IMF Europe director Antonio Borges warned on Wednesday that a global recession in 2012 'can't be ruled out', citing a possibility that 'activity will turn downwards'.

The IMF released its economic ou

Human feces is one of the best-known biofertilisers. Taking a cue form this, US is trying hard to harvest its clogged economy on the backsides of babies.

According to AdAge, US mothers spent 9 per c

The world economy is stepping into a ‘new danger zone,’ World Bank President Robert Zoellick said on Saturday, as growth slows and investor confidence weakens.

Speaking in Beijing, Zoellick urged Eur

Record-breaking gold topped $1,900 per ounce on Tuesday as investors sheltered from stubborn concern over a new global recession and the eurozone sovereign debt crisis, analysts said.

In early Asian

Fears of a new recession have wiped trillions of dollars in value from global stock markets in recent weeks and sent investors scurrying to assets they view as less risky.

But are 'safe havens' like

New worries that Europe and the United States are sinking into a recession roiled global stock markets on Thursday, while panicky investors pushed gold and US Treasury bonds to fresh records.

The wor

Morgan Stanley today said the United States and Europe are dangerously close to recession, blaming in part policy errors by authorities on both sides of the Atlantic.

The investment bank said a slow

Asia, including China and India, will be vulnerable if the United States and Europe slip into another recession, Singapore Prime Minister Lee Hsien Loong said on Sunday.

In his annual policy speech,

Australia's unemployment rate unexpectedly rose in July to 5.1 per cent, data showed on Thursday, hitting its highest level since November last year in a sign the mining-powered economy is slowing.

T

General Motors' chairman Dan Akerson is worried at the chances of another economic recession, he said Thursday in an interview with the Financial Times Deutscheland.

"There is a danger of a new reces