Dissecting the recession presentation

Tutor2u presentation:

http://www.tutor2u.net/economics/presentations/workshops2010/AS1/player.html

UK economy 'best in Europe'

The UK is in the best shape out of all the economies in Europe, according to a leading economist.Paul Krugman, who won the 2008 Nobel prize for economics, said that the UK's economic policies had been "pretty good" and called them "intelligent".

http://news.bbc.co.uk/1/hi/business/8099408.stm

Recession cuts the US trade deficit in half

There has been a remarkable turnaround in the size of the monthly trade deficit in goods for the US economy.

http://www.tutor2u.net/blog/index.php/economics/comments/recession-cuts-the-us-trade-deficit-in-half/

Russia's economy in freefall

Russia's economy is expected to shrink by six per cent this year. It is a dramatic turnaround from just a few months ago when it was predicted to grow by five per cent. Unemployment is rising by more than half a million a month. The result can already be seen on the streets of Moscow's soup kitchens.

http://news.bbc.co.uk/1/hi/world/europe/8017994.stm

How the UK is doing in the recession

Channel 4 video clip on how the UK is coping with the recession.

http://link.brightcove.com/services/player/bcpid1184614595?bctid=20970547001

Opportunities in a recession

Report on the recession from Portrush in Northern Ireland.

http://news.bbc.co.uk/1/hi/northern_ireland/7851321.stm

Is the port of Felixstowe a guide to the rest of the country?

The port of Felixstowe has seen a 20% decrease in the amount of traffic passing through over the past six months. During previous downturns the port continued to grow, albeit slowly, as Richard Bond explains.

http://news.bbc.co.uk/1/hi/business/8016941.stm

How the recession is affecting different parts of the UK

Taking the economic pulse from around the country. BBC News correspondents across the country are finding out how badly each region is being affected by the downturn.

http://news.bbc.co.uk/1/hi/business/8015082.stm

Survival tips for getting through a recession

Businesses are not short of advice - good, bad and downright daft - for getting through the downturn. This piece in the Telegraph has some pretty sensible suggestions for what entrepreneurs and managers need to do…

http://www.tutor2u.net/blog/index.php/business-studies/comments/9-business-survival-tips-for-getting-through-the-recession/

Recession cartoon

World growth worst for 60 years

World economic growth is set to fall to just 0.5% this year, its lowest rate since World War II, warns the International Monetary Fund (IMF).
In October, the IMF had predicted world output would increase by 2.2% in 2009.
It now projects the UK, which recently entered recession, will see its economy shrink by 2.8% next year, the worst contraction among advanced nations.
http://news.bbc.co.uk/1/hi/business/7856020.stm

Pay cuts in a recession

Pay cuts and pay freezes are being flagged up as an increasingly common option by businesses struggling to survive in the early stages of the recession. Formula 1 drivers are being asked to consider cuts in their earnings as teams look to control costs ahead of the 2009 season
http://www.tutor2u.net/blog/index.php/economics/comments/pay-cuts-in-a-recession/

The danger of wage cuts

A few weeks ago JCB workers offered to take a pay cut in a bid to prevent hundreds of job losses – their stance was admirable but such has been the drop in demand for JCB’s products that the redundancies went ahead anyway.
http://www.tutor2u.net/blog/index.php/economics/comments/the-dangers-of-wage-cuts/

Wanna job? Get down to McDonalds

Two contrasting stories about the employment market recently illustrate really well how different businesses are coping in the economic downturn…
http://www.tutor2u.net/blog/index.php/business-studies/comments/wanna-job-get-down-to-mcdonalds/#extended