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It may be impossible to predict whether a recession is coming in the next year or not, but there's still good news about the future of the market. ... Right now is the perfect time to double-check ...
The coronavirus is spreading faster in India than anywhere else in the world, with more than 3.3 million people already infected and related deaths at over 60,000. Recovery hopes dashed for India ...
India’s economy expanded by a weaker-than-expected 0.4% in the October-December quarter, which still allowed it to escape recession following large contractions in the two previous quarters ...
The economic impact of the COVID-19 pandemic in India has been largely disruptive. India's growth in the fourth quarter of the fiscal year 2020 went down to 3.1% according to the Ministry of Statistics. The Chief Economic Adviser to the Government of India said that this drop is mainly due to the coronavirus pandemic effect on the Indian economy.
Another recession came at the beginning of the 1990s as the result of a major stock collapse in October 1987, [176] referred to now as Black Monday. Although the collapse was larger than the one in 1929, the global economy recovered quickly, but North America still suffered a decline in lumbering savings and loans, which led to a crisis.
It's no secret that there's a lot of scary things going on in the world right now — the continuing COVID-19 pandemic and the war in Ukraine chief among them. These world events also have impacts ...
The UK entered a technical recession in the final six months of 2023. [210] [211] Germany's inflation rate reached 11.7% in October 2022, the highest level since 1951. [212] In 2023, Germany fell into recession from January to March due to persistent inflation. [213] In France, inflation reached 5.8% in May, the highest in more than three ...
JPMorgan Chase CEO Jamie Dimon once again cited global instability as his chief concern and named it as one of the reasons why inflation may not yet be under control, saying that “geopolitics is ...