The International Monetary Fund (IMF) has given the US economic growth forecast its biggest downgrade among advanced economies for this year, citing uncertainty caused by trade tariffs imposed by US…
German companies expect only a mild recession next year despite headwinds from the energy crisis, raw material shortages, and a tepid global economy, a survey of major associations published on…
The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell said on Wednesday, arguing that a higher cost would…
Japan will take "unprecedented" measures to curb rising electricity bills for households and businesses as a weak yen fans inflation and global recession fears pose big risks to the economy, Prime…
Global recession can be avoided if governments' fiscal policies were consistent with monetary policy tightening, but likely there would be countries falling into recession next year, the…
Contraction in the eurozone economy for a second straight month pinned the single currency to a 20-year low against the dollar on Tuesday, with surging gas prices adding to misery dragging Europe…
Oil prices were largely steady on Monday as a relatively tight global supply picture competed with fears of a recession and a rising dollar.
Brent crude futures for October settlement fell 34…
Oil hit a six-month low on Wednesday after a brief rally as concerns about the prospect of a global recession that would weaken demand overshadowed a report showing lower U.S. crude and gasoline…
The Yemeni militant group is proving to be a stubborn adversary, and Trump doesn't want anything to detract from his visit to the Gulf next week, where he plans to make a 'big' announcement
China has been quietly working to rewrite the rules of global trade and finds itself in a strong position in the current trade war launched by Washington. A look around the world shows why.
Israel wants the total dismantlement and scrapping of all Iranian nuclear facilities, just like in Libya two decades ago. That is unrealistic for several reasons.
If history is any judge, Trump's tariffs and damaging actions towards US allies could speed up the emergence of a multipolar world, much like George W. Bush's invasion of Iraq