NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along. Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. For each, it would be the second straight quarter that’s happened, which fits one lay definition...
Category: World
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Recession Has Struck Some of the World’s Top Economies. the US Keeps Defying Expectations
NEW YORK (AP) — As some of the world’s biggest economies stumble into recession, the United States keeps chugging along. Both Japan and the United Kingdom said Thursday their economies likely weakened during the final three months of 2023. For each, it would be the second straight quarter that’s happened, which fits one lay definition...
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Germany overtakes Japan as third-biggest economy
Once forecast to become the world’s biggest economy, Japan slipped below Germany last year to fourth place, official data showed Thursday, although India is projected to leapfrog both later this decade. Despite growing 1.9%, Japan’s nominal 2023 gross domestic product in dollar terms was $4.2 trillion, government data showed, compared with $4.5 trillion for Germany,...
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ISA World Surfing Games 2024: Preview, schedule, top surfers competing, and how to watch the final Paris 2024 qualifier live
ISA World Surfing Games 2024: From Puerto Rico to Paris 2024 Fourteen individual quotas for Paris 2024 are on the line at the competition – six for men and eight for women. Another 28 individual quotas were allocated earlier through the 2023 ISA World Surfing Games, 2023 WSL Championship Tour, and the 2023 Pan American...
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Top 10 world news: Israel storms Gaza hospital, Trump hush money case latest, and more
Israeli troops on Thursday (Feb 15) stormed Nasser Hospital in southern Gaza city of Khan Younis after claiming of ‘credible intelligence’ that Hamas held Israeli hostages there. Hamas has denied the allegation. In other news, Supreme Court of India struck down the so-called ‘electoral bonds’ in the country. Meanwhile, a New York judge has set...
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Here’s The List Of Top 10 Richest Countries In 2024 As Per GDP Per Capita
In 2024, Luxembourg is the world’s wealthiest nation by GDP per capita. Gross Domestic Product (GDP) is used to evaluate the economic prosperity of nations and their citizens globally. However, GDP is a parameter for the value of all goods and services produced in a country within a specified timeframe, typically annually or quarterly. In...
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UK economy slips into recession; Japan loses third-largest economy title | World News – Business Standard
British PM Rishi Sunak during the first meeting of his Business Council inside 10 Downing Street, London, February 14, 2024. (Reuters Photo) The economy of the United Kingdom sank into recession in the latter half of last year, giving a major blow to Prime Minister Rishi Sunak, who had promised to bring the economy on...
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India biggest US partner in South Asia, says American official
Afreen Akhter, Deputy Assistant Secretary in the Bureau of South and Central Asian Affairs (SCA), told this at a news conference organised by the Washington Foreign Press Center. HT Image “With India, which of course is our biggest partner in South Asia, we launched in January of last year the US-India Initiative on Critical and...
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Japan slips to the world’s fourth-largest economy, behind the US, China and now Germany
The International Monetary Fund had forecast Japan’s fall to fourth. | Photo Credit: AFP Japan has slipped to the world’s fourth-largest economy as government data released on January 15 showed it fell behind the size of Germany’s in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the...
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Japan slips to the world’s fourth-largest economy, behind the US, China and now Germany
TOKYO (AP) — Japan has slipped to the world’s fourth-largest economy as government data released Thursday showed it fell behind the size of Germany’s in 2023. The numbers highlight how the Japanese economy has gradually lost its competitiveness and productivity while the population shrinks as Japanese people age and have fewer children, analysts say. Japan...
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Japan slips into a recession and loses its spot as the world’s third-largest economy
TOKYO — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according to Cabinet Office data on real GDP released Thursday, though it grew 1.9% for all of...
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Japan slips into a recession and loses its spot as the world’s third-largest economy
TOKYO — Japan’s economy is now the world’s fourth-largest after it contracted in the last quarter of 2023 and fell behind Germany. The government reported the economy shrank at an annual rate of 0.4% in October to December, according to Cabinet Office data on real GDP released Thursday, though it grew 1.9% for all of...