Tag #Recession

Showing 409 to 420 of 437 results

bbc.com
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UK Job Vacancies Plummet 26%, Raising Recession Fears

Reed, a major UK recruitment firm, reports a 26% year-on-year fall in job vacancies by November, suggesting a possible recession as the economy shrank in September and October; Unemployment rose to 4.3% in September, and the government's recent tax increase on employers is blamed for the decline.

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48% Bias Score

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zeit.de
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Bundesbank sharply cuts German growth forecast, predicts recession

The Bundesbank drastically lowered its German economic growth forecast for 2024 to a 0.2% contraction and 0.2% for 2025, citing persistent economic headwinds, structural problems, and potential global protectionism as key factors, while predicting inflation to gradually decline to 2% by 2026.

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44% Bias Score

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dw.com
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Germany Faces Second Recession as Bundesbank Slashs Growth Forecasts

Germany's Bundesbank sharply reduced its economic growth forecasts for 2024 and 2025 to -0.2% and 0.2% respectively, citing structural problems and global protectionism as major concerns, marking a second consecutive year of recession.

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24% Bias Score

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welt.de
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German Economy Stagnates; Growth Dependent on Structural Reforms

Germany's economy is stagnating, with GDP projected to be unchanged in 2025 after a 0.2% decline in 2024 and minimal growth in 2025, according to leading economic institutes. Rising unemployment and restrained consumption are contributing factors, with the future trajectory dependent on whether stru...

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48% Bias Score

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dailymail.co.uk
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UK Business Confidence Collapses After Reeves' Tax Hikes

Rachel Reeves' October Budget tax increases caused UK business optimism to plummet to a two-year low in November, triggering decreased hiring and economic output shrinkage, as reported by BDO and the REC.

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72% Bias Score

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cnbc.com
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U.S. Job Market Stagnant: Low Hiring, Low Layoffs Create Challenges for Job Seekers

The U.S. job market is currently stagnant, with low hiring and low layoffs despite near-record-low unemployment (4.2% in November). This follows a period of high employee turnover, and job seekers now face increased competition.

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40% Bias Score

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forbes.com
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Fed to Cut Rates Despite Sticky Inflation

The Federal Reserve is likely to cut interest rates by 0.25% on Wednesday, balancing concerns about sticky inflation (CPI 2.7%, PPI 3.0%) with a softening labor market (unemployment rate at 4.2%) and the belief that monetary policy remains restrictive despite 3.3% GDP growth. The decision will be fo...

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32% Bias Score

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theglobeandmail.com
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UK Economy Contracts for Second Straight Month

Britain's economy shrank 0.1% in October, marking the first back-to-back monthly falls since the start of the COVID-19 pandemic, impacting new finance minister Rachel Reeves, and defying economists' predictions of 0.1% growth.

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44% Bias Score

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dw.com
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Bundesbank drastically cuts German growth forecasts

Germany's central bank, the Bundesbank, slashed its economic growth forecasts for 2025 and 2026 to 0.2% and 0.8%, respectively, citing persistent economic headwinds, structural problems, and a sharp decline in October exports (down 2.8% from September).

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40% Bias Score

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elpais.com
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"Germany's Economy Faces Recession Amidst Industrial Crisis and Political Uncertainty"

"Germany's leading economic institutes predict a 0.1-0.2% GDP contraction in 2024, primarily due to industrial weakness caused by rising costs, global competition, and political instability following the November 2023 collapse of the governing coalition; growth in 2025 is projected to be weak at bes...

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40% Bias Score

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theguardian.com
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UK Job Vacancies Plunge to Pandemic Lows Amidst Business Confidence Slump

UK job vacancies fell at the fastest rate since the start of the pandemic in November 2023, driven by decreased business confidence following the October budget's tax increases, signaling a potential economic contraction.

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48% Bias Score

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elpais.com
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"Eurozone Economic Growth Revised Downwards, Fragmentation Hinders Collective Action"

"The Eurozone's economic growth is projected to be below 1% in 2024, significantly lower than previously predicted, reflecting structural issues in major economies and leading to fragmented national responses to the crisis, hindering collective action."

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36% Bias Score

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Showing 409 to 420 of 437 results