recession
IMF: Nearly all Mideast economies hit by pandemic recession
Middle East
October 19, 2020
IMF: Nearly all Mideast economies hit by pandemic recession
DUBAI, United Arab Emirates (AP) — The coronavirus pandemic has pushed nearly all Mideast nations into the throes of an…
Japan slides into recession — with forecasts of worse to come
World
May 18, 2020
Japan slides into recession — with forecasts of worse to come
Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy shrinking by…
Middle East economies battered by virus, oil prices and conflict
Middle East
April 15, 2020
Middle East economies battered by virus, oil prices and conflict
DUBAI, United Arab Emirates (AP) — The Middle East, already wracked by high numbers of unemployed youth, unrest, conflict and…
V-shaped or U-shaped? Some economists upbeat on virus recovery
World
April 11, 2020
V-shaped or U-shaped? Some economists upbeat on virus recovery
The coronavirus pandemic has hit like a worldwide hurricane, shutting activity in most economies simultaneously, but some forecasters are more…
Italy, Spain suffer record virus deaths as infection rate surges
World
March 28, 2020
Italy, Spain suffer record virus deaths as infection rate surges
Italy has logged a shocking spike in its already staggering coronavirus death toll, with officials warning the peak of the…
Coronavirus strikes at Mother’s Day gift market in Egypt
Egypt
March 21, 2020
Coronavirus strikes at Mother’s Day gift market in Egypt
Brought on by precautionary measures against the novel coronavirus, a recession has hit clothing, shoe and gift markets in Egypt,…
‘Suffering’ German economy dodges recession in third quarter
World
November 14, 2019
‘Suffering’ German economy dodges recession in third quarter
The German economy escaped a recession in the third quarter as consumers, state spending and construction drove a 0.1 percent…
Hong Kong enters recession as protests again erupt in flames
World
October 28, 2019
Hong Kong enters recession as protests again erupt in flames
HONG KONG (Reuters) – Hong Kong has fallen into recession, hit by five months of anti-government protests that erupted in…
Price of poultry declining to rates not seen in three years: official
Economy
October 14, 2019
Price of poultry declining to rates not seen in three years: official
The price of poultry is witnessing a decline the likes of which have not been seen in three years, despite…
US economists expect recession in 2020 or 2021: survey
World
August 19, 2019
US economists expect recession in 2020 or 2021: survey
A majority of economists expect a US recession in the next two years, but have pushed back the onset amid…