Signs of hope amid economic downturn 7 May 09

Al Jazeera English
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Month after month, the global economic outlook has been nothing but bleak. But now, could we be about to turn a corner?

Japanese stocks rose to a six-month high in Thursday trading, and off the back of that European markets have started out strongly.

But, there is still grim news for some - with the troubled US carmaker General Motors announcing a loss of $6bn for the first three months of this year.

Hamish Macdonald reports from London.

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