• Most Popular
  • Most Shared

Saudi deputy cbanker says global recession on way

Mon Nov 3, 2008 5:31am EST

ATHENS, Nov 3 (Reuters) - The global economy seems to be headed for a recession of some sort, Saudi Arabia's deputy central bank governor said on Monday.

Bonds  |  Global Markets

"A global recession of some sort seems to be on the way," Saudi Arabian Monetary Agency Deputy Governor Muhammad Al-Jasser said during a speech on the global financial crisis, delivered at the Bank of Greece in Athens. (Reporting by George Georgiopoulos; Editing by Daniel Flynn)



More from Reuters

Joint Terminal Attack Controller SSgt Clinton J. Herbison, a U.S. Airman from the 817 Expeditionary Air Support Operations Squadron (EASOS) takes a break during a night mission near Honaker Miracle camp at the Pesh valley of Kunar Province August 12, 2009. Credit: REUTERS/Carlos Barria

Pictures of the Year

A look at the best photos of 2009.  Slideshow 

    The Dalai Lama jokes with a nasal spray after being asked his opinion on the swine flu during a press conference after his first lecture in Lausanne, Switzerland, August 4, 2009. REUTERS/ Valentin Flauraud

    What a wacky year it's been...

    Um, what's up the Dalai Lama's nose? "Oddly Enough" editor Bob Basler rounds up the goofiest photos of the year.  Full Article 

    A caution sign is seen next to a stock board at the Australian Securities Exchange (ASX) in Sydney September 5, 2008. REUTERS/Daniel Munoz
    Political Risk in 2010:

    Don't say we didn't warn you

    With the financial crisis (mostly) in the past, U.S. investors are eying a fresh start to the coming year. Here's a look at what speedbumps lie ahead.  Full Article