Saudi Arabia hosts digital G20 business chief meeting
The leaders discussed strategies for the post-pandemic period...
Tag : recession
Global CEOs prepare for a U-shaped recession, says survey
Around 3534 CEOs participated in the survey from 109 countries...
2020: Recession proof your business
It is hard to predict a recession and its outcome, but nevertheless businesses can be prepared for it...
Dollar dips on trade optimism as US-China talks are awaited
The dollar sagged on Monday as investor demand for the safe-haven currency receded on optimism over a reduction in US-China trade tensions...
Central Bank of Nigeria released US$210mn to relieve dollar crunch
The Central Bank was “ready to inject funds into the market, whenever and wherever necessary, in order to maintain market stability as well as sustain the financial system,” the statement reads...
Nigeria hampered by fiscal indiscipline and large-scale corruption
Necessitates reduction of incentives for fiscal indiscipline at subnational government level...
Next US president may have to deal with recession
WSJ survey reveals odds of a recession within next 12 months is about 21% IFM Correspondent October 24, 2016: Only a few weeks is left before the US chooses its 45th president. Historically, every US president elected till date has faced a recession or a recession-like scenario. A Wall Street Journal survey in June of...
Flying through the eye of a storm
Expect UK to enter technical recession between second half of 2016 and first half of 2017 Jaspreet Sehmi August 2, 2016: In its first set of projections published since the UK voted to leave the EU, the IMF has downgraded its forecasts for global, eurozone and UK growth. In addition, the Fund says that the...
Japan dips into recession
GDP shrank 1.6% on an annualised basis as firms held back on capital investment November 17, 2014: Japan’s economy slipped to recession in the third quarter for the second time in a row. This has set stage for Prime Minister Shinzo Abe to delay sales tax hike and call for a snap election halfway through...
Italy is back in technical recession
Istat indicated that domestic demand was growth neutral, whilst net exports were a drag on growth August 6, 2014: Istat just released its flash GDP estimate, signaling that in 2Q14 the Italian economy fell back into technical recession. According to Istat, the Italian GDP contracted 0.2% QoQ (from -0.1% QoQ in 1Q14) and 0.3% YoY....