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RECESSSION
New Zealand enters recession, economy sees worst downturn since 1991, currency hits new lowNew Zealand's economy shrank by 1% in the third quarter. This was worse than predicted. The country is now officially in recession. The New...- Bank of England admits it got wrong on recessionBank of England staff now expect underlying UK GDP to grow by around 0.2% in both 2023 Q1 and Q2, compared to expectations in the February ...
- 2023 will be brutal year for global economy; no company or country can escape it: Trip ChowdhryEach of the companies from the entire tech pack will suffer either now or later. But there can be a situation that some companies may discl...
- Investors need to be ready for rising recession risk in USThe dipping bond yields, downturned pivot point, and the fear of upcoming price crunch can increase the chances of recession risks. Globall...
- PotashCorp acquisition may add to fertiliser subsidy billndia seems relegated to a bit role in the ongoing global potash sector buyout drama despite being the biggest importer in the world.
- US recession 'alive and acute' for millions: GeithnerUS Treasury Secretary Timothy Geithner said Thursday the recesssion remains "alive and acute" despite the economy emerging from a year of c...
- Finance crisis: France sets up sovereign wealth fundNicolas Sarkozy announced the creation of a French sovereign wealth fund on Thursday as employers warned that the credit crunch is pushing ...
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