recession
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News
Commentary: As recession fears mount, US exceptionalism comes under strain
US EXCEPTIONALISM IN QUESTION While Mr Powell calmed nerves by playing down the chances of a US recession and hinting…
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Mexico
The Mexican economy contracted in the last quarter of 2024
The Mexican economy contracted on a sequential basis for the first time in more than three years in the final…
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Germany
Factory activity levels slump in Germany – winter recession pending?
A winter recession could be on the cards for Germany as factory activity levels slumped in November, according to data…
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Germany
More job cuts on the way as German economy struggles to recover
After the news that Europe’s largest car producer VW may close two plants, experts are sounding the alarm that the…
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Videos
Up to 80 per cent chance interest rate rises could cause a recession, RBA says | 9 News Australia
Economics Editor of the Australian Financial Review John Kehoe has issued a grim warning over the latest research by the…
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Germany
Germany unveils costly new plan to cut electricity prices
The scheme is set to run for around five years and will likely cost up to €12 billion in its…
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Travel
Are Germans travelling less due to the recession?
German travel sales have bounced back after the pandemic but with fewer holidaymakers enjoying them. ADVERTISEMENT A “considerable number” of…
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Germany
German government forecasts that economy will shrink by 0.4% this year
Germany slashed its economic forecasts for 2023, predicting a 0.4% decline in its GDP. ADVERTISEMENT Germany’s government said on Wednesday…
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Europe
Europe’s central bank hikes key interest rate to record high as recession threat grows
The European Central Bank hiked a key interest rate to a record high Thursday as it battles soaring inflation, defying…
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Asia
No recession for Singapore this year despite sluggish economy, but 2024 remains uncertain: PM Lee
Earlier in August, Singapore slightly cut its economic outlook for 2023 — to come in between 0.5 to 1.5 per cent,…
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