There could be some bad news for the US economy. A noted forecaster claims that the country is already in recession. Danielle Dimartino Booth adds that the US may be following the footsteps of China, where the government is collecting more debt to prop up economic growth.

Top Forecaster: US may be following China's footsteps

Japan's economy managed to dodge a technical recession, as per revised government data released on Monday. The revised Gross Domestic Product (GDP) figures for the October-December period indicated an expansion, although weaker than anticipated, sparking concerns over the slow economic recovery.

Japan's economy evades recession, but concerns persist over weak recovery

Recession in the US? This is a topic that has leading analysts divided. Fed’s mixed signals regarding rate cuts have prompted a debate on whether America is moving away or inching closer to recession.

Analysts divided: US recession outlook split

Germany's economic landscape is in flux, with the Bundesbank issuing a stark warning of an impending recession. External demand weakens, consumers adopt a cautious stance, and domestic investment is hampered by high borrowing costs. Watch to know more!

Germany likely in recession amid weak demand: Bundesbank

Germany, the powerhouse of Europe's economy, is currently navigating through turbulent economic waters. In its latest report, the Bundesbank has sounded the alarm of a looming recession.

Germany teeters on the brink: Recession looms as Europe's economic engine sputters

Key predictions for 2024 were made by Baba Vanga. Some of the predictions came true. Lets have a look.

Baba Vanga's sensational predictions for 2024 that came true

Japan is no longer the third-largest economy in the world. The Asian country has lost that position to Germany, after contracting for the last six months of 2023 and entering a recession. Official data shows that Japan's economy unexpectedly shrank due to weak domestic demand. This has raised uncertainty about the central bank's plans to exit its ultra-easy monetary policy this year.

Japan no longer third-largest economy

In a landscape fraught with economic uncertainties, the United States stands out as a beacon of stability, showcasing a commendable economic performance that leaves global counterparts in the shadows. As the Eurozone grapples with stagnant growth and the Chinese market experiences a period of volatility, the United States has orchestrated a stable economic narrative, and at the heart of this success lies the poise of its consumers.

How US consumers defied recessionary fears

The US economy has defied the odds of a recession to post strong growth figures in the last three months of 2023. The US economy expanded faster than expected in the October-December quarter last year. Strong consumer spending, rising exports, government spending & business investments helped the US To grow at 3.3%.

US economy grows by 3.3% in last three months of 2023

The number of UK businesses on the brink of bankruptcy has skyrocketed. Nearly 50,000 businesses in the country are reportedly on the brink of collapse.

Gravitas: UK to tip into a recession? Nearly 50,000 businesses on 'brink of collapse'

From policymakers to the general public, everyone is hoping for a stable and growing economy in 2024. The world has been in bad shape since 2020. To begin with, Covid-19 pandemic-related restrictions disrupted day-to-day economic activity.

2024 Economic Outlook: 5 key things to watch out this year

In 2023, economists widely anticipated a recession in the United States as the Federal Reserve raised interest rates to combat high inflation. However, the expected economic downturn never materialised. What are the factors that led to the world's largest economy defying grim expectations?

How the US defied a recession in 2023

Data revision puts the UK at risk of a technical recession. The GDP data revision indicates the UK is already in a recession. Economic data pressures the BOE to pivot to rate cuts sooner.

UK Economy shrinks in September quarter

In the Euro zone, the economy is flirting with recession. While economic activity marginally improved in November, consumers are cutting down on spending. this could eventually lead to the economy contracting in the coming weeks.

Economy on track to contract in October-December quarter | World Business Watch

The fears of a recession are back again in the United Kingdom with Britain's hard-press households cutting down and spending as they're struggling with costly fuel bills and also saving for Christmas. Two monthly snapshots of retail activity tell a story of plummeting sales and both in online shops and also in retail shops.

UK: Shoppers cut spending to save for Christmas

Canada has increased its efforts to fortify its banking sector on Thursday, by offering loan guarantees to mitigate the impending impact of the global financial crisis, which is anticipated to push the country to the brink of recession.

Canada takes action to prevent recession amid global financial crisis

Austan Goolsbee, President of the Federal Reserve Bank of Chicago, has expressed optimism about the possibility of the United States avoiding a recession, even as the central bank continues to raise interest rates in an effort to combat inflation.

Federal Reserve official highlights "golden path" to avert recession amidst rate hikes

Despite mounting evidence that the US economy may escape a recession — strategists generally foresee a market slump in 2024. The pessimism on Wall Street presents a predicament for investors with capital at risk. Despite the Fed's best efforts, inflation remains an economic concern.

Challenges and opportunities for investors in 2023

The Dutch economy has fallen into recession. The economy declined by 0.3% in the second quarter. This came after the economy shrank 0.4% in the first three months of the year.

Why did the Netherlands fall into recession after a strong COVID rebound?

Whenever a recession hits the world economy, women have found themselves at the centre of a distinct struggle, facing various obstacles unique to their gender. As economic pressures intensified, wage disparities widened, and access to opportunities dwindled.

'Shecession': How women are more impacted by economic downturns

With weak consumer spending and export earnings, the Dutch economy has entered its first recession since the pandemic. Bloomberg cited data from the statistics office indicating that the gross domestic product decreased 0.

Netherlands suffers recession with weak consumer spending and exports

JPMorgan’s chief economist said that the bank no longer expects a recession in the United States this year, joining other forecasters who reversed their decision and once opined that a downturn was inevitable.

JPMorgan signals positive outlook for US, takes back ‘recession’ call

Amidst a tough global economy, things are uncertain for many businesses due to rising prices and interest rates. There's one stand and that is Ferrari. Watch this report to find out more.

Ferrari's recession-proof business

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