Wave of optimism heralds a return to worldwide growth - #economy #recovery


	Wave of optimism heralds a return to worldwide growth - #economy #recovery

JICWyllie

8-20-2009 8:14 AM

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tags:

1-recovery, 1-spending, 2-increase, 3-forecast, 3-reported, 4-intl

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8-20-2009 1:00 PM

chiggles

worldwide growth? that's surer doom than collapsing economies!

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<div style="margin: 12px 0px; font-family: arial; color: #333333; background: #ffffff; border: solid 4px #e5e5e5; width: 100%; clear: left;"><div class="CM_CTB_Content_Wrap" style="margin: 0px; padding: 0px;background-color: #ffffff;"><div style="border-bottom: solid 1px #dcdcdc; white-space: nowrap; margin-bottom: 8px; background-color: #eeeeee ;background-image: url(http://clipmarks.com/images/source-bg.gif); background-repeat: repeat-x; height: 24px; line-height: 24px; vertical-align: middle; padding-bottom: 4px; color: #666666; font-size: 10px;" ><a href="http://clipmarks.com/clip-to-blog/" title="see clips that are hot right now"><img src="http://content.clipmarks.com/blog_embed/33c84955-c072-4e23-babb-29bbb4784309/73FC50A9-9483-4021-9B9D-7B1EBC0496BF/" alt="" width="19" height="19" border="0" style="vertical-align: middle; margin: 0px 4px; display: inline; border: none; float:none;" /></a>clipped from <a title="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html" href="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html" style="font-size: 11px;">www.independent.co.uk</a></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html"><P class="tagline">OECD says world's 30 leading economies have stopped contracting; Bank of England and CBI see signs that the British economy is stabilising</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html">The IMF's chief economist, Olivier Blanchard, was also bullish, saying: "The recovery has started. Sustaining it will require delicate rebalancing acts, both within and across countries", though there are "deep scars" that would take years to heal. And, while warning that the recovery has only arrived thanks to a "gusher of federal money", the legendary investor Warren Buffett agreed that "the United States economy is now out of the emergency room and appears to be on a slow path to recovery". </blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html"><P class="font-null">These optimistic noises come as separate surveys from the Bank of England and the CBI indicated that the UK has almost certainly seen the worst of the recession, and may soon return to growth. The CBI's industrial trends survey was the least negative since June 2008.</P></blockquote><div style="height: 2px; font-size: 2px; background: #dcdcdc; border-bottom: solid 1px #f5f5f5; margin: 2px 4px;"></div><blockquote style="text-align: left; padding: 0px 8px; margin: 4px 0px 8px 0px; background: transparent; border: none;" cite="http://www.independent.co.uk/news/business/news/wave-of-optimism-heralds-a-return-to-worldwide-growth-1774532.html">The Bank's regional agents' survey said that consumer spending had continued to stabilise</blockquote></div><div style="margin: 0px 6px 6px 4px;"><table style="font-size: 11px;border-spacing: 0px;padding: 0px;" cellpadding="0" cellspacing="0" width="100%"><tr><td style="background:transparent;border-width:0px;padding:0px;">&nbsp;</td><td align="right" style="background:transparent;border-width:0px;padding:0px;width:107px" width="107"><a href="http://clipmarks.com/share/73FC50A9-9483-4021-9B9D-7B1EBC0496BF/blog/" title="blog or email this clip"><img src="http://content9.clipmarks.com/images/c2b-foot.png" border="0" alt="blog it" width="107" height="17" style="border-width:0px;padding:0px;margin:0px;" /></a></td></tr></table></div></div>

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