From Promoting Economic Pluralism
The death of Queen Elizabeth II could be the blow that sends the United Kingdom’s already-strained economy into a “technical recession,” according to one economic projection, as some Canadians also ring warning …
Queen’s funeral could push U.K. into ‘technical recession’: economic forecast Read More
FRANKFURT, Germany — The European Central Bank is expected to frontload a series of rate hikes and sacrifice growth in the region due to the rising cost of living which …
European Central Bank could unleash a jumbo rate hike as the economy slides toward recession Read More
Russia’s economy was predicted to collapse after Western countries imposed unprecedented sanctions on Moscow over the war in Ukraine. But last week, the Russian statistics bureau Rosstat said gross domestic …
Is Russia’s economy really hurting? Read More
LONDON — Sterling in August suffered its sharpest monthly fall against the U.S. dollar since the aftermath of the Brexit referendum, as political uncertainty and a historic cost-of-living crisis weigh …
Sterling suffered its worst month since Brexit, and analysts expect it to ‘plumb new depths’ Read More
For asylum seekers, who are given a paltry sum to live off by the Home Office, rising prices are set to make a desperate financial situation even worse. UK inflation …
How the soaring cost of living is impacting asylum seekers Read More
The pound sterling dropped on Thursday after the Bank of England upped interest rates by the biggest increase in 27 years. At the same time it delivered the rise in …
UK central bank raises interest rate, warns of recession Read More
With prices rising at their fastest pace in a generation, the Federal Reserve is ratcheting up its fight against inflation. On Wednesday, the Fed raised its benchmark interest rate by …
Another big Fed rate hike is here to battle inflation. Economy hangs in balance Read More
The current recession, unlike past economic slumps that have tended to be worse for men, is disproportionately bad for women. It comes after a period where the COVID-19 pandemic and …
Closing the gender gap for women could help economies out of crisis. Here’s how Read More
China’s economy grew at the slowest pace since the start of the COVID-19 pandemic in the second quarter, highlighting the punishing economic toll of Beijing’s stringent “dynamic zero COVID” strategy. …
China’s economy slows sharply, fanning global recession fears Read More
LONDON, June 29 (Reuters) – Britain’s economy is struggling under the strain of two major risks in the form of double-digit inflation and a possible recession, leaving the Bank of …
UK economy faces double threat of inflation surge, recession risk Read More