US cable TV bleeds subscribers as online grows

The economic downturn has US cable television companies shedding subscribers in record numbers and Americans increasingly "cutting the cord" in favor of cheaper online options, new research shows.

EU asks citizens to join debate on GM food

The European Union on Tuesday took the debate about genetically modified crops to the public with a survey asking citizens to share their thoughts on organic farming.

Can social media detect the changes in public mood?

New research has analysed the mood of Twitter users in the UK and detected various changes in the mood of the public. In particular, the researchers observed a significant increase in negative mood, anger and fear, coinciding ...

Toyota rolls out new Prius to fend off rivals

Toyota Motor on Monday rolled out a cheaper, revamped Prius, seeking to boost its flagging sales and maintain its lead in fuel-sipping hybrids in the face of growing competition from rival Honda.

Cars go green and online as Tokyo Motor Show opens

Electric cars with cutting-edge green technology and vehicles remote-controlled by smartphones caught the eye Wednesday at the first Tokyo Motor Show held since Japan's devastating earthquake.

Fossil fuel CO2 emissions up by 29 percent since 2000

The strongest evidence yet that the rise in atmospheric CO2 emissions continues to outstrip the ability of the world's natural 'sinks' to absorb carbon is published this week in the journal Nature Geoscience.

German solar panel makers in trouble: federation

German solar energy firms are in a bind, the head of a federation said in a report due out on Monday amid concern that the new German government will abandon the sector.

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Recession

In economics, a recession is a general slowdown in economic activity over a sustained period of time, or a business cycle contraction. During recessions, many macroeconomic indicators vary in a similar way. Production as measured by Gross Domestic Product (GDP), employment, investment spending, capacity utilization, household incomes and business profits all fall during recessions.

Governments usually respond to recessions by adopting expansionary macroeconomic policies, such as increasing money supply, increasing government spending and decreasing taxation.

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