recession

Asia stocks slump on recession fears
World

Asia stocks slump on recession fears

Asian markets fell Thursday after the Dow suffered its worst day of the year as fears of a global recession…
Nearly a year after currency crisis, unemployed Turks still ‘can’t dream’
Middle East

Nearly a year after currency crisis, unemployed Turks still ‘can’t dream’

ISTANBUL (Reuters) – Murat Abi found employment in construction after moving to Istanbul from eastern Turkey four years ago, including…
Turkish unemployment jumps to highest rate in nearly a decade
Middle East

Turkish unemployment jumps to highest rate in nearly a decade

ANKARA (Reuters) – Turkey’s unemployment rate surged to 14.7 percent in the December-February period, its highest level in nearly a…
Nigeria re-elects Buhari president, challenger rejects
World

Nigeria re-elects Buhari president, challenger rejects

ABUJA, Nigeria (AP) — Nigeria’s president was declared the clear winner of a second term in Africa’s largest democracy early…
Turkey building boom turning to bust as economy slows
Middle East

Turkey building boom turning to bust as economy slows

Deep in a provincial region of northwestern Turkey, it looks like a mirage — hundreds of luxury houses built in…
Rising fruit prices in Egypt spur boycotts
Egypt

Rising fruit prices in Egypt spur boycotts

Calls to boycott Egyptian fruit have spread through social media on Saturday, in an attempt to lower prices after dealers…
Mass occupation underscores Brazil’s poverty, creates angst
World

Mass occupation underscores Brazil’s poverty, creates angst

Luciano Oliveira, a bricklayer, gazes at the floor of his tiny wood shack, which is one of thousands of makeshift…
Cuba bounces back from recession in first half of year: minister
World

Cuba bounces back from recession in first half of year: minister

Cuba’s economy bounced back from recession and expanded an estimated 1.1 percent in the first half of this year, driven…
US economy adds 235,000 new jobs in February
Business

US economy adds 235,000 new jobs in February

The US economy had another strong month of job creation in February, the Labor Department reported -- a result sure…
Trump predicts ‘very massive recession’ in US
World

Trump predicts ‘very massive recession’ in US

Republican presidential front-runner Donald Trump predicted that the United States is on course for a "very massive recession," warning that…
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