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Economic downturn
Eurozone "avoided" recession, the EU economy did not grow in the fourth quarter of 2023
Data released by Eurostat - the statistical agency of the European Union (EU) on January 30 shows that the Eurozone economy has avoided a technical recession in the second half of 1. , but leveled off in the last 2023 months of the year.
Decoding the Fed's interest rate policy
Over the past year, Fed policymakers have always agreed that it is better to sharply increase interest rates than to increase them slowly. This shows that the US Central Bank is particularly concerned about the risk of permanent high inflation. However, that perception is changing.
The number of EU businesses going bankrupt increased to the highest level in 8 years
The number of bankruptcy declarations in the EU reached an eight-year high in the second quarter of 8, the...
The US economy is strong enough to avoid a recession, the labor market is sustainable
On July 27, the US Congressional Budget Office (CBO) assessed that the world's largest economy will be strong enough to avoid falling into a recession, even if interest rates are higher and unemployment rate increases. burden on consumers.
When Europe "colds", the rest of the world will "sneeze"
Antonio Tognoli, board member of the Italian Rating Agency (OIV) and former vice president of the Italian Association of Financial Analysts (AIAF), said that both the euro area and the European Union economy are lagging behind the US.
Another country "touches" the recession
On June 15, Statistics New Zealand released data showing that the country's Gross Domestic Product (GDP) in the first quarter of 6 was negative 2023%. Previously, the "kiwi land" also witnessed a negative growth of 0,1% in the fourth quarter of 0,7.
Volatile fluctuations, after a technical recession will be the brink of a serious crisis
Over the past several months, high inflation and energy prices, bottlenecks in supply while both exports and domestic consumption decline have "cast a dark shadow" on the German economy and caused other fluctuations with the size of the economy. common law of economic development.
As the locomotive fell into recession, the Eurozone was reeling with high inflation
Inflation has taken a heavy toll on the German economy, with consumers spending less on items like food and clothing. The outlook for the rest of the year isn't much brighter.
Europe's largest economy officially entered recession
On May 25, data from the German Statistical Office (Destatis) showed that the country's economy shrank slightly in the first quarter of 5 compared to the previous three months, bringing Germany into a recession.
