Sources: Sky News
The Netherlands statistics office reports that the country has entered a recession after the economy declined by 0.3% in the second quarter with exports and household spending falling despite rising interest rates that were intended to lower inflation. 2023-08-16
The economy of Russia enters a recession, after gross domestic product decreased by four percent in the third quarter. 2022-11-16
The Philippines' GDP contracts 9.5% in 2020, its first annual contraction since 1998 following the 1997 Asian financial crisis and the country's worst economic performance since records began in 1947. 2021-01-28
The economy officially enters a recession for the first time since 1991 after the Bureau of Statistics reports a 7% decline in GDP over the second quarter, the largest fall since records began in 1959. 2020-09-2
India's economy contracts by 23.9% in the April–June quarter, the country's worst recession on record since the government started releasing quarterly data in 1996. The lockdown caused massive disruptions to economic activity during the quarter. 2020-08-31
Italy's economy falls into recession for the third time in a decade after declining GDP growth in late 2018. Italian Prime Minister Giuseppe Conte blames the recession on external factors, including trade tensions between the United States and China. 2019-01-31
Asian stock markets open lower following the fall in the Dow Jones amid speculations about the Federal Reserve's target interest rates. 2016-09-12
The eurozone slides into deeper recession, making 2012 the first year with no growth in any quarter since tracking began in 1995. Economic experts, who had not expected this, say that 2013's "early indicators are all pointing upwards". 2013-02-14
Global stock markets fall for a second day amid fears of a deepening economic crisis. 2011-09-23
Uncertainty in Libya leads to falls in world stock markets and increases in crude oil prices. 2011-02-22