Tag: Recession
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What would a technical recession mean to Canada?
[ad_1] Breadcrumb Trail Links NewsEconomy GDP may have shrunk over the past two quarters. What does that mean for the economy and the Bank of Canada? Published Nov 06, 2023 • Last updated 9 hours ago • 4 minute read The warehouse at the Daily Bread Food Bank CEO in Etobicoke, Ont. Economic growth has been…
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Recession delayed, but it has not been derailed
[ad_1] Breadcrumb Trail Links Economy This downturn will come in the next few quarters, not the next few years Published Oct 23, 2023 • Last updated 16 hours ago • 5 minute read The recession will come in the next few quarters, not the next few years, says David Rosenberg. Photo by KAREN BLEIER/AFP/Getty Images Article…
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U.S. Government Shutdown Is Unlikely to Cause an Immediate Recession
[ad_1] Follow our live updates for a potential government shutdown. Federal government shutdowns have become so common in recent years that forecasters have a good read on how another one would affect the American economy. The answer is fairly simple: The longer a shutdown lasts, the more damage it is likely to inflict. A brief…
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Recession fears as UK economy shrinks by more than expected
[ad_1] For free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails The UK economy shrank surprisingly sharply in July as retailers and construction projects were knocked by wet weather, sparking fresh fears of a recession. Experts forecast a 0.2 per…
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Recession poses challenges for BRP, but CEO says it can overcome them
[ad_1] Breadcrumb Trail Links Transportation News Economy Customers tend to be higher-income earners that are less impacted by inflation, José Boisjoli says Published Sep 11, 2023 • 3 minute read Bombardier Recreational Products Inc. chief executive José Boisjoli at his office in the company headquarters in Valcourt, Que., in 2017. Photo by Dario Ayala/National Post…
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Tips For Your Home-Based Business To Survive A Recession
[ad_1] by Henry Ma, CEO of Ricoma International Although the United States is not yet in a recession, recent economic downturns over the past several years following an unprecedented global pandemic have led some economists to predict one may be on the horizon in late 2023 or 2024. The economic uncertainty that accompanies a recession can…
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UK inflation falls sharply but recession still looms, economists warn
[ad_1] Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Britain could lurch from high inflation into a recession next year with interest rates unlikely to fall until the second half of 2024, economists have warned. Cuts to energy prices led to…
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Will a China-Led Global Recession Influence Beijing’s Russia Policy? – The Diplomat
[ad_1] China Power | Economy | East Asia China’s domestic economic realities are colliding with Xi’s geopolitical ambitions and impacting Beijing’s Russia policy. Advertisement The Chinese economy is in trouble. Weak investment and consumer spending – what some have termed a “general erosion of public faith” – is compounding other, structural problems in the Chinese economy. A China-led global…
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What Earnings Recession? – The Big Picture
[ad_1] My RWM colleagues Josh Brown and Michael Batnick do a bang-up job each week diving into the specifics of the newsflow in What Are Your Thoughts? Don’t miss my favorite chart from this week’s discussion 46 minutes deep into the episode; its from Bank of America by way of Batnick (above). All of…
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ECB hikes rates for ninth time, despite recession fears
[ad_1] Listen to article The European Central Bank raised interest rates for the ninth consecutive time on Thursday (27 July), even as the risk of recession is growing. The bank has now increased borrowing costs by 4.25 percent since last summer, to the highest it has been since the euro was introduced. Read and decide…