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News Ticker
  • [ May 12, 2026 ] Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States Economic News
  • [ May 8, 2026 ] Egypt’s Inflation Slows — But Economic Pressures Are Still Building Economic News
  • [ May 5, 2026 ] South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment? Economic News
  • [ April 27, 2026 ] Beef Prices Hit Record Highs: A Classic Case of Supply and Demand Economic News
  • [ April 24, 2026 ] AI in Banking: Boosting Profits but Cutting Jobs Economic News
HomeRECESSION

RECESSION

Pound on a high as over 20% of the UK gets vaccinated
Balance of Payments

Pound on a high as over 20% of the UK gets vaccinated

February 16, 2021 TheCuriousEconomist Comments Off on Pound on a high as over 20% of the UK gets vaccinated

With over 15 million people having now received their first of two Covid-19 jabs, there appears to be a rising sense of optimism in the UK economy. This has resulted in the pound hitting its […]

South Korea’s economy is outperforming all other OECD members. Here’s why.
Aggregate Demand and Supply

South Korea’s economy is outperforming all other OECD members. Here’s why.

August 28, 2020 TheCuriousEconomist Comments Off on South Korea’s economy is outperforming all other OECD members. Here’s why.

According to the latest research on the economic impact of Covid-19, the OECD has announced that the South Korean economy is likely to “only” shrink by -0.8% this year.  Whilst all negative GDP growth is […]

an image to show the global economic impact of covid 19
Aggregate Demand and Supply

UK hit the hardest amongst the world’s largest economies

August 14, 2020 TheCuriousEconomist Comments Off on UK hit the hardest amongst the world’s largest economies

The results are out for the economic impact that Covid-19 has had on the world’s major economies in the first six months of the year… and unsurprisingly, they are showing unprecedented levels of global economic […]

The global economic impact of Covid-19
Aggregate Demand and Supply

IMF announces that the economic woes of 2020 are likely to be even worse than expected!

June 30, 2020 TheCuriousEconomist Comments Off on IMF announces that the economic woes of 2020 are likely to be even worse than expected!

As Covid-19 shows no sign of abating, the damage it has caused to the global economy continues to grow. As a result, the IMF is now predicting a global economic contraction of almost 5% this […]

Australia in recession
Aggregate Demand and Supply

An economy down under: Australia facing the prospect of a deep recession

June 5, 2020 TheCuriousEconomist Comments Off on An economy down under: Australia facing the prospect of a deep recession

Josh Frydenberg, the Australian Treasurer, announced on Wednesday that the economy is likely to have shrunk by as much as 9% from April to June. This further decline in size, following a 0.3% contraction in […]

an image of a worker in India with a facemark on during Covid-19
Aggregate Demand and Supply

Indian economy to shrink for the first time in forty years

May 25, 2020 TheCuriousEconomist Comments Off on Indian economy to shrink for the first time in forty years

Whilst India was initially praised for their response to the Covid-19 crisis by organising a mass lockdown that effectively took 1.3 billion people off the streets, the subsequent effect on their economy will be severe. […]

an image to show the extent of the global corona-crisis: world economy set to shrink by 3% in 2020
Aggregate Demand and Supply

The extent of the global corona-crisis: world economy set to shrink by 3% in 2020

April 15, 2020 TheCuriousEconomist Comments Off on The extent of the global corona-crisis: world economy set to shrink by 3% in 2020

According to the IMF, the world economy is predicted to experience negative economic growth of -3% this year. This projection comes after the IMF released their latest world economic outlook report  a survey which is usually […]

an image of Paris as France enters recession
Aggregate Demand and Supply

Coronavirus plunges the French economy into recession

April 12, 2020 TheCuriousEconomist Comments Off on Coronavirus plunges the French economy into recession

The economic fallout from the spread of the deadly coronavirus around the world has been unprecedented. In this age of globalisation and economic interdependence, no economy is able to escape the consequences as demand dries […]

Consumer and Business Behaviour

Is Argentina the best place to buy a house this year?

February 9, 2020 TheCuriousEconomist Comments Off on Is Argentina the best place to buy a house this year?

For the last two years, a dark cloud has been over Argentina as they contend with a serious economic crisis. The South American Country, and third largest economy on the continent, has been in a […]

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Recent Posts

  • Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States
  • Egypt’s Inflation Slows — But Economic Pressures Are Still Building
  • South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?
  • Beef Prices Hit Record Highs: A Classic Case of Supply and Demand
  • AI in Banking: Boosting Profits but Cutting Jobs
  • Why Air Fares Are Soaring: Conflict, Fuel Prices and Supply Constraints Explained
  • Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability
  • China Posts Record Trade Surplus Despite Tariffs
  • Mexico Imposes 156% Sugar Import Tariff to Protect Domestic Producers
  • Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

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Most Read Articles.

