Unemployment’s influence on economy
Prolonged unemployment can lead to skills depletion and, in essence, deprive the...
Recession
What’s in store for US economy in 2023?
Despite the debt crisis is over, that doesn't mean that the world's...
UK think tank warns about ‘business risks’ as Bank of England persists with high-interest rates
The Bank of England has so far signalled about interest rates remaining...
Surprise growth helps Singapore avoid recession
Selena Ling, chief economist at Singapore's OCBC Bank, wrote in a note...
OPEC+ to extend oil production cuts into 2024
In a statement, OPEC announced that the next ministerial meeting involving both...
Germany dodges recession, but fear remains as factory orders go down
In the fourth quarter of 2022, the German economy contracted by 0.5%,...
Recession: Are banks prepared to assist their customers?
Customers are less likely to foreclose on their homes or fall behind...
As United Kingdom economy further rebounds, apex trade body releases 2023 outlook
After seeing zero growth in the last quarter of 2022, official figures...
Will Australia face recession? CBA, Treasurer answer
Australia Treasurer Jim Chalmers has now said that there are very encouraging...
Bank of England policymakers split over future path for rates
The Bank of England raised interest rates for the tenth time in...