Tag: recession

China’s official state media has said that the US needs to “stop whining” about being a victim amid the ongoing tariff war.  China Daily, the ruling Chinese Communist party’s (CCP) English-language mouthpiece, published ...

US President, Donald Trump has threatened to raise his tariffs on China by an additional 50% from Wednesday, April 9, 2025, if China does not withdraw its retaliatory tariffs of 34% by Tuesday, April 8, 2025. ...

Amid market volatility and international backlash, President Donald Trump has likened his sweeping tariffs to medicine. This cames as he brushed off the market turmoil caused by the tariffs. Speaking to ...

The global economy has managed to reduce inflation without plunging into a recession, an achievement that the Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has described as ...

Gold prices have been resilient, holding steady near their all-time high as investors keenly await signals from the U.S. Federal Reserve regarding future interest rate cuts. The yellow metal has ...

The British economy has shown improvement by extending its recovery from the recession, with a growth of 0.6% in the second quarter of the year.  This positive development comes as ...

Israeli war cabinet member, Benny Gantz has stated that “Israel will not put up with the threat that Hezbollah poses to the residents of the north” of the country. “The ...

In order to save the UK economy, as it faces the scare of recession, the Bank of England has raised interest rates for the fourteenth time, to 5.25%. The central ...

The President of the European Central Bank, Christine Lagarde has pledged to hike interest rates of the Central Bank, during a gathering that involved the governing council of the bank ...

Kristalina Georgieva, Managing Director of the International Monetary Fund, has warned that a third of the global economy will be faced with recession this year, 2023. According to Georgieva, 2023 ...