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UK ECONOMY CONTRACTION
UK recession fears grow if Hormuz remains closed, forecaster warnsBritain's economy may shrink in 2027 if the Strait of Hormuz closure continues. Forecasters predict a 0.2% contraction if the waterway rema...- Destroyed in 2005, reborn through LNG: Inside America's unlikely energy powerhouseCameron Parish, once devastated by Hurricane Rita, now leads America's liquefied natural gas boom. This transformation brings billions in r...
- PPI vs WPI: What is Producer Price Index and why will it replace Wholesale Price Index in India?India is phasing out the Wholesale Price Index for a new Producer Price Index. This shift aims to capture prices closer to the factory gate...
- From tariffs to talent: How India–UK CETA can transform services trade and professional mobilityThe UK-India CETA agreement, effective July 2026, enhances services trade and professional mobility. It offers improved market access acros...
- Rs 6 lakh crore wealth boost! Sensex rallies 828 points, Nifty closes above 24,200. 5 key factors behind D-Street rallyIndian stock markets experienced significant gains on Friday, with major indices closing higher. TCS reported strong first-quarter earnings...
- Trump’s war means higher global interest rates for years to comeGlobal interest rates are set to remain higher for longer, with Bloomberg Economics forecasting borrowing costs elevated by up to half a pe...
- How Dubai is trying to bring tourists and investors back after months of regional tensionsDubai convened business leaders following Iran's strikes to mitigate economic fallout, pledging $681 million in support. While a preliminar...
- Dollar steadies, set for weekly loss on US-Iran deal talksThe dollar steadied but eyed a weekly loss as Middle East peace talks and SpaceX's massive IPO dominated market attention. The euro edged h...
- European shares rally as Middle East peace hopes drag oil prices lowerEuropean shares surged on Friday, driven by renewed hopes for a Middle East diplomatic breakthrough that lowered oil prices. The pan-Europe...
- UK economy shrinks in April as Middle East war hitsBritain's economy contracted in April as the Middle East war hit growth, official data showed Friday, dealing a setback to Prime Minister K...
- Global Market | European stocks rally as oil falls on hopes for US-Iran dealThe benchmark snapped a four-day losing streak on Thursday, as investors digested the European Central Bank's rate hike and largely looked...
- Global Market: Iran war sparks bond market turmoil as yields swing wildly in MayGlobal bond markets saw significant turbulence in May. Geopolitical tensions and inflation worries caused government borrowing costs to sur...
- Gold slips on stronger dollar, oil; Trump's decision on Iran ceasefire in focusGold prices dipped slightly as a stronger dollar and rising oil prices weighed on the market. Investors are closely watching President Trum...
- Charting the Global Economy: Factory activity sags on inflationGlobal economic activity is slowing, with manufacturing contracting in many regions due to persistent inflation and the ongoing energy crun...
- War weighs on global growth with price worries intensifyingGlobal economic momentum is slowing. Businesses face rising inflation pressures due to an energy crunch. Manufacturing and services sectors...
- UK to spend $1.35 billion on new howitzers for the British ArmyBritain will spend one billion pounds on seventy-two remote-controlled howitzers. This purchase modernizes the army and fills a war-fightin...
- UK economy contracts unexpectedly in January by 0.1%Britain's economy unexpectedly contracted by 0.1% in January compared to December, according to data released by the Office for National St...
- UK economy contracts by 0.1% in May: ONSEconomic output fell 0.1% in May from April, the ONS said. A Reuters poll of economists had pointed to a contraction of 0.3% from April.
- More UK misery as economy contracts in Q3The Bank of England has said the UK economy would also contract in the current final quarter, meaning the economy was in a recession that i...
- Risk of recession increases as UK economy unexpectedly contractsExperts predict the UK will go into recession as its economy shrank unexpectedly in August. Official figures suggest the drop of 0.3 per ce...
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