Global Recession

• Recession or soft landing? Big bank economists weigh in on Canada’s economic fate

  Canada's big bank economists poured some fuel on the fire of recession calls on Friday, indicating that the economy is headed for a slowdown in 2023.

  Economy

  Jan 13, 2023
  
• Russia one of the ‘biggest threats’ to world economy amid recession fears: Freeland

  This week, the International Monetary Fund cited the war in Ukraine as one of the drivers for cutting its global growth forecast for 2023.

  Canada

  Oct 14, 2022
  
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• Concerns over global financial crisis grow at World Economic Forum meeting in Davos

  Leaders gather in Davos at the World Economic Forum to discuss the ongoing inflation, Russia's war on Ukraine, food insecurity and other global economic crisis

  Economy

  May 25, 2022
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• Global economic downturn from COVID-19 could be worse than first projected: IMF

  The head of the International Monetary Fund said recent economic data for many countries was coming in below the fund's already pessimistic forecast for a 3% contraction in 2020.

  World

  May 9, 2020
• Coronavirus: IMF sees worst global recession since 1930s, Canada’s economy to shrink 6.2%

  The IMF predicts the global economy will shrink by 3 per cent this year, far worse than the 0.1 per cent dip in the Great Recession year of 2009.

  Money

  Apr 14, 2020
• Coronavirus: IMF says world recession will be ‘way worse’ than 2008 crisis

  The IMF's managing director, Kristalina Georgieva called on advanced economies to step up their efforts to help emerging markets and developing countries survive the economic and health impact of the pandemic.

  World

  Apr 3, 2020
• Global economy has entered a recession amid coronavirus pandemic, says IMF head

  The head of the International Monetary Fund said she believed not only the United States but many other advanced economies and a number of developing countries had already entered downturns.

  Economy

  Mar 27, 2020
• Wall Street, TSX post worst week since 2008 crisis

  Stocks have been plunging at record speed amid growing fear of a coronavirus pandemic.

  Money

  Feb 28, 2020
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• Dow drops 1,000 points amid fears of a coronavirus pandemic

  It's the third time this week that the Dow Jones Industrial Average has dropped 1,000 points in intraday trading.

  Money

  Feb 28, 2020
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• North American markets open sharply lower amid growing recession fears

  Trading on Canadian exchanges resumed after technical glitches on Thursday.

  Money

  Feb 28, 2020