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economic depression
Secretary Janet Yellen: The US economy does not suffer from inflation and recession
House prices, the main cause of inflation in the US, are forecast to fall this year, helping the country escape...
The UK economy is officially in technical recession
On February 15, the Office for National Statistics (ONS) announced data showing that the UK economy was officially in recession after negative growth for 2 consecutive quarters in the second half of 2.
'Love Restaurant' feeds the homeless in Tunisia
Nestled in a hut in Tunis, Leila waits for a hot meal from "Love Restaurant", the source of life for...
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.
The power of high interest rates is weighing heavily, an economic recession is expected to "land" in Canada
Experts say the Canadian economy is headed for an early recession. This will support the Bank of Canada (BoC) in its efforts to bring inflation back to its target level of 2%.
Europe faces the risk of recession because of the conflict in the Red Sea
For the second time in three years, a conflict in Europe's neighborhood threatens to weaken...
US economic growth decelerates slightly and will have a "soft landing"
Recently, economists from Goldman Sachs bank predicted that the US Federal Reserve (Fed) may begin lowering interest rates next March and carry out a total of 3 interest rate cuts in 5. .
Europe's largest economy is in mild recession, important pillars are being held back
The preliminary statistical report of the German Federal Statistics Agency (Destatis) said that in 2023, the economy will fall into a slight recession.
Looking forward to 2024!
The world economy has just passed 2023 in better shape than expected in many aspects.
The US economy will continue to grow in 2024
According to data released by the US Department of Labor on January 5, employers in this country hired more workers than expected in December 1.
Not only because of Russian gas, the German economy is facing difficulties for reasons everyone knows
According to DW, economists and industry associations agree that 2023 is a stagnant year for the German economy - Europe's "locomotive".
The Eurozone economy cannot exceed 0,6% growth this year
Factories in the Eurozone have just experienced a gloomy year, when manufacturing activity declined for the 18th consecutive month - recorded in December 12.
What's hot in the technology retail market in Vietnam in 2023?
2023 is a particularly difficult year due to the impact of the economic recession, in which the technology equipment retail industry is one of the industries most affected.
Many economies are still growing strongly despite difficulties
The year 2023 has been predicted by experts to have many recessions, in the context of central banks increasing interest rates...
The Finance Minister does not approve of multiple amendments to a regulation in the German Constitution
German Finance Minister Christian Lindner on December 16 announced a plan to reform the country's public debt regulations to boost public spending during the economic downturn, while also criticizing price increases. planned for farmers and airlines.
Experts expect the Fed to 'freeze' interest rates in the upcoming meeting
A string of positive economic data has raised hopes that the Fed will soon achieve its "soft landing" target - reducing inflation and not pushing the world's largest economy into a severe recession.
The US economy is strong beyond expectations, consumption trends are the key factor
On November 29, the US Department of Commerce released a report showing that the world's largest economy grew higher than forecast in the third quarter of 11, due to higher investment and government spending than initially expected.
The rise of China's economic superpower is being reversed, a new historical turning point?
Assessing the reasons why China's economic scale in the global economic proportion has declined, some economic experts believe that most of it comes from the internal factors of this powerhouse itself.
The Eurozone economy is stuck in difficulties, the risk of recession is increasing
Chief economist Cyrus de la Rubia of Hamburg Commercial Bank commented that the Eurozone economy is stuck in difficulties. Additionally, the latest figures show that GDP is likely to decline for the second consecutive quarter.
