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The Latest Breaking News from Recession

Rishi Sunak’s promise to grow the economy ‘in tatters’ as UK enters technical recession – as it happened

UK economy shrank by 0.3% in October-December, worse than expected, putting country into a technical recession in a blow to the PM

The Guardian - UK · Feb 15, 2024

Japan loses crown as world’s third-largest economy after it slips into recession

Fall in rank below Germany has been attributed to a weak yen and country’s ageing, shrinking population

The Guardian - AU · Feb 15, 2024

Japan's Economy Slides into Recession, Germany Now Third-Largest Global Economy

Japan's economy unexpectedly slips into recession, leading to Germany becoming the world's third-largest economy. Find out more about this significant econ...

What Is Behind The US Economy's Surprising Strength?

The US has seen GDP growth blow past predictions, hiring numbers surge unexpectedly and consumers still spending even as interest rates climbed -- deftly averting a dreaded recession in 2023.

International Business Times · Feb 15, 2024

This week’s recession call will be about politics. To the public, the economy’s grim either way

City Comment: For Sunak and Hunt, an official declaration of recession, however shallow, is yet another dent to their claims on the economy

Evening Standard · Feb 13, 2024

UK ended 2023 in recession, economists project, but decision on knife edge before official figures

If the UK did enter a technical recession, it looks set to be the shallowest one in history

Evening Standard · Feb 12, 2024

Business Economists Expect External Shocks, Inflation Increase in 2024

Business economists and analysts expect a low chance of a recession in the US this year, with concerns instead focused on external shocks and inflation sur...

Recession verdict for UK economy will be no laughing matter for Hunt and Sunak

Figures on GDP, wages and inflation this week are set to offer Labour plenty of scope for criticising Tories’ economic competence

The Guardian - UK · Feb 11, 2024

S&P 500 ends above 5,000 points for first time

On Friday, the SP 500 achieved a historic milestone by closing above the 5,000 mark for the first time, buoyed by robust earnings and economic indicators that bolstered confidence in the US economy's ability to sidestep a recession.

The Times of India · Feb 10, 2024

The UK economy could already be in recession – we’ll find out tomorrow

City braced for verdict on recession as D-day for economic data looms

Evening Standard · Feb 9, 2024

UK recession is a real risk — but ‘soft landing’ is more likely

City Voices: 2024 is probably going to be a year of recovery with bumps along the way. The question is how big the bumps are

Evening Standard · Feb 9, 2024

As high interest rates lead to home repossessions, London will be hit hardest

City Comment: Along with unemployment, home repossession is probably the most distressing symptom of recession.

Evening Standard · Feb 8, 2024

Bitcoin and major cryptocurrencies surge as US debt sparks recession fears

Learn about the influence of Federal Reserve Chair Jerome Powell's warnings on the U.S. debt pile and its potential impact on cryptocurrencies like Bitcoin...

Deutsche Bank drops forecast for 2024 US recession

Deutsche Bank's latest update reveals that the possibility of a U.S. recession in 2024 has been ruled out, providing a positive outlook for the country's e...

Economists Pilloried For Getting Forecasts Wrong

Economists are taking flak after missing the mark on inflation, failing to anticipate disruptions in global supply chains and forecasting a recession that has not materialised.

Black Swans: Unpredictable Events That Shape Our Lives, Explained

Discover the impact of Black Swan events like the Great Recession and COVID-19 on our lives. Unveil their power to reshape the course of history.

Euro stabilizes as Eurozone avoids recession, dollar eases before Fed

The euro stabilizes amidst Europe's avoidance of recession, while the dollar weakens ahead of the Federal Reserve's decision, impacting global forex markets.

International Business Times · Jan 30, 2024

Eurozone Narrowly Dodges Recession

The eurozone economy narrowly avoided a technical recession in the second half of 2023 but stagnated in the final three months of the year, official data showed Tuesday.

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The Guardian - UK · Jan 30, 2024

Eurozone narrowly avoids recession as German economy shrinks

Single currency zone’s stagnating GDP figure will add to pressure for ECB interest rate cut

The Guardian - UK · Jan 30, 2024

IMF warns Hunt against tax cuts; eurozone avoids recession – as it happened

Rolling coverage of the latest economic and financial news, as the eurozone stagnates in the final quarter of 2023

Thai economy in recession, seeks boost - deputy Finance Minister

The Thai economy is currently facing a recession and requires a boost, according to the Deputy Finance Minister. A closer look at the challenges and potent...

Strong GDP growth in Q4 2023 defies recession forecasts

Discover the positive GDP growth in the 4th quarter of 2023 and what it means for businesses. Find out why labor, capital investments, and financing strate...

US Economy Surges, Defying Expectations of Recession

Discover the surprising growth of the US economy in the fourth quarter, crushing recession fears. Learn about the vibe session disconnect between reality a...

WEKU · Jan 25, 2024

Many experts feared a recession. Instead, the economy has continued to soar

The U.S. economy grew substantially faster in the final months of 2023 than forecasters had expected. For all of last year, the economy grew 3.1% — defying forecasts of a likely recession.

Evening Standard · Jan 22, 2024

A new 'Lawson boom'? No thanks, I remember the first one

City Comment: The reforms Jeremy Hunt wants to recreate brought a recession, soaring interest rates and boom-and-bust house prices

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