Ten days ago, 19 large United States banks bolstered by huge federal infusions reported on the varying results of the stress tests given by the government lender-investor-bailouter (the Zombulator?) to see how they could stand up to recession pressures.
Before the opening bell Humana posted fourth-quarter profits of $250.7 million, narrowly missing the consensus analyst call of $252 million, as the recession pressured the health insurers commercial segment.
News of further weakening in the labor market came as no surprise, as the deepening global recession pressures businesses to cut costs and thin payrolls.
Federico Marchetti, founder and chief executive of Italian retailer Yoox, estimates that half of luxury brands now sell directly online, though several others suggest that the percentage is higher, due largely to recession pressures.
"It is clear that the global recession puts pressure on the aid budgets of all donor governments, but of course it puts immeasurably more pressure on crises-stricken people in poor countries," he added.
But, given the voters' response and the scale of recession, the pressure for continued fiscal austerity should now ease.
Because of the recession's pressure, the developer had planned to sell the other parcel, at the corner of Columbia and Warren Streets, but recently decided not to.
Disgruntled patients will mean reduced revenue, a frightening prospect for hospitals already facing empty beds because of the recession and pressure to hold down costs.
The recession, and pressure from landlords who want to convert factory buildings into luxury apartments, hotels and office space, has caused more of them to flee the district.
Disgruntled patients will mean reduced revenue, a frightening prospect for hospitals already facing empty beds because of the recession and pressure from insurers to hold down costs.
But GAVI has limited funds from the donor nations, which have become less generous in the recession, and pressure on those funds is getting heavier all the time.
