Germany to narrowly avoid recession in 2023Inflation is seen at 6% in 2023, down from the previous 7% forecast, as energy prices ease following the initial shock of the energy crisis...
26 Jan, 2023, 11.13 AM IST
Explainer: What Elon Musk's dance with Twitter really meansElon Musk has been tweeting for a long time, but he began buying Twitter stock in earnest only a few months ago. He started on Jan. 31, whe...
12 Apr, 2022, 09.33 AM IST
Debt in a warm climate: Coronavirus and carbon set scene for defaultTo avert disaster, countries are committing to carbon cutting steps. But these will be costly and likely to add to a global debt pile which...
12 Aug, 2021, 07.16 PM IST
CDC ramps up research on highly contagious variant from IndiaWhile U.S. cases attributed to the B.1.617 variant currently sit below 1%, the growth rate remains unclear due to the small sample size. Me...
23 May, 2021, 10.55 AM IST
Germany's stricter lockdown increases recession risksChancellor Angela Merkel and state leaders agreed on Sunday to shut most stores from Wednesday until at least January 10 to reverse a tide ...
14 Dec, 2020, 08.31 PM IST
ECB's Lagarde takes benign view on growth, euro strengthWhile warning that a second wave of coronavirus infections represented "headwinds", Lagarde announced a slight upgrade in the bank's 2020 g...
10 Sep, 2020, 10.00 PM IST
German economy shrinks at record pace in 'recession of a century'The Federal Statistics Office said gross domestic output in Europe's largest economy shrank by 10.1% quarter-on-quarter from April to June ...
30 Jul, 2020, 06.41 PM IST
Goldman says ‘Fragile Five’ a misnomer as catchphrases can burnThe new grouping is composed of Turkey, Argentina, Pakistan, Egypt and Qatar.
23 Nov, 2017, 09.46 AM IST
ECB haunted by ghost of the Christmas past as economic stimulus choice nearsAlmost all economists surveyed expect the ECB president to announce on Thursday that the institution’s bond-buying program will be extended...
06 Dec, 2016, 07.10 PM IST
S&P all set to lower UK ratingS&P Global Ratings is preparing to remove the UK’s top credit grade after the country voted to leave the European Union.
25 Jun, 2016, 06.56 AM IST
S&P warns of more sovereign downgrades than upgrades in 2016On the heels of both the World Bank and IMF lowering their global growth forecasts, rating agency Standard & Poor's warned of more sovereig...
07 Jan, 2016, 10.18 PM IST
'India and China rivalry can be resolved through cold peace'The book 'Cold Peace: China-India Rivalry in the Twenty- First Century' begins with an observation that "the 21st century will witness Chin...
24 Jan, 2014, 03.35 PM IST
- Euro region’s recession seen longest in single currency era
“We are at a very critical stage at the moment and there are indicators that uncertainty is on the rise again,” said Joerg Kraemer, Commerz...
14 May, 2013, 07.11 AM IST
- 'Greece may have to restructure again'
Greece will probably have to restructure its debt again and this may involve bailout partners such as European governments, said S&P's Mori...
30 Mar, 2012, 04.53 AM IST
- France rating could go lower, but no eurozone break up: S&P
France risks another downgrade of its sovereign credit rating if its public debt and budget deficit deteriorate further, Standard & Poor's ...
14 Jan, 2012, 10.29 PM IST
- Bailout details ease Greek borrowing costs
Greece's borrowing costs dipped Monday in positive early market reaction after eurozone countries filled in key details of their financial ...
12 Apr, 2010, 03.23 PM IST
- Europe economy shrinks as spending, investment falter
Europe’s economy contracted in the second quarter for the first time since the launch of the euro almost a decade ago as faltering sales un...
15 Aug, 2008, 04.03 AM IST