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Depression vs recession – what is the difference?

Depression vs recession – what is the difference?

It is important to know how recession and depression differ from each other. It is also important to know they are a part of the economy and business cycle.

World Bank chief economist talks about global recession

World Bank (WB) Chief Economist Carmen Reinhart doubts that the US and global economies will be able to avoid a recession.

G7 leaders unveil $600 billion plan to invest

The investments will involve developing countries and are an effort to compete with China's Belt and Road Initiative.

Russia is insolvent

Russia has the money to pay its debts, but the sanctions will not allow it to repay it. The Russian side called the situation a farce.
Money management – what every trader needs to master? โ˜… Premium This content is only available for registered users - sign up for free now

Money management – what every trader needs to master?

The portfolio is profitable not only from successful trades but from the system of how trades are managed.

Microchip sector grows fastest in China

The microchip sector is growing faster in China than anywhere else in the world, and Chinese companies are reporting record sales.

The US housing market is going through tough times

Mortgage rates in the US rose by more than 0.5% this week, an increase not seen in decades. This may be a problem for many Americans.

Ban on the sale of combustion engine cars in Europe?

The European Parliament has agreed that new cars with internal combustion engines will not be allowed to be sold from 2035.

World Bank fears stagflation and cuts global growth forecast

The World Bank cut its global growth forecast for 2022 by almost a third to 2.9% and added fears of stagflation.

US invests $3.5 billion to remove CO2 from the air

The U.S. Department of Energy has launched a program to fund four large-scale projects across the country.

The Bank of Japan is clear about its strategy

The monetary policy of the Bank of Japan is aimed at achieving the 2% inflation target, not at manipulating exchange rates.

The Russian economy is facing a massive downturn

Russia's economy could shrink by 10 percent this year, the biggest drop in gross domestic product since 1994.

The UK plans to build eight new nuclear reactors

In the UK, the government has a plan to strengthen the UK's energy independence while tackling rising energy prices.