The International Monetary Fund (IMF) has revised its previous assertion of a potential recession in the UK this year, raising the country’s growth forecasts for the second consecutive month.
The International Monetary Fund (IMF) has issued a warning that a banking crisis labeled as ‘severe’
According to the latest World Economic Outlook from the International Monetary Fund (IMF), the global economy is now in a precarious position, with the threat of a worldwide recession increasing.
Germany risks falling into recession this year
According to recent data, the German economy contracted more than expected in the final quarter of 2022, shrinking by 0.4 per cent compared to the previous three months, and raising
Europe’s Fossil Fuel Use Is Set to Plummet in 2023
As the European Union focuses on renewable energy sources to replace Russia’s energy supply, the amount of electricity generated from fossil fuels is expected to plummet.
Germany on cusp of recession experts have warned
Experts warn that Germany is in recession after unexpectedly falling at the end of last year, according to official data.
World Economy Is Headed for a Recession in 2023, Say Researchers
According to the Centre for Economics and Business Research, there is a global recession coming in 2023. Higher borrowing costs to combat inflation causes a variety of economies to contract.
“What’s Coming Is WORSE Than a Recession” – Jeremy Grantham
Jeremy Grantham’s Warning on a growing problem which is putting the world into grave danger.
The UK goes big to ease energy shock, EU meets on Friday
Britain will limit consumer energy bills over two years and channel billions of dollars to power companies, Liz Truss, the new leader of the country’s energy department, said Thursday. This
The UK will announce many new North Sea oil-and-gas licences
Two sources familiar with British discussions indicated that the British government will announce many new North Sea oil- and gas exploration licenses to increase domestic production.
UK biggest gas supplier Norway willing to discuss price cap
Norway is open to discussing long-term gas deals and price caps, which could help lower the UK’s sky-high energy costs.
UK Inflation on track for double digits
Hussain Mehdi at HSBC Asset Management warns that the worst is yet ahead, with inflation expected to reach double digits for the first time since 1980.