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 Bloomberg TV, Yellen said the slowdown in inflation is on…
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recession
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…
Japan revises the estimate of GDP drop to 7.9%
Japan's gross domestic product (GDP) contracted 7.9% in the second quarter of this year compared to the immediately preceding quarter, when it had fallen by 0.6%, representing the largest loss of activity in the entire historical series,…
Peru could lead economic recovery in Latin America
Peru will lead the economic recovery in Latin America once the Covid-19 coronavirus crisis has been overcome, due to the stimulus plan designed by the Martín Vizcarra Administration, as reported by the director general of the Public…
Gold increases its liquidity by 2% more thanks to investors
Due to the stock market storm caused by the pandemic, an increase in liquidity of gold exceeding 2% has been evidenced. The reason is that investors have sheltered their money in assets like this Precious metal, which hit the $ 1,700 per…
Germany on the edge of the abyss of recession
The German economy suffers. The nation's GDP fell one tenth in the second quarter of the year and thus opens the door to recession after a decade of virtually uninterrupted growth. For its part, the Federal Statistical Office points to the…
Venezuela is in its sixth year of recession
The contraction of the Venezuelan economy in 2019 will be 33.8%. Since 2014, domestic production of goods and services has registered an accumulated drop of 70%, which cannot be compensated by private imports or remittances. And the two…