Ukraine's current-account deficit widened to 6.7percentt of its gross domestic product in the first 11 months of the year as exports, especially steel and chemicals, slowed amid turmoil in world markets.
"If we choose the right route we can avoid falling into a development trap; if we choose the wrong one, we may fall into a 'China trap' of social and political turmoil, slow economic growth, enduring lack of prosperity, and weak and declining national competitiveness".
new york times city room Stock Investors Play Defense | The Wall Street Journal reports: "Investors are flocking to stocks of large, dividend-paying companies, particularly those seen as less vulnerable to a slowing economy or turmoil in Europe.
Kohlberg Kravis Roberts said on Wednesday that its second-quarter profit fell 25 percent as market turmoil slowed growth in its main investment businesses, Executives of the private equity giant said market volatility hindered its ability to sell off investments through initial public offerings.
Income from trading bonds, currencies and commodities (an area of activity known in the industry as FICC) has fallen as slowing economies and turmoil in Europe have discouraged institutional investors from trading and companies from buying one another or issuing shares.
Sony slashed profit and sales forecasts for the fiscal year, pointing to falling sales of flat-panel TVs and other electronics as consumer spending slows amid the turmoil in the global economy.
Signs of turmoil and slow growth among the Trump Super Pacs, which unlike campaigns can accept unlimited donations, are palpable.
Bernard Baumohl, chief global economist at the Economic Outlook Group, said in a research note that the turmoil "will slow the economic recovery this year, as both consumers and businesses look on with concern and begin to reconsider their spending plans".
The Rangers have been rattled lately by turmoil: a slow tumble down the Eastern Conference standings; Tortorella's scratching the highly paid defenseman Wade Redden for two straight games; Redden's expression of anger over being scratched; and talk-radio rumors of the possibility of General Manager Glen Sather's being fired.
In the second half of the 10th century, Italy began a slow recovery from the turmoils of late Carolingian Europe.
