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Recession

ECONOMY

IMF head says global economy is in recession

Digital Desk -
The head of the International Monetary Fund (IMF) has said the global economy has entered a recession that could be worse than the 2009...
BUSINESS

UK economy avoids recession after return to growth in third quarter

Digital Desk -
The UK economy avoided falling into a recession after UK Gross Domestic Product (GDP) returned to growth in the third quarter. GDP increased by 0.3% between...
WORLD NEWS

China hits out at Taiwan over asylum offer to Hong Kong protesters

Digital Desk -
China has lashed out at Taiwan over its offer of political asylum to participants in Hong Kong’s pro-democracy protest movement, a day after hundreds...
BUSINESS

Wall Street takes a beating as fears of recession increase

Digital Desk -
The threat of a recession sparked a painful day in US financial markets. The yield on the closely watched 10-year Treasury fell so low Wednesday...
BUSINESS

Nigeria Officially declares it’s in a Recession

Digital Desk -
The country's gross domestic product declined by 2.06% in the second quarter of the year, according to data released. The oil-and import-dependent economy also declined...
BUSINESS

IMF: World on verge of recession

Digital Desk -
The world is on the verge of another recession, according to the International Monetary Fund. It has revised down its global growth forecast for the...
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