Britain’s economy slipped into a mild recession last year, according to official data, posing a challenge for …
Tag:
recession
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Argentina’s central bank has reduced its benchmark interest rate from 100 per cent to 80 per cent, …
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FeatureInternational NewsNews
Australia’s recession deepens despite growth
by Aya El Sayedby Aya El SayedAustralia’s economy experienced a slowdown in the last quarter of the previous year, with a deepening per …
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FeatureInternational NewsMoneyNews
UK’s slips into tech recession in Q4 ’23,
by Nada Aliby Nada AliUK’s economy experienced a recession in the second half of 2023, presenting a formidable challenge for Prime …
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Japan unexpectedly fell into a recession at the end of 2023, losing its position as the world’s …
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FeatureInternational NewsNews
Eurostat: Euro Zone’s Q4 sees muted growth
by Aya El Sayedby Aya El SayedEuro zone economic growth remained stagnant in the final quarter of 2023 compared to the preceding quarter …
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FeatureIndustry & TradeInternational NewsNewsTech/AI
Global PMI ends ’23 up, divergences persist
by Sama Mousaby Sama MousaThe Global PMI ended high in December to close the year on a brighter note, S&P Global …
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Industry & TradeInternational NewsNewsTech/AI
Germany GDP contracts for the second consecutive quarter
by Norhan Adelby Norhan AdelThe Federal Statistical Office showed on Thursday that Germany’s GDP fell by 0.3 percent, marking the second …
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Financial InstitutionsInternational NewsNews
U.S. unemployment claims rise
by Norhan Adelby Norhan AdelU.S. Labor Department reported on Thursday applications for unemployment benefits increased by 5,000 last week.
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BanksFeatureInternational NewsMoneyNews
Bank of England unveils largest interest rate hike in 27 years
by Yomna Yasserby Yomna YasserThe Bank of England has on Thursday raised interest rates by 50 basis points, its largest single …
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