Page 17 - Latest Updates on Recession
What is stagflation?
Global asset management firm Bernstein has said that markets should brace for tough days ahead, as India was staring at stagflation. It is marked by high inflation and stagnant economic growth
 "What is stagflation?")
StanChart CEO sees shallow and short recession by early 2023: Here's why
"I think central banks have to take this inflation problem head on," Winters told the Reuters Global Markets Forum (GMF) on Wednesday
 "StanChart CEO sees shallow and short recession by early 2023: Here's why")
A global recession and its likely fallout on India's economic growth
While foreign fund inflows could ebb and exports could take a beating, the Indian economy is unlikely to suffer recession again
 "A global recession and its likely fallout on India's economic growth")
World Bank warns of recession as Ukraine war hits already rocked economies
Countries around the world are facing recession as the Ukraine war hits economies already rocked by the Covid pandemic, the World Bank has warned, BBC reported.
 "World Bank warns of recession as Ukraine war hits already rocked economies")
Global recession can stay for up to 18 months, says Tesla CEO Elon Musk
Breaking his silence over the current global meltdown, Elon Musk said the recession the world is now experiencing owing to multiple macro-economic factors could last up to 18 months
 "Global recession can stay for up to 18 months, says Tesla CEO Elon Musk")
WEF 2022: Rebuilding the damaged world is a priority, say global leaders
At World economic 2022 in Davos, business, political, and tech leaders are clear that deeper collaboration is essential to rebuild a world damaged by the Covid-19 pandemic and geo-political aggression
WEF 2022: Outlook grim for global recession but experts weigh how much
"We are not in a recession yet, but the signs are not good," said David Rubenstein, Co-Founder and Co-Chairman of Carlyle at the World Economic Forum's (WEF) Annual Meet on Tuesday
 "WEF 2022: Outlook grim for global recession but experts weigh how much")
Oil prices inch lower on concerns over recession, China Covid curbs
Oil prices fell on Tuesday as concerns over a possible recession and China's Covid-19 curbs outweighed an expectation of tight global supply
 "Oil prices inch lower on concerns over recession, China Covid curbs")
Oil slips more than 2% on as recession fears spreads to financial markets
By Bozorgmehr Sharafedin
 "Oil slips more than 2% on as recession fears spreads to financial markets")
Bank of England hikes rates to 13-yr high, warns of rising recession risk
The pound fell by more than a cent against the US dollar to hit its lowest level since mid-2020
 "Bank of England hikes rates to 13-yr high, warns of rising recession risk")
With global finances at risk, can India avoid a repeat of the 1991 crisis?
India may have done well by keeping commercial bank lending to the government within manageable limits, but RBI has been lending more to the government, which means it has been printing more notes
Recession risks duel resilience hopes in global economy outlook
BofA reported fund managers were the most bearish they'd ever been about the outlook for growth and JPMorgan Chase & Co. boosted its reserves to insulate itself against an economic deterioration
 "Recession risks duel resilience hopes in global economy outlook")
Jan/Feb market sell-off was an just an appetizer: BofA Securities survey
Global growth optimism, according to the survey findings, was at an all-time low, with recession fears surging in the world's investment community.
 "Jan/Feb market sell-off was an just an appetizer: BofA Securities survey")
Germany faces recession if oil & gas halted, say banks
Europe's largest economy is heavily dependent upon Russia for energy, and nations banks echoed concerns over possible energy disruption expressed by big names in industry in recent days
 "Germany faces recession if oil & gas halted, say banks")
World stocks dip on war, recession worries, oil falls $2 on reserve release
MSCI's global share index fell 0.17% to 710.22, against a high of 724.49 hit on Wednesday, heading for little change on the week.
 "World stocks dip on war, recession worries, oil falls $2 on reserve release")
Inverted US yield curve no more a worry for markets; here's why
The current yield inversion has more to do with the temporary demand-supply mismatch in the bond market and doesn't necessarily signal a recession in the US
 "Inverted US yield curve no more a worry for markets; here's why")
Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021
Sri Lanka's economy grew at a slower-than-expected 1.8% in the 4th quarter of the 2021 financial year, taking its full year growth to 3.7 per cent, data from the govt's statistics department showed
 "Sri Lanka avoids recession in Dec quarter, GDP grows 3.7% in 2021")
Anticipated aggressive rate hikes by Fed drive up recession concerns
The Fed kicked off a new tightening cycle by raising the benchmark interest rate by 25 bps to a range of 0.25 to 0.5 per cent on March 16
 "Anticipated aggressive rate hikes by Fed drive up recession concerns")
Ukraine war threatens another global recession, deglobalisation: Patra
While immediate implications are likely lower growth, higher inflation and disruptions to financial markets, the longer-term implications are disruptions to global supply chains, he said
 "Ukraine war threatens another global recession, deglobalisation: Patra")
Omicron leaves Germany on brink of recession as growth dips
Output in Germany fell by between 0.5% and 1% in the fourth quarter, the state statistics agency Destatis said Friday.
 "Omicron leaves Germany on brink of recession as growth dips")
