Category : Search result: Canada recession


Canada's recession budget imposes austerity measures

The Canadian government has unveiled a stark austerity budget featuring sweeping spending cuts and tax increases as the nation confronts its first recession in over a decade. Key public services face significant reductions while households brace for finan

UK Economic Storm: Energy and Mortgage Crisis Deepens

Millions of British families face financial turmoil as energy prices skyrocket and mortgage costs escalate, creating a perfect storm for household budgets. New government data reveals alarming trends that could push the UK toward recession.

Trump's Dubious Reagan-Canada Trade Tale Questioned

Donald Trump has resurrected a questionable story about Ronald Reagan and Canadian trade, claiming it inspired his own aggressive NAFTA stance. We investigate the historical accuracy of his claims.

Carney apologises to Trump for Canadian tariff ads

Former Bank of England Governor Mark Carney makes unexpected apology to Donald Trump for Canadian government's attack ads during tense trade negotiations, revealing behind-the-scenes diplomatic tensions.

Bank of England Holds Rates Amid Recession Concerns

The Bank of England holds interest rates at 5.25% as Britain faces recession warnings and economic uncertainty. Get the latest on inflation, energy prices, and what it means for your finances.

Chalmers' economic mistake threatens Australian recession

Exclusive analysis reveals how Jim Chalmers' economic strategy is backfiring, creating a perfect storm of inflation and stagnation that could plunge Australia into recession. Experts warn of dire consequences for households and businesses.

Trump threatens Canada with total tariff war

Donald Trump considers imposing blanket tariffs on all Canadian imports, reviving protectionist strategies reminiscent of 1980s trade battles that could severely impact UK economic interests.

Trump threatens 25% tariffs on Canadian steel

Former President Donald Trump threatens to reignite trade tensions with a 25% tariff on Canadian steel, risking collateral damage to UK manufacturing and global supply chains.

UK economy stagnates with zero growth in April

Britain's economic growth flatlined at 0.0% in April, missing analyst forecasts and raising concerns about the strength of the recovery. Services and production sectors showed modest gains while construction output fell significantly.

Trump terminates Canada trade talks, Rubio confirms

In a dramatic diplomatic move, former President Donald Trump has ordered the complete cessation of all trade talks with Canada, with Senator Marco Rubio confirming the sudden breakdown in relations between the two neighbouring nations.

Trump terminates Canada trade talks, imposes tariffs

In a dramatic escalation of trade tensions, the Trump administration has abruptly terminated negotiations with Canada's Mark Carney and imposed sweeping new tariffs, sending shockwaves through international markets and diplomatic circles.

Trump revives Reagan-era Canada trade attack strategy

Donald Trump's campaign resurrects controversial 1980s trade attack ads targeting Canada, signalling potential return to aggressive protectionist policies that previously strained US-Canada relations.

Trump terminates Canada trade negotiations

Former President Donald Trump has dramatically pulled the plug on ongoing trade negotiations with Canada, dealing a significant blow to cross-border relations and raising concerns about future economic cooperation between the two nations.

Amazon Cloud Crisis Sparks UK Recession Fears

A catastrophic failure in Amazon Web Services has plunged businesses into chaos, with experts warning the widespread disruption could trigger a UK recession. Discover how the cloud computing collapse is affecting everything from banking to retail.

UK Economy Stagnates with Zero Growth in April

Shock Office for National Statistics data reveals zero growth in April 2024, handing incoming Chancellor Rachel Reeves immediate economic challenge days before taking office.

UK economy grows 0.6% in Q1 2024, beating forecasts

Britain's economy grows at fastest pace in over two years with 0.6% expansion, beating expectations and marking strong recovery from recession. Services sector leads growth while Chancellor celebrates 'brighter economic outlook'.

Dimon: Cockroaches Infesting Global Economy

JPMorgan Chase CEO Jamie Dimon delivers sobering economic forecast, warning of hidden vulnerabilities and market instability ahead. Discover what the banking titan means by 'cockroaches in the economy' and why investors should prepare for turbulence.

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