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Global recession risk spikes amid markets slump
A pandemic-driven global recession is becoming more likely by the day as the flow of goods, services and people face ever-increasing restrictions and financial markets slump.
Australian economy headed for recession
Australia’s economy will record its first recession since 1991 as the hit from China’s virus-induced slowdown is amplified by slumping confidence and domestic disruptions from the outbreak intensifying Down Under, according to Bloomberg Economics’s James McIntyre.
South Africa in recession after shock economic slump
The South African economy shrank by 1.4 percent in the fourth quarter of 2019, according to new Gross Domestic Product numbers, released by Statistics SA.
Japan's recession risks grow as economy skids in fourth-quarter, virus clouds outlook
Japan’s economy shrank at the fastest pace in almost six years in the December quarter as last year’s sales tax hike hit consumer and business spending, highlighting a fragile outlook made worse by growing coronavirus risks.
Avoid UK recession by kickstarting green economy, says think tank
The UK government fightback against the next recession should include pumping as much as £50 billion into green projects, in a move that would help reboot the economy and tackle the climate emergency, according to a left-leaning think tank.
Eurozone likely dodged recession but growth to stay tepid
The eurozone economy has avoided a recession, according to a Reuters poll of economists who were reasonably confident of that outcome, but their growth and inflation outlook remains very modest for the coming years.
Germany teeters on recession, but it’s not all bad news
Germany’s recent glimmer of hope after a year of industrial doldrums risks coming too late to prevent wider weakness from taking hold.
Singapore’s economy dodges technical recession after growing 0.6% in the third quarter
Singapore’s economy — often seen as a bellwether for global growth — avoided a technical recession after growing by 0.6 percent in the third quarter, compared to the previous three months.
Recession looms for Britain
GDP figures for the second quarter showed the UK economy going into reverse as some of the stock building that took place in the first quarter unwound and investment continued to fall. Exports also fell back, though this was offset by an even sharper drop in imports.
What profits at Canada's big banks are saying about the odds of a recession
If a recession is headed our way, the canaries in the economic coal mine that are most likely to sing its arrival will be Canada's big banks.
Export slump pushes German economy to brink of recession
A collapse in exports pushed Europe’s largest economy to the brink of recession in the second quarter.
US stocks tumble on recession fears
Wall Street stocks were back in sell-off mode early Wednesday as weak economic data from China and Germany and a key US Treasury benchmark exacerbated global recession fears.
Singapore slashes 2019 growth forecast stoking recession fears
Singapore slashed its full-year economic growth forecast on Tuesday as global conditions were seen worsening and data confirmed the slowest growth rate in a decade amid mounting fears of recession in the city-state.
Three of Europe's biggest economies are probably in recession — ECB is out of bullets
Europe could be about to hit a crisis, as three of its largest economies are tanking at the same time.

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