This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda 1. UK’s economy grows at fastest pace in 3 years The UK has emerged from recession with its fastest economic growth in almost three years, as GDP increased by 0.6% in the first quarter of […]UK leaves recession with fastest growth in 3 years, and other economics stories to read
May 13, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda 1. UK’s economy grows at fastest pace in 3 years The UK has emerged from recession with its fastest economic growth in almost three years, as GDP increased by 0.6% in the first quarter of […]German economy likely in recession, and other economy stories to read this week
February 26, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Joe Myers, Writer, Forum Agenda 1. German economy likely in recession The German economy is likely in recession, according to the latest monthly report from the country’s central bank. The Bundesbank warned that weak external demand, consumer caution […]Explainer: What is a recession?
February 20, 2024 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Forum Agenda, Rebecca Geldard, Senior Writer, Forum Agenda This article was updated in February 2024. Two G7 economies slipped into recession at the end of last year – Japan and the UK – as consumer spending slowed. The UK […]China’s growth forecasts upgraded, Eurozone recession fears and other economy news to read this week
November 13, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Kate Whiting, Senior Writer, Forum Agenda This weekly round-up brings you the latest stories from the world of economics and finance. Top economy stories: China’s GDP growth forecasts upgraded; Eurozone recession fears grow; UK narrowly avoids start of […]US may already be in recession, and other economics stories to read this week
July 21, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Gabi Thesing, Senior Writer, Forum Agenda 1. Key US index points to recession A 15th monthly fall in a row for an index tracking US business cycles indicates that the world’s largest economy may already be in recession. […]How should start-ups act in the face of recession? 5 investors share their advice
May 12, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum./ Author: Emanuela Orsini, Digital Content Specialist, World Economic Forum We live in uncertain economic times. According to the World Economic Forum’s latest Chief Economists Outlook, “there are signs of nascent optimism, and the growth outlook has picked up across all […]Recession risks re-ignited by banking crisis, World Bank warns of ‘lost decade’ of growth, and other economy stories you need to read this week
April 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Ian Shine, Senior Writer, Forum Agenda 1. Banking crisis sparks recession fears Recession risks have been re-ignited by the recent banking collapses and rescue deals, and there are now concerns that global growth will weaken as the crisis heralds […]Will a global recession accelerate geopolitical fragmentation?
March 31, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Dimitri Zabelin, Associate, LSE IDEAS Inflation continues to be the headline risk for investors and policy-makers. Countries are wrestling with shocks from the war in Ukraine, and the residual effects of domestic fiscal/monetary stimulus packages during the pandemic. As […]What is a rolling recession? And are we in one right now?
March 27, 2023 by 1 Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Emma Charlton, Writer, Forum Agenda When is a recession not a recession? If that feels like a trick question, the answer – when it is rolling – also feels a bit tricksy. Traditionally, in the US, recessions are defined […]How transport can drive economic and social progress in a world on the brink of recession
January 3, 2023 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Cotton, General Secretary, International Transport Workers’ Federation Transport workers move the world. The COVID-19 pandemic shone a spotlight on this. As the world shut down, transport workers were more visible than ever before. They transported medical supplies, kept […]US banks brace for recession, and other economy stories you need to read this week
December 9, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall,Writer, Formative Content 1. US banks brace for recession The biggest US banks are bracing for a worsening economy next year as inflation threatens consumer demand. JPMorgan Chase Chief Executive Jamie Dimon told CNBC that consumers and companies […]Recession not inevitable, says OECD – and other economy stories you need to read this week
November 25, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Recession not inevitable but economic slowdown is, OECD says The global economy can avoid a recession next year, but the worst energy crisis since the 1970s will trigger a sharp slowdown and […]Is a recession needed to end US inflation? Plus other news on the economy you need to read this week
November 21, 2022 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Stephen Hall, Writer, Formative Content 1. Is a recession needed to end US inflation? Inflation is at risk of becoming entrenched in the economy because of an overheated job market, making it difficult for the US Federal Reserve […]Why infrastructure is the only way to fight a COVID-19 recession in the US
March 27, 2020 by Leave a Comment
This article is brought to you thanks to the collaboration of The European Sting with the World Economic Forum. Author: Shai Kivity, Global Shaper, Boston Hub The COVID-19 crisis could lead to a recession in the US. Infrastructure projects create economic growth; The US infrastructure industry is 30 years behind its global counterparts but a new centralized and […]
The new crisis is already creeping into the financial system
August 29, 2019 by 1 Comment
Unquestionably, everything is wrong in the international financial system, even though the major central banks have actually donated trillions to the banking ‘community’. The US central bank, the Fed, has lent almost free of charge $4.5 trillion to the American banking hub. On this side of the Atlantic Ocean, the European Central Bank has done […]IMF: When high yield goes boom
June 27, 2018 by Leave a Comment
This article is brought to you in association with the International Monetary Fund Written by Divya Kirti We’ve all heard about good cholesterol and bad cholesterol. Too much of the good stuff probably won’t do you any harm. Too much of the bad stuff can lead to a heart attack. The same idea applies to […]Berlin vies for a Germanic European Central Bank
August 3, 2017 by Leave a Comment
Last week, the deep German state struck again targeting the heart of Eurozone. The hit was effectuated by Sabine Lautenschläger, a middle aged Stuttgart born ex BaFin (Federal Financial Supervisory Authority) employee and presently member of the powerful executive board of the European Central Bank. Sabine now wants the ECB to abandon its extraordinary monetary […]Eurozone’s central bank leadership prepares for shoddier prospects
May 4, 2016 by Leave a Comment
It has become commonplace to state that the European economy still doesn’t fare well after six years of recession or practical stagnation. For good reasons however in the past few days the horizon looked particularly darkened. Negative statistical evidence and meandering statements by key people are indicative of that. Inflation or rather disinflation statistics, persistently […]No recovery for EU economy in sight and a Brexit can aggravate things for everyone
April 4, 2016 by 1 Comment
The Eurozone economy doesn’t seem able to gain a sustainable growth path, despite the hundreds of billions that, lately, European Central Bank has injected into the financial system. Analysts say, though, that ECB’s intervention came too late. There is more bad news for the real economy coming from the prices front. Last week, Eurostat, the […]For how long will terror and economic stagnation be clouding the European skies?
