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War in Ukraine: what are the consequences for the UK economy?
It seemed the world was slowly recovering from the pandemic, but the Russian invasion of Ukraine has dealt Europe and the world another blow.
UK economy: the country is in recession for the first time since 2009
With a decline in GDP two quarters in a row, the UK is officially in recession for the first time in 11 years. The GDP fell by 2.2% between January and March 2020 and shrank further by 20.4% between April and June. This is the country’s worst crash since quarterly records began in 1955.
CHINESE GDP CONTRACTION IN THE 1ST QUARTER 2020
The Chinese economy shrank by 6.8% in the first three months of 2020 compared to the previous year. This is the first contraction of this magnitude since Beijing began reporting its quarterly gross domestic product in 1992.
Coronavirus rules the financial markets
The last two weeks of February 2020 were emotional ones. The equity market collapsed, as did oil and gas, and other commodities. The direct consequences of the Coronavirus psychosis.
How Facebook's Libra could endanger the economy?
Facebook's Libra is currently making the economic headlines across the globe. It was therefore a hot topic at the Chantilly (France) G7 meeting of finance ministers and central bankers. While that meeting was ongoing, the U.S. House of Representatives and the U.S. Senate were carefully listening to David Marcus, the manager for Facebook’s digital currency project.
UK economy suffers weakest quarter of GDP growth since 2012
According to Eurostat, quarterly growth in the eurozone is down 0.4% compared with 0.7% in the last quarter of 2017.
The Chinese economic crisis and its consequences on Global economy
This week has permanently put the economic crisis in China, the world's second largest economic power, in the limelight of international economy.