Balance of Payments

Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

February 7, 2020 Comments Off on Kenya and the US look set to sign a free-trade deal despite Trump’s attacks on global trade

Under President Trump, the US stance towards global trade has become increasingly protectionist, with billions of dollars of tariffs placed on goods from countries all over the world, engagement in a devastating trade war with […]

Rishi Sunak
Aggregate Demand and Supply

UK government to step in and pay people’s wages

March 21, 2020 Comments Off on UK government to step in and pay people’s wages

In yet another unbelievable day of economic policy in action, the chancellor of the exchequer, Rishi Sunak, announced yesterday the latest measures to protect people’s income, keep businesses alive, and encourage spending in the economy.  […]

an image of currency in Saudi Arabia when they announced a 10% increase in VAT
Consumer and Business Behaviour

VAT to be tripled in Saudi Arabia to 15%

May 11, 2020 Comments Off on VAT to be tripled in Saudi Arabia to 15%

Saudi Arabia, the second largest oil producing nation in the world, has for the last few years been trying desperately to diversify its economy and reduce their dependence on the export of oil. Despite being […]

Economic News

China makes pledge to be ‘carbon neutral’ by 2060

October 20, 2020 Comments Off on China makes pledge to be ‘carbon neutral’ by 2060

In what some commentators are calling a bold and audacious pledge, President Xi announced to the UN that China will be carbon neutral by the year 2060. That gives the world’s second largest economy, and […]

Aggregate Demand and Supply

Dark days for the UK economy…

September 29, 2022 Comments Off on Dark days for the UK economy…

The UK economy has been plunged into economic turmoil since the announcement of the mini-budget last week.  Since the new chancellor, Kwasi Kwarteng, announced the largest tax cuts in 50 years the economy seems to […]

Keep Curious.

Consumer and Business Behaviour

Utah’s Social Media Laws: Will They Protect or Harm Kids?

March 27, 2023 Comments Off on Utah’s Social Media Laws: Will They Protect or Harm Kids?

Utah has just passed some sweeping legislation aimed at protecting children and teens from the negative effects of social media. It’s a really ambitious attempt to tackle some of the issues around addiction, mental health […]

Consumer and Business Behaviour

Starbucks to launch the Oleato… coffee with olive oil!

February 27, 2023 Comments Off on Starbucks to launch the Oleato… coffee with olive oil!

Milk and sugar in your coffee? Pretty normal… How about some olive oil? Not so much! Well that is exactly what Starbucks are offering in their latest line of beverages! The coffee giant, with over […]

Consumer and Business Behaviour

Elon Musk, AKA Chief Twit, has bought Twitter for $44 billion

October 28, 2022 Comments Off on Elon Musk, AKA Chief Twit, has bought Twitter for $44 billion

Elon Musk has officially become the owner of Twitter, or Chief Twit as he likes to call himself, after completing a $44 billion buyout.  The world’s richest man began his interest in Twitter earlier in […]

SGD News.

Economic News

Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

May 12, 2026 Comments Off on Rising Fuel Prices Create a ‘K-Shaped Economy’ in the United States

As petrol prices continue to rise in the United States, not all consumers are feeling the impact equally. New research from the Federal Reserve of New York shows that lower-income households are cutting back sharply […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

August 13, 2025 Comments Off on BP’s Brazil Oil Find Tests the Trade-Offs Between Growth and Sustainability

BP has announced its largest oil and gas discovery in a quarter of a century, this time in deep waters off Brazil. The “Bumerangue” field could become a major new production hub and marks BP’s […]

Policy Spotlight.

Economic News

South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

May 5, 2026 Comments Off on South Korea’s ‘Youth New Deal’: Can Government Intervention Fix Youth Unemployment?

South Korea has launched a major new policy, the “Youth New Deal,” aimed at tackling rising youth unemployment. Despite overall employment increasing, the proportion of young people (aged 15–29) in work has fallen to 43.5%, […]

Economic News

Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

January 19, 2026 Comments Off on Luxembourg Cuts Upfront Costs to Encourage Solar Energy and Sustainability

Luxembourg has introduced a new solar subsidy scheme designed to accelerate the transition to renewable energy by reducing the upfront costs faced by households. Under the new pre-financing system, which came into force on January […]

Economic News

Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

November 11, 2025 Comments Off on Freeze the Rent: Zohran Mamdani’s Bold Bet on Price Controls — An Economist’s Dream or Nightmare?

New York City has a new mayor, and his signature promise fits on a protest sign: Freeze the Rent. Zohran Mamdani, a democratic socialist and former state assembly member from Queens, swept into office by […]

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