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Economy
EEC does not rule out risk of recession in EEU in 2023
The Eurasian Economic Commission (the executive arm of the Russia-led Eurasian Economic Union, EEU) does not rule out a possible recession in the EEU in 2023, said EEU spokesperson Iya Malkina, Interfax reported citing BelTA.
03.02.2023, 18:49
Economy
UK to face worst and longest recession in G7, say economists
The UK will face one of the worst recessions and weakest recoveries in the G7 in the coming year, as households pay a heavy price for the government’s policy failings, The Financial Times reported citing the findings of an annual poll of leading UK-based economists.
03.01.2023, 10:21
Economy
Half of the European Union and one-third of the world face recession in 2023, IMF warns
The new year is going to be "tougher than the year we leave behind," IMF Managing Director Kristalina Georgieva said on CBS’s show Face the Nation on Sunday. "We expect one-third of the world economy to be in recession," Georgieva said, according to news reports.
03.01.2023, 10:06
Economy
WTO head warns that several major economies face a real risk of sliding into recession
The head of the World Trade Organization (WTO) warned on Wednesday that several major economies face a real risk of sliding into recession as the war in Ukraine, rising food and fuel costs, and soaring inflation cloud the global outlook, Reuters reported.
16.11.2022, 10:34
Economy
US economy slowing down, but there are no signs of recession- Treasury Secretary
U.S. Treasury Secretary Janet Yellen on Sunday said the U.S. economy is slowing but there are no signs of recession, TASS reported.
25.07.2022, 10:19
Economy
Situation in Ukraine makes global recession hard to avoid- - WB president
World Bank President David Malpass on Wednesday suggested that the Russian-Ukrainian conflict and its impact on food and energy prices, as well as the availability of fertilizer, could trigger a global recession.
26.05.2022, 10:03
Economy
IMF's Georgieva: Ukraine expected to see deep recession this year
The International Monetary Fund approved a $1.4 billion emergency loan for Ukraine to bolster the nation’s economy, citing severe human suffering and forecasting a deep recession this year after Russia’s invasion, Bloomberg reported.
10.03.2022, 10:22
Economy
World Bank: GDP of emerging and developing countries of Europe and Central Asia expected to contract 4.4 percent in 2020
The COVID-19 pandemic has sunk the global economy into the deepest recession in eight decades, the World Bank said in an update of recent developments in the region.
07.10.2020, 15:34
Economy
Armenian MP says there are signs of economic recovery
Armenia's economic recession is over, according to Babken Tunyan, a parliament member from the ruling majority My Step faction.
31.08.2020, 16:02
Economy
Armenian central bank chairman says economy will recover in 2021 to 5.5 percent
Central Bank Chairman Martin Galstyan predicted on June 30 that Armenia's economy will recover to 5.5% in 2021 after seeing a minus 4% drop in 2020.
01.07.2020, 09:22
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Popular
Armenia's Investigative Committee has announced the reasons for the search at the Tashir Group headquarters in Yerevan.
Armenia's Investigative Committee explains reasons for search at Tashir Group headquarters in Yerevan
