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Tag: recession

Interest Rates, Jobs, and Recession: Why Australia and New Zealand Are on Opposite Paths!

Pacific Piumi Fernando -
Despite experiencing a decline in inflation, Australia and New Zealand find themselves on distinct economic trajectories. While Australia’s economy...

Warning Signs for the UK Economy—Bank of England Cuts Growth Projections

Europe Hafsah Zuhar -
(Commonwealth_Europe) The Bank of England has significantly reduced its growth forecast for the UK economy in 2025, halving its...

Will the UK’s Economy Outshine Europe by 2039? A Bold Prediction Sparks Debate!

Commonwealth Business Suraj Atapattu -
UK (COMMONWEALTH) The Centre for Economics and Business Research predicts that the UK will continue to rank as the...

UK Economy on Pause: Is Labour to Blame for the Stagnation?

Europe Hafsah Zuhar -
(Commonwealth_Europe) The UK economy has flatlined in the first three months of the new Labour government, leaving the country...

End of recession

Commonwealth Business Suraj Atapattu -
UK (Commonwealth) _The economy of Britain recovered in the beginning of the year, based on data that points to...

Fed, ECB, Bank of England leave interest rates unchanged 

Commonwealth Business Suraj Atapattu -
UK (Commonwealth) _ The major central banks in the west are expected to maintain a hold on interest rates...
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Recession Definition…

Pacific Piumi Fernando -
Australia (Commonwealth)_Ever wondered what exactly defines a recession? It turns out, the term isn't as straightforward as it seems....

Britain not expected to recede into recession this year: IMF

Europe Savithri Rodrigo -
London United Kingdom (Commonwealth Union)_With Britain’s GDP estimated to grow by a marginal 0.4 percent in 2023 albeit good...

Fears of a Wall Street recession?

News Mayondi Maralande -
Wall Street has been hit by a fresh wave of recession fears following a jolt from Federal Reserve Chair...

UK is already experiencing a recession!

Commonwealth Business Wasana Nadeeshani -
According to US Federal Reserve chairman Jerome Powell, the odds of a soft landing for the US economy are...

Eurozone suffers double-dip recession

Editorial Michael Alfonsia -
The eurozone's economy has plunged back into recession as the impact of the pandemic continues to hit activity. Europe's economies...

Recession to stay beyond 2021 says LCCI

Africa Michael Alfonsia -
By Bronson Jayamanna NIGERIA (CWBN)_ In the light of the re-emergence of COVID-19, the Lagos Chambers of Commerce and Industry...

Cotton exports in Uganda recovers from recession

Africa Michael Alfonsia -
P. Sarojini        Uganda (CWBN)_ According to the report from the Bank of Uganda, cotton exports of the country, both...

Nigeria will recover from recession by Q1

Africa Michael Alfonsia -
By Chathushka Perera Abuja, Nigeria (CWBN)_ Governor of the Nigerian Central Bank, Godwin Emefiele, said that he expects the local...

Economic recession over but with serious consequences

Europe Michael Alfonsia -
By Chathushka Perera LONDON, UK (CWBN)_ Earlier today, the UK reported an economic growth of 15.5% in the third quarter...

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