Published by Promoting Economic Pluralism
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
Leaders of the European Union’s 27 member states are meeting for the second day of a summit on Friday to address the bloc’s inflation-hit economy. The first day of the summit …
EU leaders talk economy as Russia slashes gas supplies Read More
LONDON, June 16 (Reuters) – The Bank of England stuck to its gradual increases in interest rates on Thursday, as other central banks took more urgent action, but said it …
Chances of recession in Britain in next two years have increased, J.P. Morgan economists say Read More
The UK economy is “grinding to a halt” as a tightening cost of living squeeze sends a chill through private sector activity, reveals a closely watched survey. Households are cutting …
UK economy is ‘grinding to a halt’ amid cost of living crisis Read More
US Treasury Secretary Janet Yellen said Thursday the global pandemic and Russia’s invasion of Ukraine highlight the possibility of big economic shocks in the future, adding that downturns are “likely …
Possibility of ‘large’ economic shocks in future, Yellen warns Read More
Economic expansion in the euro zone began 2022 on a weak footing — underscoring the damage from soaring energy costs and worsening supply snarls following Russia’s invasion of Ukraine. Output …
Euro Zone Barely Grows as Germany Dodges Recession: GDP Update Read More
More than two years on from the first cases being detected in Wuhan, China is battling the “worst Covid-19 outbreak” it has seen since the early days of the pandemic, …
Is China’s zero-Covid strategy a threat to the world economy? Read More
WADI NAHLEH, Lebanon — Two weeks before he was supposed to get married, Bakr Seif told his mother he was going out to see his fiancee and would be back …
As economy collapses, some young Lebanese turn to militancy Read More
Full employment is being pursued by Biden, despite repeated consultation will famously neoliberal Larry Summers. James Galbraith and Ryan Grim sit down to discuss what this means for US economic …
Full Employment Prioritised by Biden Read More
A post-Covid divergence in fortunes is leaving women in the trailing leg. Selvin Kwong reports. Jenny is one of many women who lost their jobs or had their hours reduced …
The K in recovery Read More