Sources: Sky News
The European Central Bank raises interest rates for the 10th time to mitigate high inflation amid concerns that higher borrowing costs could push the economy into a recession. 2023-09-14
France's GDP contracts 8.3% in 2020, the country's worst economic performance since World War II. 2021-01-29
The Brazilian economy officially enters a recession after the country's statistics institute reported a 9.7% decline of its gross domestic product (GDP) in the second quarter, which is the second consecutive quarter of a decline in its GDP. It is Brazil's largest quarterly drop since 1996. 2020-09-1
The Cabinet Office of Japan plans to declare that its economy has entered a recession after 71 months of growth. 2020-07-23
South Korea's economy enters recession after exports plunge to their lowest levels since 1963. 2020-07-22
The Turkish economy enters a recession for the first time since 2009 after the currency and debt crisis of 2018. 2019-03-11
The Eurozone moves out of 18 months of recession because of Germany and France. There was a growth rate of 0.3% in the June quarter. 2013-08-14
The combined economy of the 17 eurozone nations narrowly avoids a recession, largely due to relatively high economic growth in Germany. However, overall growth in the eurozone was zero in the first quarter of 2012. 2012-05-15
Stock markets in Asia and Australia fall on the back of a sharp decline in Wednesday's trading on the New York Stock Exchange. 2011-08-11
Stock markets in Asia, Australia, and the United States fall further after the credit rating of the United States is downgraded with the Dow Jones Industrial Average falling by over 634 points, 5.55%. 2011-08-8