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Showing 61 - 70 of 171 results for "US recession"

Just what the doctor ordered

BENJAMIN ONG  |  FRIDAY, 2 JUN 2017
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

A$ drop brings good cheers

BENJAMIN ONG  |  FRIDAY, 23 DEC 2016
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

Drown baby, drown

BENJAMIN ONG  |  MONDAY, 18 JAN 2016
... recession was triggered by a spike in the price of oil following the Iranian revolution in 1979. - The 1990-1991 US recession was partly caused by the spike in the price of oil following the Iraqi invasion of Kuwait in the summer of 1990. - The 2001 ...

Aussie, Aussie, Aussie! Noi, noi, noi!

BENJAMIN ONG  |  TUESDAY, 22 SEP 2015
... episodes of global upheaval such as the 1997/98 Asian financial crisis, the dotcom bust in 2000, September 11 and the US recession in 2001, and the Great Recession of 2008. Reserve Bank of Australia (RBA) Governor said as much when he testified before ...

A$ falls to the occasion

BENJAMIN ONG  |  TUESDAY, 25 AUG 2015
... from US$0.80 to below US$60 during the Asian financial crisis; it fell from around US$0.65 to US$0.49 during the US recession in 2001 and following the September 11 attacks of the same year; and, it dropped from US$0.91 to US$0.62 at the onset of the ...

All right

BENJAMIN ONG  |  MONDAY, 10 AUG 2015
... While this has come down from 33.0% in the same month last year, it's still above than the 23.6% peak hit after the US recession of 2001 and way higher than the 19.1% average between 2004 and 2007. These measures of labour market slack explain why wages ...

Oil price shock, nice

BENJAMIN ONG  |  TUESDAY, 13 JAN 2015
... cartel and their oil embargo. The jump in crude prices from below US$5.00 a barrel to US$15.50 in 1973 induced a US recession, a stock market crash, widening current account deficits for oil importers, petrol rationing, energy workers' strike, and so ...

Rejoice for the A$ has fallen

BENJAMIN ONG  |  THURSDAY, 6 NOV 2014
... 1998. It was the dollar-A's drop from around US$0.65 in early 2000 to US$0.49 that saved the country from the 2001 US recession (and September 11). It was the dollar-A's drop from around US$0.97 in July 2008 to US$0.62 four months later that helped the ...

Flatline

BENJAMIN ONG  |  TUESDAY, 23 SEP 2014
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...

A tale of two A's

BENJAMIN ONG  |  THURSDAY, 11 SEP 2014
... the Asian Crisis when it dropped from more than US$0.80 to below US$0.60. It deflected the fallout from the 2001 US recession and September 11 by depreciating from US$0.65 to below US$0.50. It cushioned the economy during the GFC when it dropped from ...