Tag: Global recession
Wall Street Braces for a Recession Amid Dwindling Consumer Spending
NEW YORK, United States — Compounded by concerns of a looming global recession, U.S. stock indexes rallied...
Elon Musk Warns of a Global Recession Lasting Until Early 2024, Goes ‘Pedal to the Metal’ on Tesla Production
On Oct. 21, Elon Musk warned that the world is in for a global recession that could last until the spring...
IMF Chief Warns ‘Darkening’ Outlook for Global Economy, Rising Recession Risks
The International Monetary Fund (IMF) will next week downgrade its forecast for 2.9 percent global growth...
Turkey Inflation Hits New 24-year High of 83% After Rate Cuts
Turkish annual inflation climbed to a new 24-year high of 83.45% in September, data showed on Monday,...