Wednesday, December 18

Browsing: Recession

German economy to avoid recession – Scholz.

2 Mins ReadJanuary 19, 2023

New energy sources and lower demand due to unusually warm weather are expected save the EU’s biggest economy from contraction.…

Manufacturing activity plunges to 31-month low amid fears Britain faces deepest recession of all the world’s largest economies this year as energy bills and high interest rates fuel misery.

4 Mins ReadJanuary 3, 2023

The UK economy is mired in deepening gloom today as figures showed manufacturing slumping. The closely-watched PMI reading was the…

IMF issues dire warning

2 Mins ReadJanuary 3, 2023

Kristalina Georgieva says a third of the world economy will be hit by recession in 2023. This year is expected…

Global recession risks rising – economists.

2 Mins ReadDecember 20, 2022

Monetary tightening by major central banks is undermining the world economy, they warnGlobal recession risks rising – economistsAttempts by central…

Japan forecast to slide into recession.

2 Mins ReadDecember 8, 2022

The economy may suffer a significant downturn in a 2023 with soaring inflation, according to Capital EconomicsThe world’s third-largest economy,…

‘Something worse’ than recession coming – JPMorgan

2 Mins ReadAugust 15, 2022

Wall Street bank issues dire warning for the US economy The boss of Wall Street banking giant JPMorgan Chase, Jamie…

US plunges into recession

2 Mins ReadJuly 28, 2022

President Biden has responded by saying, “We are on the right path” The US economy has shrunk for two consecutive…

US Treasury: Just because the GDP is negative, does not mean recession

4 Mins ReadJuly 25, 2022

US Treasury Secretary Janet Yellen is claiming that just because the US GDP report is negative, it does not mean…

Musk announces big job cuts at Tesla

2 Mins ReadJune 21, 2022

The company’s CEO has warned a recession in the US is “likely” Tesla will cut 10% of its salaried workforce…

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