Thursday, 13 August 2020_News that the British economy has plunged into the “largest recession on record” has been met with dismay across the political establishment, including by the Chancellor of the Exchequer, Rishi Sunak.
Thursday, 09 July_The Chancellor of the Exchequer, Rishi Sunak, has introduced a post-lockdown “kickstart scheme” to help alleviate the impact of the coronavirus-induced recession .
Saturday, 27 June_Ireland’s parliament picked veteran opposition leader Micheál Martin as prime minister on Saturday to head the first ever coalition uniting the two parties that have battled each other for power since a civil war nearly a century ago.
Tehran, 18 May_Japan’s economy slipped into recession for the first time in 4-1/2 years, putting the nation on course for its deepest postwar slump as the coronavirus crisis ravages businesses and consumers.
Tehran, 08 May_ Japan's household spending has plunged in March and service-sector activity shrank at a record pace in April, reinforcing expectations that the coronavirus pandemic is tipping the world's third-largest economy into deep recession .
TEHRAN, August 21 -A former senior official with the US Treasury Department says the country’s economy is already experiencing recession , refuting President Donald Trump’s claim of his administration’s strong economic performance as mere “hoax.”
TEHRAN, August 19 -A majority of economists expect a US recession in the next two years, but have pushed back the onset amid Federal Reserve actions, according to a survey released Monday.
TEHRAN, December 14 - The risk of a US recession in the next two years has risen to 40 percent, according to a Reuters poll of economists who also found a significant shift in expectations toward fewer Federal Reserve interest rate rises next year.
TEHRAN, November 28 -The population of unauthorized immigrants in the United States fell to 10.7 million in 2016, its lowest level since 2004, due largely to a decline in the number of people coming from Mexico, a study released on Tuesday said.
TEHRAN, October 31 -The UK will begin to suffer a lengthy economic recession if Prime Minister Theresa May fails to reach a Brexit deal with the European Union, experts warn.
TEHRAN, September 18 - The US may be in for another recession as soon as late 2019, warns Chief executive officer of the National Association of Federally-insured Credit Unions Dan Berger.
TEHRAN, February 5 - The kind of pay raises for which American workers have waited years are now here for a broadening swath of the country, according to a Reuters analysis of state-by-state data that suggests falling unemployment has finally begun boosting wages.