economic-crisis
Top StoriesDoing Nothing Not an Option, German Liberals Tell Coalition Allies
Top StoriesGerman Home Prices Tumble Amid Property Rout
Top StoriesGerman Recession Will Be Sharper Than Expected: Ifo
FinanceRepercussions of a Recession: Financial Sector Predictions for 2023
EU Meets to Try to Break Gas Price Cap Impasse
Date: December 13, 2022
By Kate Abnett, Gabriela Baczynska and Benoit Van Overstraeten BRUSSELS (Reuters) -European Union energy ministers meeting in Brussels on Tuesday struggled to agree on a bloc-wide cap on gas prices after months of infighting over whether the measure can ease Europe’s energy crisis. Responding to repeated requests from some countries, the European Commission proposed a...
Struggling Online Merchants Invest in Payment Solutions to Retain Customers Through Recession
Date: December 8, 2022
Half of UK online retailers are worried about surviving the next 12 months as recession looms More abandoned baskets, lower value orders and fewer repeat customers are expected or already being experienced Retailers are cutting costs across the board to stay afloat, including reducing staff and reducing costs associated with payments Investing in low-cost, low-fraud...
Could Renegotiating Contracts Be the Key to Survival During the ‘cost of Doing Business Crisis’?
Date: November 29, 2022
By Matthew Sutton, commercial partner at law firm, Shakespeare Martineau. Businesses across the UK are facing spiralling costs due to the volatile economic climate. Rising interest rates, energy bills and a shortage of labour are all having a detrimental impact in many business sectors. For those organisations about to face a bitter winter, could looking...
Factbox-Strikes, Protests in Europe Over Cost of Living and Pay
Date: November 7, 2022
(Reuters) – European countries are facing strikes and protests due to high energy prices and mounting costs of living. Here are details of some industrial actions and demonstrations. BRITAIN * Nurses in Britain will go on strike, the Royal College of Nursing (RCN) said on Nov. 5, adding that its members had faced a decade...
Why Good Businesses Shouldn’t Fear Recession
Date: November 4, 2022
By David Kean, author of three international best-selling books: Catalyst – using personal chemistry to convert contacts into contracts (Piatkus 2021), How to win friends & influence profits (Marshall Cavendish 2009), and How not to come second (Cyan 2006). “The marriage of imaginative flair for business creativity and the diligent application of process is a match made in...
Global Jobs Growth Will ‘deteriorate Significantly’ This Quarter – Ilo
Date: October 31, 2022
By Emma Farge GENEVA (Reuters) – Global employment growth will “deteriorate significantly” this quarter, hit by the economic turmoil caused by the Ukraine war and by the impact of tighter monetary policy on consumption, the International Labour Organization (ILO) said on Monday, There are already signs that a recovery in global hours worked that was...