March 28, 2016 by Leave a Comment
Some days ago the European statistical service, Eurostat confirmed that the inflation rate in the euro area for February was well into the negative part of the chart at -0.2%. This is an infallible sign that Eurozone remains in the stagnation or even the recession region of the economic cycle for a sixth year in […]Family incomes stagnate in the EU; people excluded from ‘moderate recovery’
November 12, 2015 by Leave a Comment
The Brussels Eurocrats are trying to convince us all that the European economy, after the 2008-2010 fallout, is now on the right track towards an era of growth and financial security. However, real people out there are still waiting to taste the benefits of this impalpable improvement. Apart from the fact that Eurostat, the EU […]The Commission sees ‘moderate recovery’ but prospects deteriorate
November 9, 2015 by Leave a Comment
The European Commission released last week its “Autumn 2015 Economic Forecast”, advertising ‘moderate recovery’ for the European Union and the euro area. Understandably, the Commission wouldn’t dig deeper in the economy, to highlight the negative aspects of the present status and the subdued prospects for next year. For a number of important reasons the executive […]How bad is the Eurozone economy? The ECB thinks too bad
September 7, 2015 by Leave a Comment
Last Monday this newspaper questioned the ability of Eurozone’s economy to continue growing even at the negligible rate of three decimal points of a percentage unit, as Eurostat found it for the second quarter of this year. It also pointed out that the danger of recession is increasing and that the risk of deflation (negative […]How close is Eurozone to a new recession which may trigger formidable developments?
September 3, 2015 by Leave a Comment
According to the latest statistics published in August by Eurostat, the EU statistical service, the euro area economy grew by a meager 0.3% during the second quarter of this year. Despite the fact that the mere three decimal points of more gross product typically illustrate a positive development for the Eurozone economy, there are other […]More billions needed to help Eurozone recover; ECB sidesteps German objections about QE
May 18, 2015 by Leave a Comment
The Eurozone economy has been taking two steps forward and one step backward over the past few months. The minimal increase of the GDP growth rate to 0.4% during the first quarter of this year and the equally small increase of people in employment was accompanied by a fall of industrial production and a decrease […]Eurozone at risk of home-made deflation and recession
May 4, 2015 by Leave a Comment
Tomorrow Tuesday, 5th April, the European Commission will present its ‘Spring European Economic Forecast’ including assessments and predictions about GDP, inflation, employment and government finance for 2014, 2015 and 2016. Good providence made sure that last Thursday Eurostat released its flash estimate of April inflation standing at the edge of zero percent, up by an […]ECB’s trillion has to be printed and distributed fast before Armageddon comes
December 15, 2014 by 2 Comments
The latest Eurostat data on employment and industrial production for the Eurozone economy point invariably to stagnation, if not recession, while the long-term tendency of household consumption, as a percentage of GDP, appears falling. In short all the key growth indicators of the economy are quite disappointing, to say the least. The economic problems of […]The EU Commission predicts a decimated growth in the next years
February 26, 2014 by Leave a Comment
Yesterday, the European Commission after acknowledging that unemployment will continue ravaging more than half of Eurozone in the foreseeable future and predicting for this and next year a 0.1% ‘strengthening’ of the quite anemic growth rate, it found the courage to state that, “Recovery is gaining ground in Europe”. A lot of courage and probably […]Eurozone: Subdued inflation can lead to more recession
February 25, 2014 by Leave a Comment
Inflation in Eurozone remained subdued during last January at 0.8%, stable as in December 2013 but way below the January 2013 quote at 2%. According to Eurostat, compared with December 2013, annual inflation fell in seventeen member states, remained stable in seven and rose only in four. In January 2014, negative annual rates were observed […]Facilitating the access to finance and risk capital for SMEs and midcaps
January 13, 2014 by Leave a Comment
As they say better late than never. The EU Commission decided to relax the rules regulating the granting of state aid to SMEs and midcaps. This initiative relates to easing the terms of high risk equity financing of companies with perceived high-growth potential during their early growth stages. In normal financial circumstances high risk capital […]The financial sector cripples Eurozone growth prospects
January 6, 2014 by Leave a Comment
According to a European Central Bank Press release published on 3 January 2014, Eurozone banks further reduced their overall outstanding balance of loans to the private sector during November 2013. Given that industrial multinationals and big services firms do not rely on bank loans for their financing, it’s mainly the SMEs that have been deprived […]Eurozone: Retail sales and inflation point to recession
November 12, 2013 by 2 Comments
Retail sales in Eurozone point to recession, having lost in September a part of their volume. According to Eurostat, “In September 2013 compared with August 2013, “Food, drinks and tobacco” fell by 0.6% in the euro area and by 0.5% in the EU28. The non-food sector decreased by 0.1% in the euro area, but rose […]Eurozone’s north-south growth gap to become structural
August 16, 2013 by Leave a Comment
Early last Wednesday European Sting writer Elias Lacon stressed that “Eurozone banks are unable to support real economy’s dawning growth”. Hours later on the same day Eurostat, the EU statistical service, announced its flash estimate for the second quarter of 2013 euro area and EU27 growth and informed us that both those economic volumes recorded […]
