"It has been clear for some time that motorsport cannot ignore the world economic crisis, " it said in a statement released after BMW's announcement.
In 2007, the Peruvian economy grew 9% and continued at that rate through 2008, only slowing in 2009 due to the world economic crisis.
After the Honda motor company pulled out of F1 earlier this month, blaming the world economic crisis, the team are trying to find a buyer to continue in the sport.
In this interview, Peter talks about the factors that contributed to the world economic crisis, the most important problems America needs to solve in order to recover, what America can learn from other countries about job growth, and more.
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The Volt and Leaf are bright ideas emerging from a world in economic crisis.
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The General Assembly today agreed to convene a high-level conference on the impact of the world financial and economic crisis on development, from 1 to 3 June at Headquarters.
Then it took off during the bubble years of the new century, only to gain even more traction as the much of the western world plunged into economic crisis.
After a period of calm following the 2008-2009 manufacturing slowdown due to the world financial and economic crisis, Chinese plants are running almost non-stop again, with demand in cars, consumer electronics, plastic toys like vuvuzelas coming from all corners of the globe.
While the world stews over the economic crisis, Dubai works to its own rules: build it and they will come.
The potential is so great that this worldwide flowering of technical talent could well offer one solution to the world's current economic crisis.
While the U.S. was the major source of demand for the world economic growth before the crisis, global demand must rest on many pillars going forward.
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After a breakfast meeting with Prime Minister Gordon Brown, US President Barack Obama said a "sense of urgency" was needed to confront the most severe economic crisis since World War II.
Twenty-three years ago, amid an oil crisis and a world economic slump, the territory still had one foot in poverty.
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But there are more, many many many who understand, that in the world we know, after the economic crisis we have known, giving a little morality to international exchanges, to international financial transactions, this would be good.
The big change in India came in 1991, when it opened up its economy to the world after years of protectionism and an economic crisis.
And as expected, the market place has now moved on to other worries, this time regarding a potential U.S. debt downgrade, the EU debt crisis, and a world economic slowdown.
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The report says the new figures "reveal that those bearing the brunt of Europe's economic crisis include some of the world's poorest people".
An economic hurricane has swept the world, creating a crisis of credit and of confidence.
Honda stunned the sport in January by announcing their immediate withdrawal from the world championship because of the effects of the global economic crisis.
Fears that a world economic slowdown is in progress amid the EU debt crisis have been a bearish weight on the crude oil market recently.
There are presently fears a world economic slowdown is in progress amid the EU debt crisis, which have been a bearish weight on the crude oil market recently.
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He rejected the suggestion that European leaders had done nothing substantive to address the crisis since last year's World Economic Forum, saying political decisions had to occur at their own pace.
Regarding the economic crisis that has affected our entire world, I believe that the United States has exerted very important leadership in this sense, calling on the meetings of the G20.
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Some scientists though are uncertain as to whether the world can afford such large sums in a time of economic crisis.
Mr Stuart said he would continue with his policies, despite facing very difficult economic circumstances and "the worst crisis the world has seen in a century".
Just a couple of years after its economic crisis it feels like the center of the world again.
"The world is heading for a once-in-a-century economic crisis, " says Ryoji Musha, a strategist for Deutsche Bank in Japan.
"The world is heading for a once-in-a-century economic crisis, " agrees Ryoji Musha , strategist for Deutsche Bank (nyse: DB - news - people ).
Even after this economic crisis, our markets remain the most dynamic in the world.
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