Page 17 - Latest Updates on Recession
WEF 2022: Rebuilding the damaged world is a priority, say global leaders
At World economic 2022 in Davos, business, political, and tech leaders are clear that deeper collaboration is essential to rebuild a world damaged by the Covid-19 pandemic and geo-political aggression
WEF 2022: Outlook grim for global recession but experts weigh how much
"We are not in a recession yet, but the signs are not good," said David Rubenstein, Co-Founder and Co-Chairman of Carlyle at the World Economic Forum's (WEF) Annual Meet on Tuesday
 "WEF 2022: Outlook grim for global recession but experts weigh how much")
Oil prices inch lower on concerns over recession, China Covid curbs
Oil prices fell on Tuesday as concerns over a possible recession and China's Covid-19 curbs outweighed an expectation of tight global supply
 "Oil prices inch lower on concerns over recession, China Covid curbs")
Oil slips more than 2% on as recession fears spreads to financial markets
By Bozorgmehr Sharafedin
 "Oil slips more than 2% on as recession fears spreads to financial markets")
Bank of England hikes rates to 13-yr high, warns of rising recession risk
The pound fell by more than a cent against the US dollar to hit its lowest level since mid-2020
 "Bank of England hikes rates to 13-yr high, warns of rising recession risk")
With global finances at risk, can India avoid a repeat of the 1991 crisis?
India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes
Recession risks duel resilience hopes in global economy outlook
BofA reported fund managers were the most bearish they'd ever been about the outlook for growth and JPMorgan Chase & Co. boosted its reserves to insulate itself against an economic deterioration
 "Recession risks duel resilience hopes in global economy outlook")
Jan/Feb market sell-off was an just an appetizer: BofA Securities survey
Global growth optimism, according to the survey findings, was at an all-time low, with recession fears surging in the world's investment community.
 "Jan/Feb market sell-off was an just an appetizer: BofA Securities survey")
Germany faces recession if oil & gas halted, say banks
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names in industry in recent days
 "Germany faces recession if oil & gas halted, say banks")
World stocks dip on war, recession worries, oil falls $2 on reserve release
MSCI's global share index fell 0.17% to 710.22, against a high of 724.49 hit on Wednesday, heading for little change on the week.
 "World stocks dip on war, recession worries, oil falls $2 on reserve release")
Inverted US yield curve no more a worry for markets; here's why
The current yield inversion has more to do with the temporary demand-supply mismatch in the bond market and doesn't necessarily signal a recession in the US
 "Inverted US yield curve no more a worry for markets; here's why")
Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021
Sri Lanka's economy grew at a slower-than-expected 1.8% in the 4th quarter of the 2021 financial year, taking its full year growth to 3.7 per cent, data from the govt's statistics department showed
 "Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021")
Anticipated aggressive rate hikes by Fed drive up recession concerns
The Fed kicked off a new tightening cycle by raising the benchmark interest rate by 25 bps to a range of 0.25 to 0.5 per cent on March 16
 "Anticipated aggressive rate hikes by Fed drive up recession concerns")
Ukraine war threatens another global recession, deglobalisation: Patra
While immediate implications are likely lower growth, higher inflation and disruptions to financial markets, the longer-term implications are disruptions to global supply chains, he said
 "Ukraine war threatens another global recession, deglobalisation: Patra")
Omicron leaves Germany on brink of recession as growth dips
Output in Germany fell by between 0.5% and 1% in the fourth quarter, the state statistics agency Destatis said Friday.
 "Omicron leaves Germany on brink of recession as growth dips")
What is the Contingency Fund of India?
Contingency is a negative event which may occur in future, like recession or pandemic. The Constitution has a provision for a contingency fund. Its corpus is always kept intact. Find out how it works
 "What is the Contingency Fund of India?")
White House warns of a global financial crisis on debt default: Report
The potential for global recession could be worse than the 2008 GFC : Report
 "White House warns of a global financial crisis on debt default: Report")
Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays
Barclays argues the market environment isn't similar to what happened during the collapse of Lehman Brothers
 "Evergrande crisis isn't China's 'Lehman moment' for Citi, Barclays")
More red ink: US budget deficit through July hit $2.54 trillion
The US budget deficit hit $2.54 trillion for the first 10 months of this budget year, fed by spending to support the country after the pandemic-induced recession
 "More red ink: US budget deficit through July hit $2.54 trillion")
FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic
Leading FMCG companies in the country are expecting their sales growth numbers in high double digit in the April-June quarter
 "FMCG cos see double-digit sales growth in Apr-June qtr amid pandemic")
