recession

Europe’s economy risks a recession after output falls in the third quarter
World

Europe’s economy risks a recession after output falls in the third quarter

London CNN  —  The euro area economy risks falling into recession later this year after official data Tuesday showed that…
Lebanon devaluates Lira by 90%
Economy

Lebanon devaluates Lira by 90%

Governor of the Central Bank of Lebanon (Banque du Liban) Riad Salameh said Lebanon will adopt a new official exchange…
Here’s what could tip the global economy into recession in 2023
Business

Here’s what could tip the global economy into recession in 2023

The global economy has endured a tough year, with decades-high inflation sapping post-lockdown spending and pushing central banks to hike…
Gold prices skyrocket in Egypt on Friday
Business

Gold prices skyrocket in Egypt on Friday

The price of gold on Friday morning rose in Egypt.  This is in conjunction with the rise in the price…
Wall Street Journal: Meta is planning significant layoffs
Technology

Wall Street Journal: Meta is planning significant layoffs

CNN Business  —  Facebook-parent Meta is planning the first significant layoffs in its history as the company grapples with a…
FM stresses importance of achieving stability in Lebanon
Egypt

FM stresses importance of achieving stability in Lebanon

Foreign Minister Sameh Shoukry stressed the importance of achieving stability in Lebanon and overcoming challenges facing the country. This came…
The messy world of Elon Musk
Features/Interviews

The messy world of Elon Musk

Just when we think Elon Musk might keep his head down to focus on running his many companies, fighting a…
Recession fears are mounting. Here’s how to protect your money
World

Recession fears are mounting. Here’s how to protect your money

Warnings of a potential recession aren’t surprising given how many tripwires there are in today’s economy. A push by the…
The world may dodge another recession. But risks are growing
World

The world may dodge another recession. But risks are growing

London (CNN Business) – As the World Bank and the International Monetary Fund kick off their spring meetings this week,…
Analysis: When Erdogan’s Turkish economic miracle began failing
Middle East

Analysis: When Erdogan’s Turkish economic miracle began failing

ISTANBUL, July 15 (Reuters) – Five years after President Tayyip Erdogan saw off a coup, his chances of extending his…
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