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Recession

Stay current with all the latest and breaking news from Recession, compare headlines and perspectives between news sources on stories happening today. In total, 2,811 stories have been published about Recession which Ground News has aggregated in the past 3 months.

Latest News Stories

Business

IMF chief says 'cannot rule out' possible global recession

50% Center coverage: 4 sources
IMF Managing Director Kristalina Georgieva told Reuters the fund would downgrade in coming weeks its 2022 forecast for 3.6% global economic growth for the third time this year. IMF is expected to release its updated forecast for 2022 and 2023 in late July. The global economy expanded by 6.1% in 2021.See the Story
International

Oil prices fall in volatile trade on recession fears

100% Center coverage: 2 sources
Oil prices dropped to a 12-week low in volatile trade today, extending Tuesday's heavy losses as growing fears of demand destruction from a global recession outweighed supply concerns.See the Story
Recession · Wisconsin

WMC: Over 70% of Wisconsin businesses see recession coming

100% Center coverage: 1 sources
Wisconsin Manufacturers & Commerce (WMC) recently released its Wisconsin Employer Survey. The survey is conducted twice a year by WMC. The most recent survey found four in 10 of those surveyed expect a recession before the end of the year. Three in 10 Wisconsin companies believe the U.S. economy will grow over the next six months.See the Story
Trade

Oil prices extend drop as recession fears cloud global demand outlook

100% Center coverage: 2 sources
By Stephanie Kelly - Oil prices slipped in early Asian trade on Thursday, after hitting a nearly three-month low during the previous session, as fears of a potential global recession spurred concerns about oil demand. Brent crude futures fell 71 cents to $99.98 a barrel by 0013 GMT. WTI crude futures fell 62 cents to $97.91 a barrel. The declines follow a dramatic fall on Tuesday. WTISee the Story
Business

Brent slips under $100/bbl as sell-off continues

100% Right coverage: 1 sources
Brent crude futures extended declines for a third session on Thursday, slipping under $100 a barrel, as fears of a potential global recession spurred concerns about oil demand. Read MoreSee the Story
Recession · Düsseldorf

Interview: The fear of extreme situations on the markets: Economist Mohamed El-Erian sees these three risks

A recession can hardly be prevented anymore, judges the prominent economist. He fears a lack of liquidity — with which central banks can no longer help.See the Story
Europe · Ireland

In Person: ‘There’s a recession coming but in the Irish case it’s going to be a revision downwards of growth forecasts’

100% Right coverage: 1 sources
Danny McCoy’s recipe for Ireland’s future success is to tap the corporate tax “money tree”, bring back social partnership and go in for big government.See the Story
Recession

Economists saying US is ‘in recession already’

100% Right coverage: 1 sources
The Australian's Washington Correspondent Adam Creighton says there are more economists indicating the United States is “in a recession already”. Mr Creighton said there is a priority to bring inflation back to 2 per cent. “The economy is in very bad shape at the moment, in terms of the prospects going forward,” he told Sky News Australia.See the Story

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