More pain ahead

Article Abstract:

The recent terrorist attacks on the US may not have a huge economic impact in themselves, but they will further weaken an already ailing world economy. Central banks have already cut interest rates, and governments must review fiscal policy as well as look at aid for sectors hit by the terrorism.

Economic development

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When the economy held its breath

Article Abstract:

The Sep 11, 2001, terrorist attacks on the US not only destroyed the World Trade Centre but may also have heightened the risk of a global economic collapse. US consumer spending is likely to fall, pulling the US and much of the rest of the world into recession.

International aspects, Recessions

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How big a blow?

Article Abstract:

The Sep, 2001, terrorist attacks on the US could have a significant economic impact, by aggravating existing economic weaknesses. The main effects could be on consumer spending, and on the airline and insurance sectors.

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Subjects list: Analysis, Economic aspects, United States economic conditions, Terrorism
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