Archive for September 2nd, 2009
Is the recession thawing?
Posted in the United Kingdom category on September 2, 2009

Adam Kaye - UK Managing Director
So are the economies of the world starting to strengthen?
Many analysts, financial institutes and economist have been predicting a worldwide ‘out of recession’ date as 2nd quarter of 2010, but is this just guess work and are we seeing signs of this happening as we speak?
In recent weeks we have seen Germany and France exit recession, China’s already great GDP numbers strengthen, Russia has called the recession over, UK and US declines have slowed and the economies even showed a slight gain, even Spain can now see the end of the tunnel. Poland’s economy grew last month as figures start to raise once again.
So, has the wind changed direction?