World Recession
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Germany's Lufthansa To Cut 4,000 Jobs By 2030, Targetting Admin
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy.
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US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
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"Discriminatory": Putin Slams Western Trade Sanctions Ahead Of China Visit
On the eve of a visit to China, Russian leader Vladimir Putin blasted Western sanctions as his country's economy teetered on the brink of recession, wounded by trade curbs and the cost of his war in Ukraine.
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Ahead Of Trump Meeting, Israeli Ministers Urge Netanyahu To Annex West Bank
Cabinet ministers in Prime Minister Benjamin Netanyahu's Likud party called on Wednesday for Israel to annex the Israeli-occupied West Bank before the Knesset recesses at the end of the month.
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Russia Is On 'Brink Of Going Into Recession', Warns Economy Minister
Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
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NDTV Exclusive: India Should Not Do Somersaults To Please Trump Says, Top Economist On Tariffs
Mr Sachs emphasised that trade deficits occur when a country, in aggregate, spends more than it produces. He lambasted Mr Trumps understanding of the issue, saying, "It is dramatically wrong and oversimplified to the point of being ridiculous."
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"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
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Trump's Approval Rating Drops To 42%, Economic Concerns Weigh: Poll
President Donald Trump's approval rating ticked slightly lower this week to 42%, matching the lowest level of his new term as Americans kept a dour view of his handling of the US economy, according to a new Reuters/Ipsos poll.
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IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
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Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
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"Malignant Stupidity": Economists Blast Trump's Tariffs, Fear Recession
Economists are voicing alarm over President Donald Trump's steep tariffs on imports into the US, sparking a trade war that experts say could tip many countries into recession.
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Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
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Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
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"Non-Aligned Nations Like India...": JPMorgan CEO's Advice To Donald Trump
Jamie Dimon, chief executive officer at JPMorgan Chase & Co, has warned that the recent tariff measures announced by US President Donald Trump may spark inflation and lead to recession in the world's biggest economy.
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"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
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Germany's Lufthansa To Cut 4,000 Jobs By 2030, Targetting Admin
German airline group Lufthansa said Monday it will cut 4,000 jobs, nearly four percent of its workforce -- a move underscoring the slump gripping Europe's largest economy.
-
US Economy On Brink Of Recession, Warns Moody's Chief Economist
The state-level data in the US shows that the country is "on the edge of recession", said Mark Zandi, chief economist at credit rating agency Moody's.
-
"Discriminatory": Putin Slams Western Trade Sanctions Ahead Of China Visit
On the eve of a visit to China, Russian leader Vladimir Putin blasted Western sanctions as his country's economy teetered on the brink of recession, wounded by trade curbs and the cost of his war in Ukraine.
-
Ahead Of Trump Meeting, Israeli Ministers Urge Netanyahu To Annex West Bank
Cabinet ministers in Prime Minister Benjamin Netanyahu's Likud party called on Wednesday for Israel to annex the Israeli-occupied West Bank before the Knesset recesses at the end of the month.
-
Russia Is On 'Brink Of Going Into Recession', Warns Economy Minister
Russia's economy is "on the brink of going into a recession," the country's economy minister said Thursday, according to Russian media reports.
-
NDTV Exclusive: India Should Not Do Somersaults To Please Trump Says, Top Economist On Tariffs
Mr Sachs emphasised that trade deficits occur when a country, in aggregate, spends more than it produces. He lambasted Mr Trumps understanding of the issue, saying, "It is dramatically wrong and oversimplified to the point of being ridiculous."
-
"Trump Tariffs Will Cause Recession This Year": Elon Musk's Nastiest Digs
Musk also took a shot at Trumps election win. Trump had claimed that he would have won Pennsylvania even without Musk, but the tech billionaire says that Trump only won because he spent hundreds of millions of dollars and campaigned for Trump.
-
Trump's Approval Rating Drops To 42%, Economic Concerns Weigh: Poll
President Donald Trump's approval rating ticked slightly lower this week to 42%, matching the lowest level of his new term as Americans kept a dour view of his handling of the US economy, according to a new Reuters/Ipsos poll.
-
IMF Cuts Global Growth Outlook Amid Trump Tariffs, Has Warning For India Too
The global economic growth is set to slow down in the coming months, largely due to the trade war sparked by US President Donald Trump's steep tariffs on virtually all trading partners, the International Monetary Fund (IMF) said on Wednesday.
-
Global Economy Likely To Avoid Recession Despite Tariffs: IMF Chief
The global economy is likely to avoid a recession despite the hit to growth from US President Donald Trump's tariff rollout, the head of the International Monetary Fund said Thursday.
-
"Malignant Stupidity": Economists Blast Trump's Tariffs, Fear Recession
Economists are voicing alarm over President Donald Trump's steep tariffs on imports into the US, sparking a trade war that experts say could tip many countries into recession.
-
Did Elon Musk Ask Donald Trump To Reverse China Tariffs? What We Know
US President Donald Trump and his billionaire advisor Elon Musk don't seem to be on the same page about America's sweeping tariffs that sent shockwaves across the globe, sparking fears of recession and a global trade war.
-
Will Trump Tariffs Lead To A Recession? Here's What Economists Have To Say
President Donald Trump's sharp tariff hikes last week have sent the stock market into a tailspin, raised alarm bells among Wall Street executives, and heightened many economists' worries that the US could tip into recession.
-
"Non-Aligned Nations Like India...": JPMorgan CEO's Advice To Donald Trump
Jamie Dimon, chief executive officer at JPMorgan Chase & Co, has warned that the recent tariff measures announced by US President Donald Trump may spark inflation and lead to recession in the world's biggest economy.
-
"Extremely Tense": Russia Rattled As Oil Plummets To $52 Over Trump Tariffs
Russia, whose economy is heavily dependent on oil, energy, and mineral exports to the world, is staring at a crisis, should oil prices continue to plummet the way they are currently.
