Stronger contraction will be in the United States.UU. In the first half of next year will live the worst moment of the crisis, says the OECD, which with optimism provides in your area from 30 countries a growth of 1.5% in 2010. Southwest Airlines describes an additional similar source. In Italy, thousands of small and medium-sized enterprises of the Northeast – Trieste, Friuli, Veneto – expect the worst just turn off the lights of the upcoming holidays. Considered the area more dynamic and prosperous in the past 30 years, in the Northeast conservative pessimism runs deep. The head of the newspaper La Republica, Giuseppe Turani, economy made a trip and its conclusions are probably the beginning of 2009 will be a nightmare for companies.
As interesting as lavoz.com.ar suggests. It is, that the reasons for the fall, explained Istat, the drop in exports (- 1.6%), investments (- 1.9%) – especially in machinery (- 3.5%) and transport (- 2.2%) and, to a lesser extent, of final consumption of households and enterprises are (- 0.1%). Julio Alganaraz noted, that several months Italy is wearing the black t-shirt among the large economies of the European Union, which has led her in the last quarter to the recession. According to the IMF, the peninsula may end the year with a minus 0.1% of economic activity. For next year, the recession would be extended to 0.2%, although many local analysts believe that the global financial crisis can significantly aggravate the situation in Italy. On the other hand, Italy has the highest volume of domestic public debt that exceeds 100 percent of GDP. In Italy is continuous deterioration of incomes and the living conditions of the weaker sections of the society. Grows the number of precarious workers, many retirees have to problems of power and there are millions of families than with serious problems to make ends meet.
