Tag: recession
Gold Prices: Triggering Factors For A Lasting Rally
Gold has indeed struggled to show its value as a haven investment this year, with prices marking their lowest settlement since the2021 spring. A...
IMF Warns Of Global Recession, Slashes Growth Forecast
The International Monetary Fund cut global growth forecasts again on Tuesday, warning that downside risks from high inflation and the Ukraine war were materializing...
What Auto Slump? BMW Sees Another Record Year for Car Sales
(Bloomberg) --BMW AG said last year was a record for car sales and 2020 could be better still as the German company looks to...
Let Them Eat Cake? Restaurant Coupons to Fight Next Recession
(Bloomberg) --A Harvard University professor has a novel suggestion for how the government might fight the next recession: Hand out coupons that can be...
Is the World Economy Sliding Into First Recession Since 2009?
(Bloomberg) - The global economy is wobbling and whether it topples over is the big question in financial markets, executive suites and the corridors...
Omani crude oil production reaches 30.091mn barrels in July
The total production of crude oil and condensate was at 30.091 million barrels in July with a daily average output of 970, 682 barrels,...