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UK Economy Unexpectedly Shrinks In March As Recession Risks Loom

Hedge Fund - Published date: .

The BoE has raised interest rates four times since December, and is likely to increase them further this year to tame in... Read more

UK To Enter Recession This Year, Think-tank NIESR Forecasts

Hedge Fund - Published date: .

NIESR cut its UK growth forecast for 2022 to 3.5% from 4.8%, and downgraded its 2023 forecast to 0.8% from 1.3% Read more

ARK's Wood Sees Global Recession, Blames Market Selloff On Fed Hike Plan

Hedge Fund - Published date: .

The benchmark S&P 500 is down approximately 16% for the year to date, near the 20% decline that typically signifies ... Read more

Wall Street Eyes Lower Open After Fed-driven Rally

Hedge Fund - Published date: .

The tech-heavy Nasdaq has declined 17.1% year-to-date, compared with a 9.8% drop in the S&P 500 and a 6.3% fall in t... Read more

Sri Lankan Tea Pickers' Dreams Shattered By Economic Crisis

Hedge Fund - Published date: .

The COVID-19 pandemic severed the tourism lifeline of the Indian Ocean nation, already short of revenue in the wake of s... Read more

IMF Warns Asia Faces 'stagflationary' Economic Outlook

Hedge Fund - Published date: .

In its latest forecast issued this month, the IMF said it expects Asia's economy to expand 4.9% this year Read more

Temporary Aid Can Offset Inflation Hit To Families: IMF Official

Hedge Fund - Published date: .

Governments can alleviate impact of the price jumps with "targeted measures to try to support vulnerable populations" Read more

World Bank Planning New $170 Bn Crisis Fund: Malpass

Hedge Fund - Published date: .

G20 finance ministers will meet on Wednesday on the spring meetings' sidelines. Read more

Sri Lanka Cancels School Exams Due To Shortage Of Printing Paper, Ink

Hedge Fund - Published date: .

The economic crisis faced by Sri Lanka is only worsening with each passing day, the country has now cancelled school exa... Read more

Fearful Wall Street Awaits Fed's Next Moves On Inflation

Hedge Fund - Published date: .

The Fed is the world's most influential central bank, and its policies have implications for lending globally. Read more

'Heating Or Eating': Britons Struggle With Rising Costs

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The cost of living in Britain is forecast to soar even higher in April Read more

Global Growth Could Slow Sharply Due To Omicron: World Bank

Hedge Fund - Published date: .

The world's biggest economic powers, the United States and China, have not been spared from the economic impact of Omicr... Read more

In Cuba, Queueing For Hours 'just To Be Able To Eat'

Hedge Fund - Published date: .

Often, police are at hand to keep order in queues that stretch down several street blocks. Read more

IMF Extends Emergency Funding By 18 Months Due To Covid

Hedge Fund - Published date: .

The programs have already been extended twice, in September 2020 and again last March. Read more

UK Businesses Given £1.0 Billion Support As Omicron Bites

Hedge Fund - Published date: .

Across the country, all sectors of British industry have been hit as staff contract the virus and are forced to self-iso... Read more