“Recession” in the news
Publications and example sentences
The New York Times
· What Is the Stock Market Even for Anymore? →
In the years since the Great Recession, Silicon Valley had eclipsed Wall Street as an object of public ire.
The New York Times
· Can America’s Middle Class Be Saved from a New Depression? →
Comparing establishments that existed in 2002, 40 percent of white-owned businesses and 51 percent of black-owned ones did not survive the 2008 recession.
· Latam becomes largest airline driven to bankruptcy by coronavirus →
Latam was born in 2012 through a merger between Chile's LAN and Brazil's TAM, spawning a carrier with large aircraft order books and major exposure to Latin America's top economy as it went through its worst recession on record.
· Japan eyes fresh US$1.1t stimulus to combat pandemic pain →
Japan's economy slipped into recession for the first time in 4-1/2 years in the last quarter, putting the nation on course for its deepest postwar slump as the virus hurts businesses.
· Australia records youngest coronavirus victim with death of 30-year-old →
Still, several state and territory borders remained closed, raising tensions between officials as the focus shifts to reviving the economy, facing its first recession in three decades.
· EU's Von der Leyen to unveil trillion-euro recovery plan →
The global coronavirus outbreak has thrust the EU into its deepest ever recession, and Von der Leyen's proposal will set out to help the worst affected countries.
· OFS Capital: Vote No →
This stark contrast may represent a significant opportunity depending on how deep and long the reader expects the COVID-19-induced recession to be.
· Airline Round-Up In Coronavirus →
While there is no historical event that provides a direct predictive model as to demand recovery for the airlines, a combination of 9/11 and the Great Recession casts some light.
· LATAM becomes largest airline yet driven to bankruptcy by coronavirus →
LATAM was born in 2012 through a merger between Chile's LAN and Brazil's TAM, spawning a carrier with large aircraft order books and major exposure to Latin America's top economy as it went through its worst recession on record.
· American Woodmark Corporation (AMWD) CEO Cary Dunston on Q4 2020 Results - Earnings Call Transcript →
Although businesses are starting to reopen and we will see a surge in many areas, most businesses are not rehiring to the level they had prior to the recession.