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Recession

Recession latest

Japan exports fall for first time since 2021
August 17th, 2023 - 11:39 GMT

Japan exports fall for first time since 2021

ALBAWABA – The Japanese Yen is slipping as Japan exports fall for the first time since 2021, according to data released Thursday by the Ministry of Finance. Weighed down by faltering demand for light oil and chip-making equipment, Japan exports fell year-on-year by 0.3 percent in July, compared to a 0.8 percent decline forecast by economists in a Reuters poll. Notably, Japan exports increased 1.5 percent in June, year-on-year. Meanwhile ...
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Eastern EU suffers as Hungary plunges deeper into recession
August 16th, 2023 - 01:24 GMT

Eastern EU suffers as Hungary plunges deeper into recession

Recession unlikely: Yellen is optimistic about US economy
August 15th, 2023 - 11:03 GMT

Recession unlikely: Yellen is optimistic about US economy

German industry output plunges in June
August 7th, 2023 - 08:04 GMT

German industry output plunges in June

ECB likely to hike Euro interest rate Thursday
July 27th, 2023 - 10:17 GMT

ECB likely to hike Euro interest rate Thursday

Stocks fall on China deflation, US recession risks
July 10th, 2023 - 10:55 GMT

Stocks fall on China deflation, US recession risks

Fed hikes interest rates to pre-2008 levels
May 4th, 2023 - 09:33 GMT

Fed hikes interest rates to pre-2008 levels

World Bank warns of China slowdown
March 27th, 2023 - 10:36 GMT

World Bank laments China-led world GPD slowdown

Recession, inflation to haunt US in 2023
March 27th, 2023 - 07:24 GMT

Recession, inflation to haunt US in 2023

German GDP tanks
February 26th, 2023 - 08:54 GMT

GDP revision adds to German economic woes

Gold prices keep going up
January 23rd, 2023 - 02:26 GMT

Gold eyes 9-month high as markets contemplate US rate hike

Asian stocks mixed
January 23rd, 2023 - 12:56 GMT

Asian markets mixed in light trading

WEF sees less global gloom
January 21st, 2023 - 11:55 GMT

Davos: Global economic outlook looks less gloomy

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