Tag: recession

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Markets mixed as recession fears dampen China optimism

Asian and European markets were mixed Thursday as sentiment was pulled in opposite directions by worries about a US recession and China's shift away...

Analysis: Investors warm to European corporate bonds after a brutal year

Investors are moving back into the European corporate bond market after one of the most brutal years in history, lured by juicy yields and...

WTO warns of ‘real’ recession risk in some major economies

The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as...

UK economy shrinks at start of feared long recession

Britain's economy shrank in the three months to September at the start of what is likely to be a lengthy recession, underscoring the challenge...

Euro zone downturn deepened in Oct, winter recession likely -PMI

Euro zone business activity contracted last month at the fastest pace since late 2020 as high inflation and fears of an intensifying energy crisis...

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World Bank’s Banga says more bilateral debt forgiveness needed

World Bank President Ajay Banga said on Thursday (17...

Ghana, creditor panel agree on debt restructuring, paving way for IMF cash

Ghana has finalised a pact with its official creditor...

Nigeria strikes deal with Shell to supply $3.8 billion methanol project

Nigeria has struck a deal for Shell (SHEL.L), opens new...

Africa’s $824 billion debt burden and opaque resource-backed loans hinder its potential, AfDB president warns

Africa's immense economic potential is being undermined by non-transparent...

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