US, Global Economic Reports Are Mixed
81 views · Published 14 August 2009 · 2:30 · Indexed 20 September 2026
Channel: Voice of America · 2009 · News & Politics
There is cautious optimism in European markets after new figures released Thursday showed the recession easing in Germany and France. Reports show the GDP (Gross Domestic Product) in the two largest economies in Europe rose three-tenths of a percent in the second quarter, boosting hopes of an early recovery in the broader Euro-zone. In the U.S., the economic picture also appears to be improving despite troubling new worries about the nation's burgeoning deficit and rising home foreclosures. VOA's Mil Arcega has more.
