recession

The group believes China is actually suffering more from a PR (public relations) rather than a real economic crisis, aggravated by investors' tendency to scrutinize this Asian economic giant using Western lens.

Therefore, this is not a real economic crisis, like the crash of 1929, but a rise and transformation spread over a period of time.

default remained remote and were unlikely to translate into a real economic crisis.

The Government must cut the rhetoric and put credible plans in place now to address the long-term issue before these difficult times becomes a real economic crisis.

While the economic miracle that is the UAE is far from dead, the very real economic crisis in which the country finds itself has thrust upon it a set of challenges that will require courage and ingenuity to overcome.