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Bank stress tests: too little too late

April 17, 2009

Giving banks a stress test now is like testing for cardiovascular problems while a patient's having a heart attack. WSJ economics editor David Wessel explains.

Jobless threat makes mockery of US “rebound”

April 16, 2009

The latest so-called "Beige Book" from the US Federal Reserve is the most 'cheery' in months, despite the imminent threat provided by unemployment.

Chinese GDP slows again, panic to ensue

April 16, 2009

There's news that the Sino economy slowed again in the March quarter, with China's GDP showing the slowest rise in a decade.

Somali pirates are pulling in the profits

April 16, 2009

Crunching the numbers on piracy shows Somalian swashbucklers could be pulling profits of $120 million a year.

GM bankruptcy will tell the tale

April 15, 2009

The surge in markets and the increasingly optimistic tone in official comments won't be worth much if the US economy fails to absorb the looming bankruptcy at General Motors.

Global advertising market trashed, again

April 15, 2009

Global advertising spending will suffer the biggest fall in almost 30 years in 2009.

Obama’s “glimmers of hope”: optimists v pessimists on the GFC

April 15, 2009

In light of President Obama's Pollyannaesque comments on the GFC, Crikey has pulled together a collection of glass half full and half empty types on the state of the global economy.

More men getting the chop

April 14, 2009

The recession is apparently causing an upswing in vasectomies. Erm.

A bit on the side

April 14, 2009

50 business ideas to see you through the global financial crisis from antique restoring to wedding planning.

Sackings multiply as recession bites hard

April 14, 2009

The slight improvement in business confidence in the latest National Australia Bank survey belies Qantas's decision to slash its workforce.