Tag: economic slowdown

UN flags global economy operating near stagnation

NEW YORK: The global economy is experiencing a period of subdued economic performance marked by…

Jobless claims surge, signaling U.S. economic slowdown

U.S. jobless claims rose to 241,000, marking a 9-week high and signaling…

France’s economic growth outlook downgraded to 0.7% for 2025

France GDP growth forecast for 2025 cut to 0.7% by Banque de…

Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision

Oil prices slipped as Brent crude dropped 3%, pressured by a sharp…

Tariff concerns and low demand pressure Chinese manufacturing outlook

China’s manufacturing sector faces renewed contraction, as PMI data underscores weak domestic…

Brent and WTI crude decline after weak economic reports in US and Germany

Oil prices fell 1% amid weak economic data from the US and…

Manufacturing downturn continues as Germany’s economy struggles in December

Germany’s economic contraction extended into December, marking six straight months of decline…

Retailers warn of job losses following new UK budget tax hikes

UK retailers face rising costs and insolvencies following budget changes, with calls…

South Korea’s 2025 growth revised downward to 2 percent by ADB

The ADB lowered South Korea's 2025 growth forecast to 2%, citing a…