Economy

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Roubini, the chairman and chief executive officer of Roubini Macro Associates, is known as Dr. Doom as he had correctly predicted the 2008 financial crisis.

Sep 21, 2022

By Jacob J

Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

The world's three largest economies, the US, China and the euro area, have been slowing sharply, the Bank noted.

Sep 17, 2022

By Jacob J

ECB Unveils Record Hike in Interest Rates; Signalling Substantial Euro Region Slowdown in Next 2 Years

ECB said it would raise rates further over the next several sessions "to dampen demand and guard against the risk of a persistent upward shift in inflation expectations."

Sep 8, 2022

By Jacob J

Sanctions Fail as Russia Energy Exports Boom in Six Months of War: 7 Points

Russia's earnings from energy exports will touch $337 billion in 2022, which is a 38 percent rise from 2021.

Sep 6, 2022

By Jacob J

India Overtakes UK to Emerge as World's Sixth Largest Economy

The Asian powerhouse is now behind just the US, China, Japan and Germany in terms of financial strength.

Sep 3, 2022

By IANS

Emerging Markets: India Posts Robust GDP Growth of 13.5% In First Quarter

India's central bank has projected the economy's growth at 7.2 per cent for the current financial year.

Sep 1, 2022

By IBTimes APAC Desk

US Dollar to Start a Descent From 20-Year Peak, the Decline to Last Long

As the greenback's rise sent major currencies to new lows, the dollar index picked up a fresh two-decade peak of 109.4 in early Asia trade on Monday.

Aug 29, 2022

By Jacob J

Eurozone is in Recession as Ukraine War Threatens Energy Security, Says UBS

Russian energy giant Gazprom is going ahead with the plan to halt the flow of natural gas flows to Europe at the end of the month.

Aug 25, 2022

By Jacob J

What is Jackson Hole Speech? Markets on Edge Ahead of Central Bankers' Meeting

This year, the symposium organized around the topic 'Reassessing Constraints on the Economy and Policy'. The event will take place on August 25- 27.

Aug 25, 2022

By Jacob J

Biden to announce student loan waiver program

Biden to Announce $300 Billion Student Loan Waiver That Will 'Add 15 Basis Points' to Inflation

A one-time maximum waiver of $10,000 for students who make less than $125,000 will incur a cost of $300 billion for the US taxpayers.

Aug 24, 2022

By Jacob J

China's economy expands 6.7% in Q3, as Govt spending offsets weak exports

Chinese Central Bank Slashes Rates as Economy Unexpectedly Slows

The world's second biggest economy is expected to miss its official growth target this year for the for the first time since 2015.

Aug 15, 2022

By Jacob J

British Economy Contracts in the Last Three Months, Stoking Recession Fears

The service sector was particularly badly hit, falling by 0.4 per cent over the quarter.

Aug 12, 2022

By IANS

Hawkish FOMC Member Says US Fed Will Raise Interest Rates to 4% by Next Year

Chicago Fed President Charles Evans says inflation, which is up 8.5% from a year earlier, is still "unacceptably" high.

Aug 11, 2022

By IBTimes APAC Desk

Federal Reserve Shrugs Off Recession Threat as it Battles Raging Inflation With Another 75 Basis Point Rate Hike

The Fed era; Reserve is in a tight spot, between raging inflation and strong recessionary trends.

Jul 28, 2022

By Jacob J

What is Stagflationary Debt Crisis? Nouriel Roubini Warns the Coming Recession Will be Severe

Stagflation happens when slow economic growth is combined with high unemployment.The worsening debt crisis is adding another layer of risk.

Jul 26, 2022

By Jacob J

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BLOGS AND FEATURES

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

By IBTimes SG Desk

Previous 1 of Next

Economy

Incoming Recession Isn't Plain Vanilla; US Stocks Could Tank as Much as 40%, Says Nouriel Roubini

Global Economy on the Edge of Recession, Slowdown Comparable to the 1970s: World Bank

ECB Unveils Record Hike in Interest Rates; Signalling Substantial Euro Region Slowdown in Next 2 Years

Sanctions Fail as Russia Energy Exports Boom in Six Months of War: 7 Points

India Overtakes UK to Emerge as World's Sixth Largest Economy

Emerging Markets: India Posts Robust GDP Growth of 13.5% In First Quarter

US Dollar to Start a Descent From 20-Year Peak, the Decline to Last Long

Eurozone is in Recession as Ukraine War Threatens Energy Security, Says UBS

What is Jackson Hole Speech? Markets on Edge Ahead of Central Bankers' Meeting

Biden to Announce $300 Billion Student Loan Waiver That Will 'Add 15 Basis Points' to Inflation

Chinese Central Bank Slashes Rates as Economy Unexpectedly Slows

British Economy Contracts in the Last Three Months, Stoking Recession Fears

Hawkish FOMC Member Says US Fed Will Raise Interest Rates to 4% by Next Year

Federal Reserve Shrugs Off Recession Threat as it Battles Raging Inflation With Another 75 Basis Point Rate Hike

What is Stagflationary Debt Crisis? Nouriel Roubini Warns the Coming Recession Will be Severe

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

US Senate's proposed stopgap funding measure unlikely to advance in House: Speaker

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

ECB Estimates Eurozone Inflation to be Above 3% next Year; Another Rate Hike on the Cards

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%

Economists Cut Ailing Chinese Economy's Growth Rate This year to 5% From 5.5%