optimism propels Asia higher (Taipei Times)

Asian stocks climbed this week, driving a regional benchmark to a record, on speculation the US Federal Reserve will trim borrowing costs to help avert a recession in the world's biggest economy.

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