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The Latest Breaking News from Recession

Recession Indicator: eBay's Stock Is Up More Than 50% Over the Past Year

eBay is providing investors with a counter-cyclical recession hedge this year, as gross merchandise volume growth has driven a 26% gain for the stock in 2026.

MarketBeat

End of conflict in the Middle East or recession in Europe, IMF warns

The IMF’s outlook for Europe remains closely tied to geopolitical developments. A prolonged crisis risks tipping Europe into recession.

Euronews

Romania's pro-EU coalition collapses after prime minister fails no-confidence vote

Romania has faced a long period of instability and the country is grappling with one of the highest budget deficits in the EU, rampant inflation and a technical recession.

Euronews

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12 simple ways to recession-proof your life as a financial crisis looms

IN FOCUS : With prices rocketing and a quarter of a million people set to lose their jobs by 2027, Lydia Spencer-Elliott seeks expert advice on how we can best prepare for the difficult times ahead

The Independent UK

Irish economic miracle explained: Why all that glitters isn't gold

Ireland's GDP soared 12.3% in 2025 — but it was a mirage. Pharma multinationals front-loaded €25.4bn of exports to the US in March alone, ahead of Trump's tariffs. Now the first quarter of 2026 sees a contraction.

Euronews

The global economy has a month—eight weeks at most—to avoid a recession, warns top economist

“The irony in all this is that the U.S., which started the war, does better in relative terms than anybody else because of its energy supplies.”

Fortune

Iran War Shock Leaves UK Policymakers Trapped Between Inflation and Recession Risks

The UK economy is threatened by a £35bn loss due to rising energy prices from the Iran conflict, risking recession and high inflation, warns NIESR.

International Business Times UK

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UK economy faces £35bn blow and recession risk amid Iran war energy crisis

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The Independent UK

UK faces £35bn hit and risk of recession this year over impact of Iran war, thinktank warns

Niesr says even under best-case scenario, economy would grow at slower pace in 2026 and 2027 because of conflict

The Guardian - UK

UK economy set for £35bn hit from Middle East energy crisis, think tank says

The National Institute of Economic and Social Research said the UK could enter a recession this year if the crisis is particularly protracted.

Evening Standard

More Americans fear for their economic situation today than in the 2008 Great Recession

More Americans are worried about finances now than in early days of pandemic

The Independent UK

Feeling gloomy about the economy? The ‘vibecession’ has arrived in Australia – but experts are less worried

A poll shows most Australians think the country is either in a recession or will be soon. Economists have a different view

The Guardian - AU

Iran war effects on Europe: Is a recession already unfolding?

The eurozone’s private sector slipped back into contraction in April, marking its weakest performance in nearly a year and a half since November 2024, as the war in Iran hit services and fuelled inflation.

Euronews

Ceasefire will be indefinite, Trump says, as top economist puts risk of recession at 40% as Hormuz remains closed

Everything you need to know before you reach the office this morning.

Fortune

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International Business Times UK

UK 'On Brink' Of Recession — 250,000 People Could Lose Jobs By Mid-2027 Due To Iran War

EY Item Club warns the UK will 'flirt with recession' as the Iran conflict oil shock pushes unemployment to 5.8 per cent and halves GDP growth forecast.

The Guardian - UK

Quarter of a million people could lose job by middle of 2027 as UK ‘flirts with recession’, analysis says

Twin reports from top accounting firms underline scale of economic threat as Iran war shatters business confidence

Evening Standard

UK to narrowly avoid recession and jobless rate to surge, Item Club warns

The independent forecasting group said interest rates will remain on hold in 2026 despite soaring inflation caused by the Iran war.

The Independent UK

Quarter of a million people could lose their jobs by 2027 as UK ‘flirts with recession’

The job market will endure its ‘biggest hit since the pandemic’

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GOBankingRates

Dave Ramsey Says You Need To Do These 3 Things During a Recession

Money expert Dave Ramsey shares three key moves he says can help households stay afloat and protect their finances during a recession.

The Guardian - AU

Wall Street seems to have decided the recession risk is over. Can the Australian market do the same?

Experts say US market ‘may have run ahead of itself’ while ASX 200’s more modest recovery is due in part to Australia’s reliance on fuel imports

International Business Times UK

Ken Griffin Warns Global Recession 'Inevitable' If Strait Of Hormuz Stays Shut: Flags 'Mistake' In Iran Strategy

Citadel Advisors founder Kenneth Griffin believes the world will face a recession if the Strait of Hormuz remains shut for the remainder of this year.

Fortune

Xi Jinping says the world order is ‘crumbling into disarray.’ Larry Fink and the IMF are worried about a global recession

The Iran war, trade chaos, and a shifting geopolitical landscape are converging into what could be the defining economic moment of the decade.

The Independent UK

As recession looms, Donald Trump desperately needs a deal

THE INDEPENDENT VIEW: Editorial: As red warning lights flash on the world’s economy, the man who claims to be the master of the art of dealmaking has never needed a win more

The Independent UK

Bulletin PM briefing: Trump tells Starmer ‘drill, baby, drill’ and global recession fears

Here are five of the biggest stories of the day in case you have missed them

The Independent UK

Reeves hits out at Trump over Iran war strategy with recession a real possibility

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