Oil slides 2% to a 12-week low on fears of global recession
By Hyper Effects
After hitting a 10-week high at more than $125/b in mid-June, Brent crude futures have […]
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Euro hits two-decade low as gas worries fan recession fear
By Hyper Effects
The euro sank to a two-decade low versus the dollar on Tuesday as a jump […]
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IMF Chief Says ‘Cannot Rule Out’ Possible Global Recession
By Hyper Effects
Business conditions in the last three months have “darkened significantly,” and the risk of a […]
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Joe Biden reportedly exports 5 million oil barrels despite US gas prices
By Hyper Effects
The Biden administration exported more than 5 million barrels of oil from its emergency reserves […]
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Bank of England’s Bailey warns global economic outlook has ‘deteriorated materially’
By Hyper Effects
KEY TAKEAWAYS. • The Bank of England said Tuesday that the global economic outlook has […]
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Major economies heading into a recession?
By Hyper Effects
Fears of a recession have gripped countries worldwide. In a recent report, Nomura Holdings said […]
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Chicago Shooting: 6 dead, 30 wounded in shooting at July 4 parade
By Hyper Effects
A man is in police custody after an hours-long manhunt near the Chicago suburb of […]
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Common Effects of Inflation on Economy.
By Hyper Effects
Inflation is the overall rise in the prices of goods and services over time. The […]
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Nomura Says Many Major Economies Will Hit Recession In 2023
By Hyper Effects
A report by Nomura Holdings Inc revealed many major economies will enter recessions over the […]
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Exporters see a 10-20% order dip as recession fear grows
By Hyper Effects
Global stock markets are unlikely to bottom out soon amid recession fears, according to analysts at Nomura, who […]
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