The UK is officially in recession - but what does that mean? Warning bells have been sounding for months over the risk of the economy slipping into recession. The rule of thumb is that when the economy shrinks for six months in a row, it's in a recession. But what happe...
In response to a changing global situation and the expectations of the international community, and with the future and overall interests of humanity in mind, China proposed the Belt and Road Initiative (BRI). Committed to the Silk Road spirit, a great heritage of human civilization, the BRI c...
Recession Is Officially Here as Figures Show Demand Vanishing as Fast as InflationByline: Aled Blake Business CorrespondentWestern Mail (Cardiff, Wales)
"It is not just the fact that the U.K. has officially entered recession that will cause concern; it is the size of the contraction," economist...
THE EXPERTS GIVE THEIR RECESSION VERDICTS; as the UK Is Officially Classed as Being in a Double-Dip Recession, Political Editor David Williamson Asked Three Eminent Welsh Economic Experts Their Thoughts on How the Government Should Deal with the Situation...
The drop follows a 4.1% decline in the April-June period, led by drops in trade, shipping, waste disposal, restaurant and hotel activity. A recession is commonly defined as two back-to-back quarters of shrinking GDP, although, in the U.S., recessions are officially called by a panel ...
What confirms my point is that with all the talk of a possible or existing recession, not a single mention is ever made about how increases in productivity from technology will pull us through. That is counter to the recessions of the past 25 years. Whether it was the early 80s, the 90...
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Economic slowdown: lessons from the past: while the Irish economy is not officially in recession, it is clear that certain areas of the economy are facing extreme difficulty. Jim Stafford takes a look at previous recessions to see what lessons can be learned.(Practice)...
Varadkar said there’s still a “wide gap” between the EU and the UK. Had a good meeting with Prime Minister Boris Johnson in New York today. We were able to get into more detail this time, however there is still a very wide gap between the EU & the UK in terms of achieving wh...