Keywords: Recession


ECB policymaker says eurozone recession concerns are “real and justified”

A senior European Central Bank (ECB) policymaker has warned that concerns about a possible recession in the eurozone are “real and justified,” citing growing geopolitical tensions and economic uncertainty linked to the conflict in the Middle East. Yannis Stournaras, Governor of the Bank......

Italy’s growth outlook weakens amid Iran conflict, business Lobby warns

Italy’s economy is expected to grow just 0.5% in 2026, the country’s main business association, Confindustria, said on Wednesday. This is a downgrade from its previous forecast of 0.7% in October, as the organization highlighted the potential risks if the Iran conflict continues. Last year,......

Germany surpasses 3 million unemployed for the first time in a decade

Germany has crossed the threshold of 3 million unemployed in August 2025, a first since February 2015, highlighting persistent economic stagnation in Europe’s largest economy, according to official data released Friday. In raw figures, 3.03 million people were without a job, an increase of 46,000......

Trump tariffs kick in, spurring more market carnage

U.S. President Donald Trump’s sweeping tariffs on imports from dozens of countries officially took effect on Wednesday, triggering a sharp escalation in global trade tensions. Among the most significant were 104% duties on Chinese goods, a move that intensified market instability and accelerated......

Cryptocurrency market struggles amid trade war concerns

The cryptocurrency market is experiencing significant downturns, following the global stock market's drop fueled by a trade war initiated by U.S. President Donald Trump. Major cryptocurrencies are mirroring the declines seen in European, Asian, and American stock indices. Bitcoin has hit its lowest......

Trump tariffs sow fears of trade wars, recession, and a $2,300 iPhone

Global concern mounted after U.S. President Donald Trump unveiled sweeping tariffs, sparking fears of a global recession and sharply higher prices in the American market. Financial markets around the world plunged in response, while leaders from major economies criticized the move as a blow to decades......

Canada’s economy faces recession amid rising tariffs

Canada's economy is poised to enter a recession this summer due to tariffs imposed by the United States, according to a recent report from the Desjardins financial services group. Economists at Desjardins warned that the cumulative impact of these tariffs could trigger a recession as early as the......

Trump avoids predicting US recession amid market volatility

United States President Donald Trump has refrained from predicting whether the country is headed for a recession as concerns mount over his economic policies. In an interview with Fox News on Sunday, Trump sidestepped questions about a potential downturn, stating, “I hate to predict things like......

Economic Indicators Signal Potential Slowdown, Posing Challenge for Kamala Harris’s Campaign

As the United States approaches a pivotal election year, recent economic data has begun to paint a more complex picture of the nation's financial health, potentially complicating Kamala Harris’s bid for the presidency. While the U.S. economy has demonstrated resilience in the face of global......