By victoria adam Published on 05/09/2022 at 9:20 p.m.modified 05/10/2022 at 6:50 p.m. In its latest economic report, INSEE sees the French economy growing at the rate of 0.25% in the 2nd quarter and inflation reaching 5.4% in June. Without a tariff shield on energy, the increase would have exceeded 7%. (Boursier.com)…
Economist warns Truger: 500,000 jobs at risk if Russia stops gas 05/10/2022 04:46 am Russia is still supplying gas to Germany. But should Putin turn off the tap, a deep recession is imminent, warns economist Achim Truger. Around half a million jobs could be lost in Germany – and long-term damage could remain. The economist…
Between inflation and recession US Federal Reserve has to raise interest rates 05/07/2022, 3:30 p.m It’s a fine line that the US Federal Reserve has to walk when it comes to interest rate policy. On the one hand, there is inflation, which is felt by all citizens and is also increasingly presenting companies with challenges….
by William Schomberg and David Milliken LONDON, May 5 (Reuters) – The Bank of England (BoE) raised its interest rate on Thursday to 1%, its highest level since 2009, to counter inflation which could reach more than 10% this year , while warning that the UK economy could slide into recession. Six of the nine…
Reserved for subscribers MAINTENANCE. Growth, inflation, debt… The economist Denis Ferrand draws up the inventory of a French economy with gloomy prospects. The Ministry of Economy and Finance, in Paris. © Amaury Cornu/Hans Lucas via AFP Interview by Kévin Badeau Published on 05/04/2022 at 5:30 p.m. Link copied Copy link I subscribe to 1€ the…
The building of the Federal Reserve (Fed), the American central bank, on March 16, 2022 in Washington (AFP/Archives/SAUL LOEB) The American Central Bank will have a difficult equation to solve on Tuesday and Wednesday: at what level should key rates be raised this year to control inflation without this plunging the world’s largest economy into…
recession avoided Economy hardly grows at the beginning of the year – war slows down recovery 04/29/2022 10:03 am The German economy returns to growth at the beginning of the year. The recovery is mainly supported by investments. With the beginning of the Russian war, however, any further increase in economic output is practically choked…
Berlin (awp/afp) – German gross domestic product (GDP) grew by 0.2% in the first quarter of 2022, despite the “growing” impact of the war in Ukraine. The conflict has caused energy prices to spike and worsen shortages, according to preliminary figures released on Friday. Germany thus escaped technical recession, after a decline in GDP in…
BERLIN, April 27 (Reuters) – The German government on Wednesday cut its growth forecast for this year to 2.2% and Economy Minister Robert Habeck stressed that an embargo or blockade on energy Russia would push the country into recession. Berlin was expecting gross domestic product (GDP) growth of 3.6% until the Russian military launched its…
The war in Ukraine will not weigh too much on the French economy, assures the Minister Delegate in charge of Public Accounts. The start of Emmanuel Macron’s second five-year term will be marked by good economic conditions, assures Olivier Dussopt. “We do not risk a recession in 2022“, declared the Minister Delegate in charge of…
Economy grows slightly Germany is likely to narrowly avoid recession 04/23/2022, 09:27 am After the German economy contracted slightly at the end of 2021, economists see a small upswing at the beginning of the year, and therefore little danger of an imminent recession. However, inflation remains high, which is having a particularly negative impact on…
EAccording to model calculations by the Bundesbank, an escalation of the conflict with Moscow with a complete ban on imports of Russian energy could plunge the German economy into a recession this year. “In the aggravated crisis scenario, real gross domestic product in the current year would fall by almost 2 percent compared to 2021,”…
