1. According to Samuelson, there would be nothing unprecedented about the possibility of a synchronized global downturn. 2. All the world seems to be thumping on Japanese politicians these days, trying to get them to restructure the economy and reduce the risk of a global downturn. 3. Broadly, three reasons explain why Australia was able to shrug off the global downturn. 4. But the Australian telecommunications industry has weakened considerably since then, part of a global downturn. 5. Companies stung by the global downturn are cutting jobs and shutting factories. 6. Demographics too will support growth through a global downturn. 7. Everyone from corn and soybean farmers to hog producers and apple and cranberry growers has been feeling the effects of a global downturn in agricultural commodities. 8. He was referring to the huge gap between European and American views of the severity of the global downturn. 9. However, despite the global economic downturn and an uncertain advertising market, results this fiscal year will be flat against the prior year, he predicted. 10. It came despite calls for the bank to cut rates quickly to help fend off a global economic downturn. |