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Tag: Global Economy

Canada / Finance/Business

Bank of Canada Governor has cut its key interest rate from 4.25 percent to 3.75 percent

October 24, 2024October 24, 2024 - by cmedia

With the global economy continuing to expand, the Bank of Canada cut its key interest rate Wed from 4.25 per cent to 3.75 percent. This fourth rate cut in a row of half a …

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Finance/Business / World

Global economic prospects remain subdued, uncertain amid ongoing geopolitical rifts, AI advancement: World Economic Forum Reports

January 15, 2024January 15, 2024 - by cmedia

#GlobalEconomy, #Economy, #WorldEconomicForum, #AI, #Wars IBNS: Global economic prospects remain subdued and fraught with uncertainty, according to the latest Chief Economists Outlook released today, as the global economy continues to grapple with headwinds from …

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Finance/Business

Global 4th largest economy Germany slips into recession: Report

May 25, 2023May 25, 2023 - by cmedia

IBNS: The euro experienced a decline on Thursday as Germany, the largest economy in Europe, slipped into recession, Reuters reported. Meanwhile, the US dollar reached a two-month high, driven by …

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Finance/Business / World

COVID-19 pandemic stalls global economic recovery: UN report

January 14, 2022January 14, 2022 - by cmedia

Global Economy. Image credit: Pixaby #UN; #GlobalEconomy; #WESP; #COVID19; The UN’s key report on the global economy, released on Thursday, shows that the rapid spread of the Omicron COVID-19 variant …

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