The German economy tipped into recession in the third quarter as weakening exports fueled a decline in national output.
The German economy tipped into recession in the third quarter as weakening exports fueled a decline in national output.
Industrialized countries are facing a major slowdown, the O.E.C.D. predicted, as data showed that Germany had already entered a recession.
Industrialized countries are facing a major slowdown, the O.E.C.D. predicted, as data showed that Germany had already entered a recession.
Industrialized countries are facing a major slowdown, the OECD predicted as data showed that Germany had already entered a recession.
The Russian president is pressing ahead with a national plan to combat corruption, noting that business had become infuriated by corrupt bureaucrats.
The Russian president is pressing ahead with a national plan to combat corruption, noting that business had become infuriated by corrupt bureaucrats.
The Russian president is pressing ahead with a national plan to combat corruption, noting that business had become infuriated by corrupt bureaucrats.
The Russian president is pressing ahead with a national plan to combat corruption, noting that business had become infuriated by corrupt bureaucrats.
Growth among the leading industrialized countries will slip this year and next, but a serious recession or inflation spiral should be avoided, the organization said.
A series of bribery investigations at leading European companies has helped to accelerate compliance with global anti-corruption standards, legal analysts and international regulators say.