Germany is facing a severe recession with an immediate action plan. However, analysts see little chance of a quick recovery.
It is important to highlight that it is the only country on the continent to have faced this situation for two years. In fact, according to reports, last year "more companies…
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recession
German economy enters a possible third year of recession
The German economy experienced its second consecutive year of economic recession in 2024, marked mainly by the crisis of the industrial sector and the export model.
A few weeks before the legislative elections, scheduled for February 23,…
Bitcoin value fell below $53,000
Bitcoin, the main cryptocurrency on the market, suffered a drop in price close to 10 % this Monday, August 5, setting off alarms and causing the index of crypto fear and greed to accelerate.
The price of bitcoin began the current week…
Yellen does not believe there is a recession in the United States
The United States Treasury Secretary, Janet Yellen, indicated this Sunday in India during her meeting with the G20, that the country's economy is showing a good change, so she does not believe that they will enter a recession.
Speaking to…
The UK will no longer fall into recession this year
The UK economy, the second largest in Europe, will avoid going into recession this year, according to new forecasts from the International Monetary Fund (IMF), which now anticipates a GDP expansion of 0.4 %, compared to a contraction of…
US economy closed 2022 with growth
The United States economy closed the year 2022 with a growth of 2.1 %, sustained mainly by the consumption of the population, despite the lower purchasing power in a context of inflation. However, now the question is whether or not the…
Massive layoffs among US tech giants continue
The massive job cuts among the big US technology companies have gained new intensity in the last week, after the announcement of thousands of layoffs by Microsoft and Google, and the communication of the departure of thousands of workers…
Latin America and the Caribbean, the regions most exposed to a recession in the United States
The Latin American and Caribbean regions are the most susceptible to a possible recession in the US economy, according to the report 'The vulnerabilities of Latin America and the Caribbean in the face of a US recession.' published by Fitch…
The Bundesbank forecasts a recession and double-digit inflation in Germany
The German economy is headed for a prolonged economic recession until next year and inflation will remain at double-digit levels, the Bundesbank forecast in its monthly report released today.
"There are growing signs of a recession in the…
Eurozone faces a moderate recession
The economy of the Eurozone is facing a slowdown after the strong rebound in growth experienced, which could even become a "moderate recession", but far from a crisis scenario like that of 2008, according to the chief economist of the…