Money Talks

UK slips into recession for the first time in 11 years | Money Talks

The coronavirus crisis has plunged the UK into its worst recession on record. Gross domestic product fell by 20.4% in the second quarter of the year, the biggest quarterly decline since records began in 1955. The figures leave the UK second only to Spain in economic suffering from the virus. But, as Sarah Morice explains, the data is retrospective and the UK is already showing signs of recovery. For more, we were joined by Denis MacShane in London. He's the UK's former minister of Europe and former Member of Parliament for Rotherham. He's also the author of 'Brexit No Exit. Why Britain (in the end) Won't Leave Europe'. #Recession #UKeconomy #GDP

Coronavirus plunges UK into its worst recession on record

Coronavirus plunges UK into its worst recession on record

US economy takes biggest hit since Great Recession

US economy takes biggest hit since Great Recession

Countries are under pressure to reopen their economies

Countries are under pressure to reopen their economies

Coronavirus pushes Japan towards worst post-war slump | Money Talks

Coronavirus pushes Japan towards worst post-war slump | Money Talks

US consumers get relief as inflation moderates in July

US consumers get relief as inflation moderates in July

OPEC+ oil cartel missed daily production target in July

OPEC+ oil cartel missed daily production target in July

US consumer prices rose 8.5% in July, down from June's 9.1%

US consumer prices rose 8.5% in July, down from June's 9.1%

China inflation accelerated to two-year high of 2.7% in July

China inflation accelerated to two-year high of 2.7% in July

Meme-stock rally returns to Wall Street, lifting struggling firms

Meme-stock rally returns to Wall Street, lifting struggling firms

Crude oil, natural gas prices slump as investors fear recession

Crude oil, natural gas prices slump as investors fear recession

Market Movers: Sharing economy, e-commerce earnings

Market Movers: Sharing economy, e-commerce earnings

China gives green light to driverless taxis

China gives green light to driverless taxis

Turkish hazelnut pickers celebrate start of fruitful harvest season

Turkish hazelnut pickers celebrate start of fruitful harvest season

India's 5G spectrum auction attracts $19B in bids

India's 5G spectrum auction attracts $19B in bids

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

OPEC+ hikes output by 100,000 barrels a day, equivalent to 0.1% of global consumption

Oil prices extend losses on demand worries

Oil prices extend losses on demand worries

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