World Wildlife Fund Australia welcomed the end to offshore dumping but questioned the need to expand the port during a coal industry downturn.
The OECD was a supporter of workers in southern European countries taking a hit to their wage packets and argues that "wage adjustments have played an important role in helping the labour market weather the deep cyclical downturn, reducing job losses in the downturn and promoting employment growth in the recovery".
It was a downturn in the US housing market three years ago that led us into these problems, and there are those who believe it will also lead us out.
An impoverished country of 3.2 million, Armenia was badly affected by the global downturn.
And it is always hard to trim tax expenditures such as the mortgage interest deduction and state and local tax preferences – especially now, at a moment when the economy is still recovering from a housing-led downturn and state and local governments still face significant deficits that need to be closed.
Economists were quick to explain away the downturn as a temporary blip, caused by February's freezing weather and the shutdown of shale gas rigs as a result of global oil prices plunging (they have since recovered some ground).
9am: Vince Cable, the business secretary, gives a speech on "Building a Shared Recovery - Lessons from the Downturn".
But with Spain in the grips of the 2008 economic downturn, the money earmarked for the improvements failed to materialise, and the site remained vacant, cordoned off from the rest of the city by a chainlink fence.
"McDonald's leaders have vowed to reverse the downturn by recommitting to 'hot, fresh food' by selling off certain outlets to independent owners – which would reduce the number of corporate-covered employees with a newly raised minimum wage – and by cutting $300m in costs," he writes.
Related: The Observer view on London's wealth gap According to the SMF report, the 26 to 35-year-old group has suffered a 36% drop in savings since 2005 – from a median £461 to £296 – while the top 20% of earners "are far more financially secure today than going into the downturn".
Tuesday's trip to the surprise package Eintracht Frankfurt, who have stunned the league with four wins in a row, might show whether this is the beginning of the dreaded third-season downturn, a mere blip, or indeed the equivalent of last year's low-point, a 2-1 defeat at Hannover in October – after which Dortmund ran away with the title.
