Germany passes law to attract skilled migrant workers amid fierce debate
The measure, intended to address a labour shortage, will lower hurdles for migrants to the country.
2023-06-24 00:17
New Zealand: Economy slips into recession after interest rate hikes
The country's central bank has aggressively raised interest rates since October 2021.
2023-06-15 11:49
Recession risks still loom for markets calmer after banking turmoil
The euro zone has slipped into recession and Chinese data has disappointed, warning signs for world markets relieved
2023-06-12 18:17
Eurozone slips into recession after revised data shows two quarters of economic contraction
The 20 countries that use the euro as their currency fell into a mild recession around the turn of the year, although the broader European economy avoided the downturn.
2023-06-08 17:24
Alarm bells were ringing about a potential US recession, but then this week's jobs report landed
US recession worries aren't dead. But they may have passed into a coma at 8:30 am ET on Friday with the May nonfarm payrolls report and the unexpectedly large jobs number.
2023-06-03 20:58
The global economy has likely been spared a US debt default. It still faces a mountain of risks
With the threat of an unprecedented US debt crisis receding fast, the global economy looks to have dodged a huge shock. But there are still plenty of storm clouds darkening the outlook.
2023-06-01 12:25
Germany falls into recession as consumers in Europe's biggest economy spend less
Germany has slipped into recession as last year's energy price shock takes its toll on consumer spending.
2023-05-25 15:48
Yellen warns US default could trigger recession, 'break' financial markets
WASHINGTON Treasury Secretary Janet Yellen on Tuesday warned that a U.S. default on government debt would leave millions
2023-05-16 21:26