Russia enters recession, GDP shrinks 4% in third quarter

Nine months after beginning its offensive in Ukraine, Russia has entered a recession as a result…

Goldman Sachs slices US GDP forecast; predicts fed hike and rise in unemployment

Banking major Goldman Sachs has cut the GDP forecast for the US for 2023, anticipating an…

Report: Saudi Arabia expected to be the world’s fastest-growing economy by 2022; GDP to rise by 7.5%

In 2022, Saudi Arabia is expected to have the fastest-growing economy, surpassing other faltering Western European…

‘Spectacular rebound’ erases French economic crisis: Country sees highest growth in 52 years

France’s economy grew at its fastest pace since 1969 last year, official data showed Friday, enjoying…