Sources: Sky News
The German government cuts its economic growth forecast to zero, with the Deutsche Bundesbank estimating a future recession. Minister of Economic Affairs Robert Habeck accuses U.S. President Donald Trump's Liberation Day tariffs of being the primary reason for Germany's continued economic crisis. 2025-04-25
The Handelsblatt Research Institute reports that the German economy is in its "greatest crisis in post-war history" after projecting that the economy will enter its third year of recession in 2025 with a 0.1% contraction, following a 0.3% contraction in both 2023 and 2024. 2025-01-2
The economy of Russia enters a recession, after gross domestic product decreased by four percent in the third quarter. 2022-11-16
The United States enters a technical recession after its economy shrank for the 2nd consecutive quarter. 2022-07-28
Chair of the Federal Reserve Jerome Powell says U.S. economic recovery from the recession could take until the end of 2021. 2020-05-17
The Hong Kong economy enters into a recession, as a result of continuous protests from the past five months. 2019-10-27
The Japanese economy goes into recession for the second time since the election of Prime Minister Shinzo Abe. 2015-11-16
The United States stock market undergoes a flash crash (similar to 2010) of 1 percent when the Twitter feed from the Associated Press news agency is hacked and erroneously states that several explosions have injured President Barack Obama. 2013-04-23
Japan's stock market index, the Nikkei 225, hits its highest level in almost five years, after a Bank of Japan stimulus plan raises hope of economic revival. 2013-04-5
Global stock markets fall for a second day amid fears of a deepening economic crisis. 2011-09-23