Goldman Sachs launches recession warning
A year after the outbreak of the crisis of subprime mututi, those at high risk, the American investment bank Goldman Sachs sees prospects for the global economy just hopeful.
According to the U.S. bank a large number of countries, amounting to half of the world economy, particularly the U.S., Japan, Euroland and the UK are in recession or risk significant recession in the months to come, "as he writes London economist Binit Patel as the agency Bloomberg reported.
According to Patel, the probability of a global recession, however, does not exceed 20%, given that China should continue to run at a rate of about 10% this year and the next. "The continuous expansion and robust, although the slowdown, China and other emerging countries - according to Goldman economist - will lead the global growth to 3.9% this year and 3.6% next.
Sharp rebound in oil prices. The price of the derivative on gold black reached the level of $ 122.02 a barrel, the highest of the last two weeks and a half on intraday basis. To contribute to rising prices, the trader explained, the tensions between Russia and the Western community, but especially bets by hedge funds that the fund price may have been reached last Friday at $ 111.34 a barrel .
In the first six months of 2008 the consumer price of diesel cars rose by 31.1% and that of gasoline by 12.5 percent. Lo rende noto l'Unione Petrolifera.
- Posted in economy, investment, GDP












