Page 22 - Latest Updates on Recession
G-7 is well timed to fight recession but leaders unlikely to act
The UK, like Germany, is at risk of slipping into a recession after recent data showed a second-quarter 0.2 per cent decline in gross domestic product
 "G-7 is well timed to fight recession but leaders unlikely to act")
Hong Kong turmoil could trigger world recession, warns Harvard economist
The academic's warning comes days after Federal Reserve Bank of Boston President Eric Rosengren said Hong Kong's crisis is on his global worry list
 "Hong Kong turmoil could trigger world recession, warns Harvard economist")
GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura
India's economic growth slowed to 6.8% in 2018-19 - the slowest pace since 2014-15
 "GDP growth to slow in Apr-Jun quarter to 5.7% on weak consumption: Nomura")
Trump looking at possible tax cuts, asset sale amid economic recession fear
Trump dismissed fears of a slowdown, extolling low unemployment and a rising stock market over his tenure
 "Trump looking at possible tax cuts, asset sale amid economic recession fear")
As signs of US recession grow, should global investors be worried?
Do not let talk of yield curve inversion and impending recession spook you
 "As signs of US recession grow, should global investors be worried?")
World closer to first recession in a decade as trade war fears spread
While tight labour markets globally and the recent shift by central banks should provide a cushion, economists are starting to war-game for how a recession could happen
 "World closer to first recession in a decade as trade war fears spread")
Wall St sinks as US bond market stokes recessionary fears, spooks investors
The drop in yields also reflected a jump in expectations that the Federal Reserve would cut key borrowing costs three more times by year-end
 "Wall St sinks as US bond market stokes recessionary fears, spooks investors")
From yield curve to labour signs: Tips for spotting a recession in the US
The downward trend suggests "there's been a lingering caution on behalf of businesses"
 "From yield curve to labour signs: Tips for spotting a recession in the US")
Global recession likely late this year or next: Nobel Laureate Paul Krugman
Noting that the central banks often lack the tools available to insulate against market turmoil, Krugman said the planning for risk has been minimal
 "Global recession likely late this year or next: Nobel Laureate Paul Krugman")
Recessions aren't inevitable, and economists don't agree on their causes
Because economists don't know why recessions start, they can't predict when one will start
 "Recessions aren't inevitable, and economists don't agree on their causes")
Trillions in US net worth vulnerable to recession, says IMF report
The IMF pointed to rising trade tensions as a cause for worry and also predicted slower growth in the United States next year and beyond
 "Trillions in US net worth vulnerable to recession, says IMF report")
Rich countries may take lead in recession-proof debt project
These countries plan to club together to sell growth-linked bonds
 "Rich countries may take lead in recession-proof debt project")
Despite global recession, economy doing great: Arun Jaitley
This is aggravated further with bad loans and non-performing assets (NPAs), he said
 "Despite global recession, economy doing great: Arun Jaitley")
