Economy7 years ago
Bank of England 'dangerously ill-equipped' for recession
A new report says the Bank of England is “dangerously ill-equipped” to avert the next potential recession.
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Economy7 years ago
Trump’s tariff plan will lead to ‘deep recession’
The WTO director-general has called on Trump not to impose hefty tariffs on aluminum and steel exports, saying it could cause a deep global recession.
Business7 years ago
Saudi Arabia slips back into recession
The latest official figures show that Saudi Arabia has returned to recession in what is expected to have been a result of low oil incomes.
Business8 years ago
IMF says global debt at record high of $152tr
The International Monetary Fund (IMF) says the global debt has risen to an all-time high of around $152 trillion.
Politics8 years ago
Trump trade plan to trigger recession: Study
A proposal by Donald Trump to impose stiff tariffs on China and Mexico could push the US economy into recession, a new study says.
Economy8 years ago
Banks warn of post-Brexit recession
Majority of banks in the city of London drastically reduce its forecast for growth in the UK in 2017.
EU8 years ago
‘Italy faces two-decade long recession’
The International Monetary Fund cut the growth forecasts for Italy’s economy after the UK’s vote to leave the EU.
Economy8 years ago
Brexit could trigger UK recession: IMF
Britain is likely to enter a recession in case it chooses to leave the EU, the IMF warns.
Economy8 years ago
Brexit to lead UK into recession: Osborne
UN Chancellor says leaving the EU will lead the UK into a year-long recession and lose 820,000 jobs.
Venezuela8 years ago
Idle plants paralyze economy: Maduro
Venezuelan President Maduro orders seizure of idle factories and jailing their owners following a new emergency decree.
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