Page 2 - Latest Updates on Recession
Global South shouldn't be saddled with unviable debt from initiatives: EAM
"Today when the world is facing challenges, looming economic recession, broken supply chains, food and energy insecurity this calls for closer cooperation with the SCO"
 "Global South shouldn't be saddled with unviable debt from initiatives: EAM")
Bond market bulls at JPMorgan, Allianz double down on bet gone bad
That strategy is now misfiring once again, saddling them with subpar returns and testing their resolve as the selloff deepens week after week
 "Bond market bulls at JPMorgan, Allianz double down on bet gone bad")
Sentiments for real estate sector remain bullish for next 6 months: Survey
"This is due to the continued resilience of the Indian economy amid a recessionary environment globally
 "Sentiments for real estate sector remain bullish for next 6 months: Survey")
Is a recession still on the cards?
Amidst the surprisingly strong market performance, investors are questioning the possibility of a recession in the US, but history suggests caution is still warranted
 "Is a recession still on the cards?")
Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI
Threat of a global recession, economic crisis triggered by the Russia-Ukraine war and dip in the real GDP growth rate of countries like Singapore
 "Global recession, crisis due to Russia-Ukraine conflict led to fall in FDI")
Citigroup downgrades US stocks amid recession risks, upgrades Europe
Strategists at the brokerage downgraded UK stocks on a lack of exposure to growth stocks and a stronger pound
 "Citigroup downgrades US stocks amid recession risks, upgrades Europe")
Largest US banks would survive severe recession, Fed's 'stress tests' show
Fed policymakers also hinted that they could make the tests harder in future iterations, due to the banking crisis earlier this year
 "Largest US banks would survive severe recession, Fed's 'stress tests' show")
Recession risk, rate rises drive down private equity deals to 4-yr low
Since the start of the year, buyout firms have been unable to secure cheap debt and have had to draw on their own funds, marking a departure from traditional leveraged buyouts
 "Recession risk, rate rises drive down private equity deals to 4-yr low")
Britain witnesses recession and flood of job losses if rates hit 6%
The UK has so far weathered the cost of living crisis without falling into recession
 "Britain witnesses recession and flood of job losses if rates hit 6%")
China snips key lending rate as economy tumbles; retail sales jump
The People's Bank of China lowered the rate on its one-year loans
 "China snips key lending rate as economy tumbles; retail sales jump")
New Zealand's economy dips into recession as higher interest rates bite
New Zealand's economy has dipped into recession as higher interest rates take their toll, new figures released Thursday show
 "New Zealand's economy dips into recession as higher interest rates bite")
Australia has 50% chance of sliding into recession this year, says CBA
The Commonwealth Bank of Australia on Friday downgraded its economic forecasts following a recent cash rate increase, saying the country has a 50 per cent chance of sliding into recession this year
 "Australia has 50% chance of sliding into recession this year, says CBA")
Power shock: Euro zone saw winter recession, more challenges ahead
Along with Germany, GDP also declined in Greece, Ireland, Lithuania, Malta, and the Netherlands
 "Power shock: Euro zone saw winter recession, more challenges ahead")
88% Indians unaware of the existence of AI tools: Axis My India survey
Out of the people who were aware of these tools, 26 per cent said these tools have the potential to replace human jobs
 "88% Indians unaware of the existence of AI tools: Axis My India survey")
TMS Ep444: JioCinema, recession in Germany, Adani stocks, heat dome
Is JioCinema ready for the big league? Will recession in Germany hit the Indian economy? Has the rally in Adani stocks run its course? What is heat dome? All answers here
 "TMS Ep444: JioCinema, recession in Germany, Adani stocks, heat dome")
Germany recession may impact Indian exports: CII EXIM committee chairman
Economic recession in Germany is likely to impact India's exports from various sectors, Chairman of the CII Committee on EXIM Sanjay Budhia has said
 "Germany recession may impact Indian exports: CII EXIM committee chairman")
UK's Treasury chief accepts that recession may be imp to lower inflation
Higher borrowing costs are aimed at making it more expensive for individuals and businesses to borrow, which dampens demand in the economy
 "UK's Treasury chief accepts that recession may be imp to lower inflation")
India's goods exports may see a marginal impact from Germany recession
But exports may contract in FY24 due to worsening external situation in FY24
 "India's goods exports may see a marginal impact from Germany recession")
Germany enters recession: What went wrong with Europe's largest economy?
According to Germany's statistics agency, the economy contracted by 0.3 per cent in the first quarter of the year, following a 0.5 per cent contraction in the final three months of 2022
 "Germany enters recession: What went wrong with Europe's largest economy?")
Germany's GDP shrinks by 0.3% in first quarter, puts economy into recession
New figures show the German economy suffered an unexpected dip in the first quarter of this year, putting the country formally into recession
 "Germany's GDP shrinks by 0.3% in first quarter, puts economy into recession")
