Tag: recession

At the top of a winding road in the hills of Islamabad, deep in the backyard of a private home, dozens of people gather and wait for a political rally to start, waving a few red and green flags.Days before a national election, this is how the Pakistan Tehreek-e-Insaf ...

Image caption, The Daily Mail pictures the five explorers who have died: British businessman Hamish Harding, 58, British-Pakistani businessman Shahzada Dawood, 48, his son Suleman, 19, French navy diver Paul-Henry Nargeolet, 77, and OceanGate CEO Stockton Rush, 61. The family of Shahzada and Suleman Dawood have spoken of their ...

Some of the world’s top investors are betting the worst of the dollar’s rampage is over after the surge upended the global economy in ways that had few parallels in modern history. Having skyrocketed to generational highs last year — deepening poverty and turbocharging inflation from Pakistan to Ghana ...

#Pakistan News The world economy is slowing "perilously close" to a recession, the World Bank warned Tuesday, slashing its 2023 global growth forecast, as the impact of central bank rate hikes intensifies, Russia's war in Ukraine continues and the world's major economic engines sputter. In an annual report, the ...

The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies – the United States, Europe and China – the World Bank warned on Tuesday. In an annual report, the World Bank, which lends money to poorer countries ...

WASHINGTON — The global economy will come “perilously close” to a recession this year, led by weaker growth in all the world’s top economies — the United States, Europe and China — the World Bank warned Tuesday. In an annual report, the World Bank, which lends money to poorer ...

https://sputniknews.com/20221220/why-eu-carbon-border-tax-will-lead-to-market-destabilization-higher-prices--inflation-1105643738.htmlWhy EU Carbon Border Tax Will Lead to Market Destabilization, Higher Prices & InflationWhy EU Carbon Border Tax Will Lead to Market Destabilization, Higher Prices & InflationOn December 18, EU governments agreed on the details of the first-ever Carbon Border Adjustment Mechanism (CBAM), which would impose a "pollution" price ...

Washington: After scaling 40-year highs, inflation in the United States has been slowly easing since summer. Yet the Federal Reserve seems decidedly unimpressed and unconvinced that its fight against accelerating prices is anywhere near over. On Thursday, stock markets buckled on the growing realisation that the Fed may be ...

Editor’s Note: Steven Kamin is a senior fellow at the American Enterprise Institute (AEI), where he studies international macroeconomic and financial issues. He served as director of the international finance division of the Federal Reserve from 2011 to 2020. The opinions expressed in this commentary are his own. View ...

https://sputniknews.com/20221124/how-europe-created-its-latest-refugee-crisis-1104664158.htmlHow Europe Created Its Latest Refugee CrisisHow Europe Created Its Latest Refugee CrisisEurope has found itself amid a new refugee crisis, which, some argue, is worse than that of 2015, when 1.3 million asylum seekers from Middle Eastern war zones... 24.11.2022, Sputnik International2022-11-24T17:04+00002022-11-24T17:04+00002022-11-24T17:04+0000sputnik explainseuropeeuukrainemigrationasylum seekersmigrant crisisgermanypolandspecial operation/html/head/meta/@content/html/head/meta/@contenthttps://cdnn1.img.sputniknews.com/img/07e6/09/14/1101002423_0:161:3071:1888_1920x0_80_0_0_eb3d385bc7278dffe9c897d998ddf5c0.jpgMore than 7.8 ...