Third of world in recession this year, IMF head warns
By Suranjana Tewari and Peter Hoskins BBC News A third of the global economy will be in recession this year, the head of the International Monetary Fund (IMF) has warned. […]
Did U.S. trick EU into backing Ukraine war?
October 17, 2022 – TEHRAN TIMES TEHRAN- With no end in sight to the fighting in Ukraine, the European Union has become financially exhausted with the drawn-out conflict on its […]
Russia and Germany to fall into recession as global economic outlooks darkens, OECD predicts
By Jorge Liboreiro • Updated: 26/09/2022 Germany’s economy is estimated to contract by 0.7 in 2023, according to the OECD. Russia’s invasion of Ukraine, soaring energy bills and record-breaking inflation have thrown the global […]
We purchase only what we need – and the world economy collapses
In all the uncountable articles on the present economic crisis unleashed due to the covid-19 pandemic I find the above the most interesting. We purchase only what we need – […]
Coronavirus . Stop covid or save the economy? We can do both.
MIT Technology Review Contrary to what you’ve heard, shutting down the country is also the quickest way to get it started back up again by David Rotman April 8, 2020 Francesco Ciccolella In the first employment report after social distancing measures had taken hold in many US states, […]
France heading for worst recession since WWII: minister
Short Url https://arab.news/vzavk Updated 8 sec ago AFP April 06, 2020 France imposed a nationwide stay-at-home order from March 17 after shuttering all nonessential businesses Statistics office Insee said last […]
“Medieval Medicine” or Necessary Measures? Virologists Are Divided Over Need for Draconian Shutdowns
How deadly is the coronavirus? How much of the population has already been infected? How widespread is immunity? The models politicians are relying on to make radical decisions in the […]
A second great recession?
Sep 27,2018 – JORDAN TIMES – Gwynne Dyer Ten years ago this month, the financial services firm Lehman Brothers filed for bankruptcy protection, triggering the 2008 crash and the subsequent […]
The death throes of oil
Feb 07,2016 – JORDAN TIMES – HAROLD JAMES The price of oil is often regarded as a sort of thermometer to measure the health of the world economy. What is less often noted is that it can also serve as a barometer — warning of approaching geopolitical storms. Indeed, the […]
GCC states face their biggest challenge ever
Jan 01,2016 – JORDAN TIMES – RAMI G. KHOURI Keep your eyes on the oil-fuelled Gulf Cooperation Council (GCC) Arab states in the year ahead, because they are just starting to experience a genuinely novel, almost existential, challenge that will test the quality of their statehood and national integrity as […]