Manufacturing activity at 26-year low

Eurozone edges towards recession

The worst financial crisis for generations has driven the European economy to the brink of recession and economic growth will come close to a standstill in 2009, the European commission has warned.

http://english.aljazeera.net/news/europe/2008/11/2008113141716299179.html



Manufacturing activity at 26-year low

Business research group says its index fell to recessionary level. - Employment in the manufacturing sector fell for the third month in a row.

http://money.cnn.com/2008/11/03/news/economy/ISM_October/



Debt linked to huge buyouts is tightening the vise

"There's absolutely going to be a lot of pain to go around," said Josh Lerner, a professor of investment banking at Harvard Business School. "The big question is how apocalyptic it will be."

http://tinyurl.com/6ex4gr


From Information Clearing House



http://freepage.twoday.net/search?q=recession
http://freepage.twoday.net/search?q=financial+crisis
http://freepage.twoday.net/search?q=employment
http://freepage.twoday.net/search?q=buyout

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