1. As interest rates on the benchmark securities rose, so would rates worldwide, curbing economic growth and possibly triggering a global slump. 2. But European and Japanese leaders played down expectations that wealthy countries would act in concert to address the worsening global slump. 3. For example, the global slump in the semiconductor industry since the spring has shaken Osaka-based electronic makers, Kinoshita said. 4. Guinness said the results show that demand is recovering after a global slump in liquor consumption, and it can now reap the benefits of higher marketing spending. 5. Investors said they expect the global slump -- and the resulting surge in bonds -- to last another three to four weeks. 6. Rather, it is that the global economic slump has finally reached Kazakhstan. 7. Semiconductor makers are racing to adjust production and inventories to compensate for the global slump, a government spokesman said. 8. Such openness has spurred their growth for several decades, but it also leaves them vulnerable to a global slump. 9. That is because it is being hit hard by the sharp economic slowdown in America and the global slump in technology. 10. The bank welcomes the recent U.S. interest rate cuts and Japanese fiscal package but calls for further measures to avert a deep global slump. |