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Logistics execs see 2023 recession as 'Likely' or 'Certain'
The Agility Emerging Markets Logistics survey 2023 paints a sober picture, with more than 2/3 of respondents seeing a 2023 recession as 'Likely' or 'Certain'.
Mehar Sultan Feb 08, 2023
People who don't have enough money need to look at how they manage finances, says Tory MP
The UK is in the middle of a cost-of-living crisis, and the politicians have been blaming everyone but themselves for the mess that the country finds itself in.
Sadhna Yadav Jan 24, 2023
Poor people 'can't cook properly' and meals only cost 30p, says Tory MP
Tory MP Lee Anderson has come under fire for insensitive comments made in the House of Commons wherein he said that poor people use food banks because they "cannot cook properly" and "cannot budget."
Sadhna Yadav May 13, 2022
Japan exits recession as GDP grows 5.0% in Q3
The positive figures come after three quarters of contraction in the world's third-largest economy.
Shingo Ito Nov 16, 2020
US-China trade war could lead to global recession, economist says
The trade war between the U.S and China holds ominous consequences for the global economy and the risk of recession is very high, warned an economist with Morgan Stanley.
Kalyan Kumar May 21, 2019
US-China trade talks: Trump says China 'broke the deal'
American President Donald Trump has accused China of breaking a deal in the U.S.-China trade talks.
Kalyan Kumar May 09, 2019
US GDP falls for third straight quarter, stokes recession fears
The U.S. economy is decelerating and economic data confirms it.
Arthur Villasanta Mar 01, 2019
Stagnant wages could push Britain into recession within a year, economists warn
Analysts warn that if wages do not rise in line with inflation consumers' real purchasing power will decrease.
Isabelle Gerretsen Jul 23, 2017
Nigeria: Haunting photos of Kaduna's abandoned textile plant
Reuters photographer Afolabi Sotunde's images of derelict buildings highlight how the textile industry has suffered in the country's first recession in 25 years.
Alex Wheeler Feb 15, 2017
UK economy grew 0.6% over second quarter, ONS confirms
Reconfirmation of official data suggests economy grew over the second quarter aided by higher industrial production.
Gaurav Sharma Aug 26, 2016
House prices will fall by 1% in 2017 as Brexit weighs the housing market down
Prices set to slide amid 'weaker prospects for confidence, household incomes and the labour market'.
Shane Croucher Aug 22, 2016
The richest 10% of families in the US own 76% of the country's wealth
A new government report has laid bare the massive, growing wealth disparity in the US.
Aug 20, 2016
UK Government pledges to plug £4.5bn EU funding gap following Brexit
Chancellor Philip Hammond will guarantee payments to universities, farmers and for infrastructure until 2020.
William Watkinson Aug 12, 2016
Mild recession could be a major headache for Bank of England
UK economic survey sentiment is dire and an interest-rate cut appears to be a round the corner, but will it really work?
Gaurav Sharma Aug 03, 2016
Brexit: Odds of UK recession and 0% interest rates have risen, economists say
Commentators say a Brexit makes 'everything worse' with a UK recession highly likely.
Gaurav Sharma Jun 24, 2016
EU Referendum: Boris Johnson says remain campaign are 'rattled' after recession claims
The former Mayor of London was responding to claims made by the Treasury on 23 May.
James Lillywhite May 23, 2016
'Does Britain really want DIY recession?' asks George Osborne one month before EU referendum
Chancellor asks blunt question as Treasury analysis claims GDP will fall 3.6% after two years if Britain leaves EU.
Romil Patel May 23, 2016
Coca-Cola halts production of sugar-based beverages in Venezuela
Coke suspends production due to sugar shortage.
Nandini Krishnamoorthy May 21, 2016
IMF warns that an economic crisis in China could cause global recession again
The Bank of England is said to have considered a Far East crash as one of the possible reasons for the next recession.
Kedar Grandhi Apr 05, 2016
Swiss bank Credit Suisse warns the eurozone could collapse in case of a European recession
Market volatility and increased stress in the banking sector are worrying signs of deterioration in Europe.
Kedar Grandhi Mar 03, 2016
Is the US recession well and truly over? EIG report reveals it depends where Americans live
The worst economic struggles continue largely in the South, with Mississippi particularly hard hit.
Mary Papenfuss Feb 26, 2016
China asked to be transparent on its FX policy by US Treasury secretary to avoid recession
Chinese Vice Premier Wang Yang tells Jack Lew that Beijing is capable of keeping the renminbi stable.
Kedar Grandhi Feb 04, 2016
RBC analysts recall RBS doomsday prophecy and predict more downsides to equities
Deutsche Bank estimates the probability of recession in the next 12 months at 46%.
Kedar Grandhi Feb 03, 2016
Japan slides back into recession for the fifth time in seven years
Economics minister however says data doesn't reflect economy's broadly improving fundamentals.
Kedar Grandhi Nov 16, 2015
S&P cuts Brazil's credit rating to junk status
Another blow to country already reeling from political turmoil and unpopular austerity programme.
Karthick Arvinth Sep 10, 2015
Brazilian economy falls into recession with 1.9% contraction in second quarter
Earlier, the country revised down its first quarter GDP decline to 0.7% from 0.2%.
Jerin Mathew Aug 29, 2015
Morgan Stanley: China slowdown raises fears of global recession
Ruchir Sharma says China is likely to be the biggest source of vulnerability for the global economy.
Jerin Mathew Jul 15, 2015
Election 2015: Conservatives gung-ho economic strategy will push Britain into new recession
Cameron's policies will reduce borrowing, while doing little, if anything, to improve the balance of payments.
John Mills Apr 30, 2015
Japan overtakes China as largest holder of US debt
Japan had $1.224tn of US debt at end of February, while China's debt holding was $1.223tn.
Jerin Mathew Apr 16, 2015
US banks pass first round of Federal Reserve stress tests
All 31 of America's banks passed the first round
Sean Martin Mar 06, 2015
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