South Africa enters recession for the first time since 2009
South Africa entered recession in the second quarter for the first time since 2009, data revealed on Tuesday, in a…
Browsing Tag
recession
Brexit strongly affect U.K. economy as recession risk increases
The U.K.’s decision to leave the European Union inflicted an immediate blow on the economy as business activity…
Asian shares hover near eight-month peak on BoE rate cut hope
Asian shares hovered near eight-month highs on Thursday as investors bet the Bank of England will cut interest…
Brexit to lead UK to face inflation, recession risks- ECB’s Villeroy
Britain will face two key challenges, inflation and recession, after Britons voted to leave the European Union, or…
Brexit market shock may push world into recession, an economist says
Friday's hefty global equity losses may push the world economy into a contraction, the chief economist of an…
Brexit market shock may push world into recession, an economist says
Friday's hefty global equity losses may push the world economy into a contraction, the chief economist of an…
Elections 2016: Trump predicts ‘very massive recession’ in U.S.
Republican presidential front-runner Donald Trump predicted that the United States is on course for a "very massive…
US exports drop in 2015 for first time since recession
The U.S. trade deficit rose in December as American exports fell for a third straight month, reflecting the…
Japan export growth slows sharply, raising fears of recession
Japan's annual export growth slowed to a crawl in September as shrinking sales to China hurt the volume of…
Russian central bank makes surprise interest rate cut
Russia's central bank unexpectedly cut its main interest rate on Friday as fears of recession mount in the country…