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Tag: recession

IMF World Economic Outlook predicts ‘deep recession’ with 4.4% global contraction

In its latest, unsurprising but painful prognostication, the IMF World Economic Outlook projected what it described as a 'deep recession', with global growth expected...

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UK manufacturing stalls due to Brexit and lockdowns

Business expectations have improved UK manufacturers paid the price of supply chain disruptions in February as lockdowns and Brexit caused a dip in production levels....

Oil shrugs off poor China manufacturing data to continue rally

Oil at highest point since 2019 Oil has continued its recent resurgence despite a recent weak performance of the Chinese manufacturing sector. West Texas Intermediate...