Articles About Global Recession

The three gases that contribute the most to global warming rose to their highest levels ever, according to the United Nations (UN). Carbon dioxide, the most significant heat-trapping gas, rose 0.59 percent to 389 parts per million molecules of air, the UN’s World Meteorological Organization (WMO) said.  Methane rose 0.28 percent to 1,808 parts per […]

The economic forecast for 2009 is bleak, although it’s possible that recovery will begin mid-year. This is the opinion of William Strauss and Rick Mattoon, senior economists with the Federal Reserve Bank of Chicago. “We are predicting that 2008 will yield real GDP of 0.2 percent and that 2009 will be 0.7 percent,” Strauss said. […]