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Global economy ‘will start to recover in 2010’
The battered global economy faces a difficult year but will begin a recovery in 2010, the European Central Bank president said on Friday.
The battered global economy faces a difficult year but will begin a recovery in 2010, the European Central Bank president said on Friday.
Japanese industrial production fell 9,6% in December and core inflation almost evaporated, reinforcing expectations of a record economic contraction.
Japan plans to use public money to help the companies hardest hit by the global financial crisis.
Japan reported its sharpest crash in business sentiment in three decades on Monday and industrial output in China grew at its slowest pace since 1999.