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All publications by tag «ECONOMY»

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2024, February, 26, 06:35:00
GERMANY'S RECESSION UP
The government on Wednesday slashed its growth forecast for this year to 0.2% from 1.3%, after a contraction in 2023.
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2024, February, 21, 06:45:00
GERMANY IN RECESSION
While the outlook is weak, the bank said it expects no major deterioration in the labour market, which has insulated the economy so far, and Germany was not facing a broad-based, prolonged recession.
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2024, February, 16, 06:45:00
RUSSIAN RESERVES DOWN
"Oil prices at $80 is extremely comfortable for Russia," she said. "Maybe at $60-$70 it starts feeling the pinch, but we cannot start talking about crisis if Russia is selling oil at $60 or above."
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2024, February, 16, 06:30:00
GERMANY'S ECONOMY DOWN
The European Commission on Thursday said Germany will be the biggest drag on euro zone growth this year and next, with growth of only 0.3% in 2024 rather than 0.8% expected in November and 1.2% in 2025, after a 0.3% recession last year.
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2023, April, 14, 07:35:00
RUSSIAN URALS DISCOUNT
Urals, Russia’s main crude export blend, has traded at a significant discount to the Brent benchmark since the European Union banned almost all seaborne imports of oil and petroleum products from the country, and the Group of Seven industrialized nations imposed a price cap.
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2023, February, 27, 09:25:00
U.S. GDP UP BY 2.7%
Real gross domestic product (GDP) increased at an annual rate of 2.7 percent in the fourth quarter of 2022, according to the "second" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.
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2023, February, 1, 12:00:00
GLOBAL GROWTH WILL DOWN
Global growth is projected to fall from an estimated 3.4 percent in 2022 to 2.9 percent in 2023, then rise to 3.1 percent in 2024.
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2023, January, 27, 09:50:00
U.S. GDP UP BY 2.9%
Real gross domestic product (GDP) increased at an annual rate of 2.9 percent in the fourth quarter of 2022, according to the "advance" estimate released by the Bureau of Economic Analysis. In the third quarter, real GDP increased 3.2 percent.
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2022, October, 6, 13:05:00
GERMAN ECONOMY DROP
Germany is rushing to minimize the impact of surging energy costs after Russia curtailed supplies of natural gas in retaliation for sanctions imposed after its invasion.
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2022, June, 27, 11:30:00
U.S. RECESSION 2022 - 23
Based on the median projection for the policy rate published at the June FOMC meeting, we expect the U.S. economy will slow in 2022-23 but narrowly avoid a recession.