The downturn in national production is reflected in most sectors of the economy.

And there is a slight downturn.

Despite the downturn, building industry continues to be a major employer in the Territory.

All countries should attack the cause of that downturn in a spirit of global cooperation.

It would fall into arrears once again if there was a downturn in special projects.

As the United States is restoring full employment, the economic downturn is inevitable.

Now you see this slight downturn at very advanced ages.

However, the downturn in the sector is mainly attributable to a fall in the number of Japanese tourists, the mainstay of the industry.

In that connection, the current downturn in the percentage of GNP allocated to official development assistance was a continuing cause for concern.

In the last three years, I've traveled to 45 different countries, working with schools and companies in the midst of an economic downturn.

None of these risks implies that the monetary union will inevitably be a victim of this severe economic downturn. But the downturn will be a more severe test for the euro than any that it faced during its first ten years.

22. This process had begun to reverse itself as early as 1993 and was accelerated by the downturn in the level of activity.

The company said additional cuts would give the company the room needed to move through the market downturn.

The eight new CEE member countries of the European Union (EU) the group mostly affected by the downturn in 2003 experienced the most vigorous increase.

During 2002 2003, forms of state support were affected by a series of budget cutbacks leading to a downturn in the nation's economy.

After a downturn caused by the recession, CO2 emissions were 8 per cent higher in 1994 than in 1990, but for 1995 they were at the 1990 level.

In short, the downturn in house prices will not be limited to the US. And, on both sides of the Atlantic, that decline is likely to undermine consumer spending.

In short, the downturn in house prices will not be limited to the US. And, on both sides of the Atlantic, that decline is likely to undermine consumer spending.

Alternatively, in a moderate export downturn scenario, with real exports falling by 5 over a four quarter period, real GDP growth could slip below the 1 stall speed threshold leaving the US economy vulnerable to a recessionary relapse. By way of reference, the assumption of a 5 export downturn pales in comparison with the precipitous 13.6 decline in real exports that occurred in 2008 2009.

Despite the considerable progress achieved primarily in the fight against poverty and famine in Asia all reports draw attention to the extremely alarming and unacceptable downturn in several parts of Africa.

That very human lesson, more than 20 years ago, served me well during the last economic downturn we had.

The current downturn, already a half decade long, will not end any time soon. That, in a nutshell, is what the Fed and the ECB are saying.

In many cases, because of the general economic downturn, States may not have adequate funds to keep talented people working for Government, whether in the police, the courts or the prison service.

The Monitoring Group believes that the effect of this action is a noticeable downturn in arms shipments reaching BAM and of sales to key opposition members buying there.

So the right s turn in government was followed by years of stagnation and exploding unemployment. Unable to cope with the downturn, the right was replaced by another SLD led government in 2001.

Yet Turkey has made remarkable strides in the midst of regional upheavals. After a sharp downturn in 1999 2001, the economy grew by 5 per year on average from 2002 to 2012.

A second reason for relatively low inflation in recent years has been a temporary fall in the cost of production. As firms shed workers during the economic downturn, output fell more slowly.

In earlier crises, as in East Asia a decade ago, recovery was quick, because the affected countries could export their way to renewed prosperity. But this is a synchronous global downturn.

Deflation is potentially a very serious problem, because falling prices and the expectation that prices will continue to fall would make the current economic downturn worse in three distinct ways.

Despite another technological revolution, productivity growth is slumping again. And this time the downturn is global in scope, affecting the world s two largest economies, the US and China, most of all.

August 12 report on Cankaoxiaoxi website Japan's largest oil company JX Energy believes that China's export expansion is one of the reasons for the market downturn.

The story of the US is, indeed, one of two economies. There is a smaller one that is slowly recovering and a larger one that is still in a deep and persistent downturn.

Voluntarily funded organizations such as UNHCR are particularly vulnerable to the risk of a downturn in income, which could lead to significant expenditures in termination costs, while no funds are set aside to cover them.

Combined with widespread natural disasters in the mid 1990s and limited interaction with the world economy, this led to a sharp economic downturn seriously constraining the Government's ability to feed and care for its people.

The resulting recession might fuel further pessimism and cutbacks in spending, deepening the downturn. A US in recession would no longer serve as the world s importer of last resort, which might send the rest of the world into recession as well.

It is reported that, despite the international economic downturn, the devaluation of the Russian ruble and overseas remittance reduction and a series of other adverse external factors, 6 growth was still achieved in the economy development of Tajikistan in 2015.

Today s financial turmoil and economic downturn are highlighting the EMU s advantages in several important ways. First, the euro has eliminated the possibility of exchange rate turbulence and speculative currency attacks that more vulnerable economies could have expected in the current turmoil.

So there is still much to worry about. But the US economy has a better chance of achieving a significantly higher real growth rate in the coming year than at any time since the downturn began.

In the US, we can already see signs that the downturn that started in 2008 is casting its shadow on the future. Reputable forecasters both private and public have been revising down their estimates of America s potential long run GDP.

In addition, studies confirm that whereas remittances have been positively correlated to growth in host countries, they tend to be counter cyclical in nature, as emigrants tend to send more money in times of economic downturn in their homelands.

The question is how long and deep this downturn will be. In spite of some spring sprouts, we should prepare for another dark winter it s time for Plan B in bank restructuring and another dose of Keynesian medicine.

The recent downturn in France s industrial output has created large trade deficits, and is undermining the competitiveness of small and medium size enterprises. Unemployment stands at about 11 , with a record high 3.3 million workers registered as jobless in October.

Under the existing regime, the country had been on a rapid downward spiral of the kind that has now become familiar in Greece and elsewhere in Europe. Unemployment was soaring, and austerity, rather than restoring fiscal balance, simply exacerbated the economic downturn.

Asians need not be pessimistic the perfect storm of a hard landing in China, a double dip recession in the United States, and a collapse of the eurozone is unlikely. But they cannot rule out the downside risk of a synchronized global downturn.

Typically, the leaders gathered there share their optimism about how globalization, technology, and markets are transforming the world for the better. Even during the recession of 2001, those assembled in Davos believed that the downturn would be short lived.