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  2. Economy of Australia - Wikipedia

    en.wikipedia.org/wiki/Economy_of_Australia

    Australia's economy is strongly intertwined with the countries of East and Southeast Asia, also known as ASEAN Plus Three (APT), accounting for about 64% of exports in 2016. [46] China in particular is Australia's main export and import partner by a wide margin. [47] Australia is a member of the APEC, G20, OECD and WTO.

  3. Australia hopes to fend off recession despite global ... - AOL

    www.aol.com/news/australia-hopes-fend-off...

    The Australian economy will likely avoid a recession despite the world economy being in "a dangerous place right now", Treasurer Jim Chalmers said on Tuesday, ahead of the government's first ...

  4. COVID-19 recession - Wikipedia

    en.wikipedia.org/wiki/COVID-19_recession

    The COVID-19 recession was a global economic recession caused by COVID-19 lockdowns. The recession began in most countries in February 2020. After a year of global economic slowdown that saw stagnation of economic growth and consumer activity, the COVID-19 lockdowns and other precautions taken in early 2020 drove the global economy into crisis.

  5. List of stock market crashes and bear markets - Wikipedia

    en.wikipedia.org/wiki/List_of_stock_market...

    Shanghai Composite dropped to a four-year low, escalating their economic downturn since the 2015 recession. [37] [38] 2020 stock market crash: 24 Feb 2020: The S&P 500 index dropped 34%, 1145 points, at its peak of 3386 on 19 February to 2237 on 23 March. This crash was part of a worldwide recession caused by the COVID-19 lockdowns. [39] [40] [41]

  6. Are we in a recession or ‘vibecession’? - AOL

    www.aol.com/finance/recession-vibecession...

    The debate over whether the U.S. is in a recession or merely experiencing a “vibecession” has gained traction as of late as several economic indicators have painted a somewhat confusing picture.

  7. Australia hasn't had a recession in 25 years - AOL

    www.aol.com/news/2016-09-07-australia-hasnt-had...

    The country just released data showing its economy hasn't experienced two straight quarters of negative growth since 1991.

  8. Great Recession in Oceania - Wikipedia

    en.wikipedia.org/wiki/Great_Recession_in_Oceania

    Australia's recession affected New Zealand's economy as Australia was New Zealand's biggest export market. [2] [3] It is said that the term Great Recession as a description of the post-2008 slump is not recognized by Australians particularly those under 30 due to its mild, intangible impact on the country's economy. [4]

  9. One chart shows why an official recession call isn't coming ...

    www.aol.com/finance/recession-one-chart-shows...

    The NBER officially calls U.S. recessions, and data from Bank of America shows why this group won't be in a rush to declare the U.S. economy in recession.