Want this question answered?
As a result of a downturn in the worlds economic activity the demand for crude reduces causing the price to go down.
The closure of the Talbots company including their Kids division is largely speculated to be due to the economic crisis in 2008. Whether or not the company had problems before the economic downturn is unknown.
The 2008 United States economic downturn was classified as a recession. A recession is defined as negative GDP growth for 2 or more consecutive quarters. In 2009 there was 3 quarters of negative growth before positive GDP began.
In an effort to create stability in the financial markets with the housing and mortgage downturn in 2007 the Federal Reserve System - Has introduced a stimulus package worth $700 billion called the Emergency Economic Stabilization act of 2008
Because Corzine made that promise before this economic downturn.
Like all of the car manufacturers Honda was not immune to the economic downturn of 2008. Although Honda has started to bounce back the Japan earthquake has limited production keeping the stocks low.
economic growth of India in 2008
Zimbabwe
Spaniards enjoy eating out immensely and, especially in the summer, will meet large groups outside on the terrace of a popular restaurant. However, with the economic downturn in Spain (the 2008 Crisis is still continuing there), eating out has decreased as people can ill-afford it.
TNA Impact - 2008 VG was released on: USA: 9 September 2008
Paul Krugman won The Prize in Economic Sciences in 2008.
Malay Kiran Majmundar has written: 'Assessing the impact of severe economic recession on the elderly' -- subject(s): Congresses, Recessions, Global Financial Crisis, 2008-2009, Economic conditions, Older people