Tag Archives: First Three Months

Japan is officially in recession. The devastating Earthquake and Tsunami has pushed Japan into worst stage of recession. The technology boom Japan was the one of the few countries that  battled out the 2008/2009 recession thereby giving hope for the other countries to battle out recession. However, Japan has become the first country to enter Recession this year 2011. According ... Read More »

The German economy grew by 2.2% in the three months to the end of June, its fastest quarterly growth in 20 years, official figures show. “Such quarter-on-quarter growth has never been recorded before in reunified Germany,” the national statistics office, Destatis, said. The main reason for the higher-than-expected growth was strong exports, helped by a weaker euro. Separate figures showed ... Read More »