Economic Recession

The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.

Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.

A recession is an economic term that refers to a period of decline in the overall economic activity of a country or region.

When everyone expects a soft landing, brace for impact. That's the lesson of recent economic history - and it's an uncomfortable one for the US right now.

Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.

Britain's finance minister on Friday dismissed "gloom" over its recession-threatened economy and vowed to tap into Brexit opportunities and tackle rampant inflation to boost growth during a cost-of-living crisis.

The expected lower nominal GDP growth in 2023-24 on the back of threats of global recession could impact income tax collection, the government source told reporters ahead of the presentation of Union Budget 2023-24 on February 1.

What are the Prime Minister and the Finance Minister hiding from the country, Congress leader Jairam Ramesh asked today after Union minister Narayan Rane indicated that India may face an economic slowdown after June.

The WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimistic about inflation and strong balance sheets.

As prices rise faster than incomes, the cost-of-living crisis risks pushing more people into poverty, the UN's International Labour Organization said, while unemployment around the world is set to rise.

Global growth is expected to slow "perilously close" to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia's invasion of Ukraine.

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.

The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.

Analyst Ming-Chi Kup claims that Apple could cancel or delay the mass production plans for iPhone SE 4 to 2024. The Cupertino company could choose to halt the development of new products to tackle the challenges posed by the global economic recession in 2023.

The gig economy, once seen as a side hustle, has become essential for supplementing income as inflation outpaces wage increases.

Baba Vanga reportedly foretold that there will be a huge economic crisis that will impact the global economy in 2024.

A recession is an economic term that refers to a period of decline in the overall economic activity of a country or region.

When everyone expects a soft landing, brace for impact. That's the lesson of recent economic history - and it's an uncomfortable one for the US right now.

Many are worried about the Asian giant's struggles, with the threat of recession in Europe and high inflation in many major economies contributing to a plunge in demand for Chinese goods.

The International Monetary Fund slightly lowered its outlook for the global economy on Tuesday, while predicting that most countries will avoid a recession this year despite economic and geopolitical concerns.

Britain's finance minister on Friday dismissed "gloom" over its recession-threatened economy and vowed to tap into Brexit opportunities and tackle rampant inflation to boost growth during a cost-of-living crisis.

The expected lower nominal GDP growth in 2023-24 on the back of threats of global recession could impact income tax collection, the government source told reporters ahead of the presentation of Union Budget 2023-24 on February 1.

What are the Prime Minister and the Finance Minister hiding from the country, Congress leader Jairam Ramesh asked today after Union minister Narayan Rane indicated that India may face an economic slowdown after June.

The WEF said globally businesses are expected to cut costs significantly in response to economic headwinds, but chief economists are optimistic about inflation and strong balance sheets.

As prices rise faster than incomes, the cost-of-living crisis risks pushing more people into poverty, the UN's International Labour Organization said, while unemployment around the world is set to rise.

Global growth is expected to slow "perilously close" to recession in 2023, the World Bank said Tuesday, slashing its economic forecast on high inflation, rising interest rates and Russia's invasion of Ukraine.

For much of the global economy, 2023 is going to be a tough year as the main engines of global growth - the United States, Europe and China - all experience weakening activity, the head of the International Monetary Fund said on Sunday.

The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research.

Analyst Ming-Chi Kup claims that Apple could cancel or delay the mass production plans for iPhone SE 4 to 2024. The Cupertino company could choose to halt the development of new products to tackle the challenges posed by the global economic recession in 2023.