After its economy shrunk by 0.2 percent in the first three months of the year, Britain was officially dragged backed into recession. As the AP reports, " two consecutive quarters of negative growth are required for a country to be officially deemed to be in recession."
What does this mean? It depends on which economist you talk to.
Originally published on Wed April 25, 2012 5:23 am
I've never been much good at mornings. For most of my life, I prided myself on being a night owl, the type of gal who could always handle one more thing after midnight — another phone call, a few more pages of a novel, a last turn on the dance floor. For years, I even showered at night. And if, in the morning, I couldn't produce a civil word before my first sip of coffee, well, that was a small price to pay.