Eurozone economy likely entered recession last yearby News Wires January 2, 2024LONDON - Eurozone factories ended 2023 on the back foot, with activity contracting in December for an 18th straight month, ...
New Zealand’s economy dips into recessionby News Wires June 16, 2023WELLINGTON, New Zealand - New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures ...
World shares fall on banking turmoil, recession worriesby News Wires March 24, 2023BANGKOK - Shares fell Friday in Europe and Asia as worries over turmoil in the banking sector and recession risks ...
US banks get ready for shrinking profits and recessionby News Wires January 10, 2023NEW YORK - US banking giants are forecast to report lower fourth quarter profits this week as lenders stockpile rainy-day ...
IMF head warns one-third of world lurching toward recessionby News Wires January 4, 2023International Monetary Fund (IMF) head Kristalina Georgieva warned one-third of the global economy will be in recession this year. Speaking ...
Omicron leaves Germany on brink of recession as growth dipsby News Wires January 15, 2022FRANKFURT, Germany - The risk of recession is looming for Germany after Europe´s biggest economy shrank at the end of ...
Biden to decry democracy ‘recession’ at White House summitby News Wires December 9, 2021WASHINGTON — President Joe Biden is ready to urge participants at the first White House Summit for Democracy to reverse ...