Economy

Top Economist Issues Warning as US GDP Declines Again

U.S. Economy is Weakening much Faster Former Obama official Mohamed El-Erian told CNBC Thursday that the latest GDP numbers show[…]

Global Prices An ACCC report released today has shown gas companies are not doing enough to keep gas onshore as[…]

U.S. Annual Inflation U.S. annual inflation rose to 9.1 percent for the 12 months ended June 2022, hitting a 40-year[…]

European Central Bank has Raised its Benchmark Deposit Rate The European Central Bank has raised its benchmark deposit rate for[…]

Global recession amid Rising Inflation, We look at the looming possibility of a global recession amid rising inflation, the pandemic[…]

Economy Federal Reserve Chairman Jerome Powell speaks about whether the U.S. is in a recession after the Fed’s decision to[…]

Russian economy is doing better than Expected The IMF says Russian economy is doing better than expected. The West had[…]

Energy Crisis European Union member states reached an agreement in Brussels on Tuesday on an emergency proposal to reduce gas[…]

World Economy The IMF has slashed its global growth forecasts for 2022-2023 and raised its projections for inflation, warning that[…]

Recession Seems More Likely With the cost of living rising every month, a painful recession seems more likely. When the[…]

Inflation and Severe Slowdowns in the United States and China Taking note of surging inflation and severe slowdowns in the[…]

U.S. in a recession Is the U.S. in a recession? Many economists think that’s a possibility and by some measurements,[…]

World Politics As Europe slogs deeper into the summer season, countries across the continent were hit this week by droughts,[…]

World Politics The Biden administration is being accused of “redefining” a recession after the White House Council of Economic Advisers[…]

Will Europe run out of Gas? It seems that Putin’s strategy to weaponise gas and energy supply may be working,[…]