India Enters Recession, Worst Among Major Economies
India’s economy contracted 7.5 percent between July and September, performing the poorest among major advanced and emerging economies and entering a technical recession for the […]
Recession
Economists fear a “double dip” recession is coming soon
The U.S. economy is losing steam as COVID-19 cases continue to spread across the country and Congress delays passing another coronavirus relief package to help […]
Unemployment claims rise for the second week in a row
The number of Americans applying for jobless aid rose for the second week in a row, signaling the economic recovery is losing speed. Roughly 778,000 […]
COVID-19: UK to borrow £394bn to increase doctors’ pay, tackle recession
The United kingdom is set to borrow £394 billion to deal with the economic impact of the coronavirus pandemic. This is the highest ever amount […]
Our Recession Will Be Shortlived – Minister Of Information and Culture, Lai Mohammed
Lai Mohammed, The Minister of Information and Culture has said that the government is confident that with the intervention policies, the fiscal and monetary interventions […]
A Tale of two economies, By Stephen S. Roach
As financial markets celebrate the coming vaccine-led boom, the confluence of epidemiological and political aftershocks has pushed us back into a quagmire of heightened economic […]
Economic Recession: CBN Retains Key Lending Rates
The Monetary Policy Committee has retained key lending rates at 11.5%. Governor of the Central Bank of Nigeria (CBN) announced this on Tuesday, saying it […]