economy

Russia ‘on the verge of going right into a recession,’ financial system minister warns – Nationwide

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Russia ‘on the verge of going right into a recession,’ financial system minister warns – Nationwide

Russia’s economy is on the verge of sliding into recession and monetary policy decisions will now determine whether it falls into one or not, Economy Minister Maxim Reshetnikov warned on Thursday. Reshetnikov delivered the downbeat message at Russia’s annual showcase economic forum in the northern Russian city of St Petersburg, an event sometimes called “the Russian Davos” which is meant … Read more

Virginia’s trailblazing candidates for governor put together to battle over the financial system, abortion and Trump

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Virginia’s trailblazing candidates for governor put together to battle over the financial system, abortion and Trump

Tuesday is primary day in Virginia — but the general election matchup for the commonwealth’s highest office is already set. Democrat Abigail Spanberger, a former U.S. representative, and Republican Winsome Earle-Sears, the state’s lieutenant governor, have known for months that they would face off against each other in the race to succeed Republican Gov. Glenn … Read more

New ballot reveals Trump approval underwater attributable to low marks on the financial system

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New ballot reveals Trump approval underwater attributable to low marks on the financial system

IE 11 is not supported. For an optimal experience visit our site on another browser. Sen. Amy Klobuchar remembers slain Minnesota Rep. Melissa Hortman: Full interview 09:31 Sen. Rand Paul says he’s ‘not an absolute no’ on Trump agenda bill 01:54 Sen. Adam Schiff: Trump’s decision to deploy Marines to LA is ‘terrible abuse of … Read more

Trump’s funding claims – are tariffs boosting the US financial system?

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Trump’s funding claims – are tariffs boosting the US financial system?

Getty Images US President Donald Trump may have called tariffs his favourite word in the dictionary. But when it comes to obsessions, business investment has got to be close. As of last month, he said more than $12 trillion (£8.8tn) had been “practically committed” on his watch. “Nobody’s ever seen numbers like we have,” he … Read more

UK economic system shrank sharply in April as Trump tariffs kicked in

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UK economic system shrank sharply in April as Trump tariffs kicked in

U.S. President Donald Trump \with British Prime Minister Keir Starmer in the Oval Office at the White House in Washington, D.C., U.S., on Feb. 27, 2025. Kevin Lamarque | Reuters The U.K. economy shrank sharply in April as global trade tariffs and domestic tax rises kicked in, data showed Thursday. The latest monthly growth figures … Read more

Non-G7 leaders set to deal with local weather, economic system and safety at summit – Nationwide

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Non-G7 leaders set to deal with local weather, economic system and safety at summit – Nationwide

Canada is bringing the world to Alberta for the G7 leaders summit in Kananaskis. As summit host, Prime Minister Mark Carney can invite any leaders he chooses — even those from countries outside the G7 club — as he attempts to shape Canada’s foreign policy and global geopolitics. When asked on June 7 to explain … Read more

JPMorgan’s Jamie Dimon warns U.S. financial system might quickly ‘deteriorate’

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JPMorgan’s Jamie Dimon warns U.S. financial system might quickly ‘deteriorate’

The impacts of the pandemic-era government spending and monetary policy that helped support the U.S. economy have faded, and that makes the country vulnerable to a downturn in the coming months, according to JPMorgan Chase CEO Jamie Dimon. “I think there’s a chance real numbers will deteriorate soon,” Dimon said at a Morgan Stanley conference … Read more