[ad_1] By Jonathan Josephs Business reporter, BBC News 10 January 2023 Image caption, The World Bank, led by President David Malpass, says the economies of the US, Eurozone and China…
Tag: Recession
Shutting out temporary residents would deepen recession: Desjardins
[ad_1] Breadcrumb Trail Links News Economist cautions that there could be economic repercussions if Ottawa cuts off newcomers too quickly Published Jan 11, 2024 • Last updated 38 minutes ago • …
Blocking non-permanent resident admissions could worsen recession in 2024: Desjardins report
[ad_1] Canada’s population has surged over the last year, with growth driven in large part by foreign workers and international students. But as the federal government weighs limiting non-permanent…
Netherlands suffers unexpected recession on consumers, trade
[ad_1] The Dutch economy unexpectedly succumbed to its first recession since the pandemic on weakness in both consumer spending and exports. A breakdown of the data showed domestic consumption decreased…
Bank of America shares 12 charts that show that the economy is about to enter a full-blown recession
[ad_1] There are growing signs the US economy is about to enter a full-blown recession, said Bank of America. The bank cited worrying signs in manufacturing and the jobs market,…
Germany enters recession after GDP falls for second successive quarter
[ad_1] Germany’s statistics office on Thursday released data for Europe’s largest economy, marking the country’s second contraction in as many months. Gross domestic product fell by 0.3% for the quarter…
Why Companies Still Aren’t in a Firing Mood
[ad_1] A lot of people spent much of last year convinced that the U.S. was on the cusp of a recession—including those in charge of hiring and firing workers. Lately,…
Recession alarm bells ring for eurozone as Britain bounces back – latest updates
[ad_1] Thanks for joining me. Next has promised it will not increase its selling prices this year as it received a boost from falling prices at the factory gate. The…
Germany sinks into recession – as UK avoids one
[ad_1] Joerg Kraemer, chief economist at Commerzbank, said: “The massive rise in energy prices took its toll in the winter half-year.” Claus Vistesen at Pantheon Macroeconomics said the recession was…
South Korea Forecasts Slower-Than-Expected Economic Recovery in 2024
[ad_1] South Korea’s economic recovery is forecast to be slower than expected this year, with inflation likely to be sticky, the Ministry of Economy and Finance said in a semiannual…