The US Gross Domestic Product report for the fourth quarter of 2022 provides a quick snapshot of the US economy, and many economists are concerned about the possibility of a recession in the US. US GDP report: economic slowdown and recession fears newspaper reported Wall Street Journal The US GDP report for the fourth quarter … Read more
The main stock indices on Wall Street continued their losses, with continued fears of recession due to the central bank’s policies. Wall Street indices continue to decline under the pressure of recession fears The main stock indices on Wall Street extended their losses today, Friday. Fears of a looming recession, sparked by the Federal Reserve’s … Read more
Stock indices fell, for the second day in a row, following the decisions of the central banks, all of which were extremely cautious despite the slowdown in inflation. Stock indices fall on the impact of central bank decisions The global stock exchanges, especially the European ones, reacted negatively today, Thursday, to the decisions of European … Read more
Global economies are suffering from inflation and rising interest rates, while a strong US dollar has made American goods more expensive for foreign consumers. Exports have fallen in recent months while global economies suffer from inflation US government figures showed, on Tuesday, a decline in exports, which helped widen the trade gap in October, in … Read more
The Organization of Petroleum Producing and Exporting Countries and its allies “OPEC +” may study further production cuts during its next meeting in a few days, according to sources in the organization. “OPEC +” may consider further production cuts, despite warnings from the “international energy” Two sources in the Organization of Petroleum Producing and Exporting … Read more
Head of Economics at the European Central Bank Philip Lane warns that wage increases will be the main driver of higher prices in the coming years. Head of Economics at the European Central Bank Philip Lane The head of the economics department at the European Central Bank, Philip Lane, said today, Friday, that the increase … Read more
Europe faces bad economic choices, as it fears stagflation, or what is known as “stagflation” at a time when the European Central Bank is rushing to raise interest rates. The International Monetary Fund predicts a slowdown in European GDP growth in 2023 The European Union has faced a series of existential threats since its inception … Read more
The Japanese currency is falling to its lowest level in 24 years against the dollar, losing 0.60%, recording 140.13 yen per dollar. The Japanese yen is at its lowest level against the dollar in 24 years The Japanese currency fell today, Thursday, to its lowest level in 24 years against the dollar, which also recorded … Read more