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Inequality destroys benefits of positive economic growth for the poor, South African district-level data revealsDuring negative economic growth, the welfare of the poor should be the main focus area. Research from the University of Johannesburg shows how inequality can demolish most of the benefits of ...
Asia’s near-term outlook has weakened amid rising trade tensions with growth in the reference forecast slowing to 3.9 percent this year from 4.6 percent in 2024. Notwithstanding robust growth and ...
Europe’s economy is affected by these developments as it has only now begun to recover from recent shocks, its public spending needs are rising, public debt is high, and medium-term growth prospects ...
Gross Domestic Product growth is the broadest measure of economic expansion or contraction. While two consecutive quarters of negative growth often indicate recession, examining the trajectory and ...
"There's no one agreed-upon definition of a recession, but the most commonly used metric is two back-to-back periods of negative economic growth," said CBS MoneyWatch correspondent Kelly O'Grady.
President Donald Trump's tariffs have tripped recession alarms, such as shrinking economic growth, squashing consumer confidence, and shaking financial markets. Some of the most populous U.S ...
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