timesonline.co.uk
Jul 26, 2008
Economics World trade Hope that a breakthrough had been achieved at the world trade talks in Geneva galvanised the top negotiators yesterday evening to continue talks into the night with the expectation that a deal might be sealed on the Doha trade round within the next four days. GDP growth The economy all but ground to a halt in the past three months. Economists said that the odds on Britain sinking into recession rose sharply yesterday after official figures showed that economic growth dropped to a meagre 0.2 per cent in the second quarter, from an already lacklustre 0.3 per cent in the previous three months. The US housing slump showed no signs of abating after the number of homeowners facing foreclosure more than doubled during the second quarter of the year. One household in every 171 received a foreclosure notice...
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