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Economic downturn News

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Local News

SJB Lawmaker Forecasts Economic Strain and Move Toward National Government.

May 19, 2026 at 9:31 AM

Opposition MP Sujeewa Senasinghe has warned of an impending economic downturn in Sri Lanka, projecting the US Dollar exchange rate could surpass Rs. 360 and suggesting a push for a national government within months.

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SJB Lawmaker Forecasts Economic Strain and Move Toward National Government
Image Credit : 30rates.com
Local News
Central Bank Governor Warns of Potential Downward Revision to Sri Lanka's Economic Growth Forecasts
Image Source : list.lk

Central Bank Governor Warns of Potential Downward Revision to Sri Lanka's Economic Growth Forecasts.

May 19, 2026 at 2:12 AM
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Economy
IMF Warns of Economic Stagnation in Africa Due to Regional Conflict in the Middle East
Image Source : en.wikipedia.org

IMF Warns of Economic Stagnation in Africa Due to Regional Conflict in the Middle East.

May 4, 2026 at 5:25 AM
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Economy
Navigating Turbulence: How Global Central Banks Are Managing the New Energy Price Surge
Image Source : ecmarkets.com

Navigating Turbulence: How Global Central Banks Are Managing the New Energy Price Surge.

May 2, 2026 at 10:12 PM
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Escalating War and Economic Collapse: Inside Iran’s Deepening Financial Crisis
Image Source : businessinsider.com
Middle East•
May 2, 2026 at 5:12 PM

Escalating War and Economic Collapse: Inside Iran’s Deepening Financial Crisis.

Iran is grappling with a severe economic downturn characterized by hyperinflation, a record-low currency, and mass unemployment as the ongoing conflict with the US and Israel cripples national infrastructure.

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Finance

Renowned Economist Gary Shilling Warns of Impending US Recession and Market Correction.

May 2, 2026 at 9:27 AM

Veteran economist Gary Shilling predicts a looming US recession and a potential 30% drop in the S&P 500, citing inflated valuations and weakening consumer spending as primary risks.

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Renowned Economist Gary Shilling Warns of Impending US Recession and Market Correction
Image Credit : businessinsider.com
Economy

US Economic Growth Accelerates in Q1 2026 Amid Geopolitical Headwinds.

The US economy saw a real GDP growth of 2% in Q1 2026, marking a recovery from the previous quarter, despite pressures from inflation, rising energy costs linked to the Iran conflict, and a fluctuating labor market.

April 30, 2026 at 12:41 PM
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United States
US Housing Market Faces Ongoing Stagnation Amid Geopolitical Instability
Image Source : businessinsider.com

US Housing Market Faces Ongoing Stagnation Amid Geopolitical Instability.

April 29, 2026 at 8:30 AM
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Economy

UK Corporate Sector Facing Escalating Financial Instability Amid Economic Pressures.

New data reveals a 36.9% spike in UK firms facing 'critical financial distress,' driven by rising operational costs, geopolitical tensions, and weakened consumer spending.

April 29, 2026 at 6:13 AM
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U.S. Economic Activity Shows Resilience Amidst Persistent Inflationary Pressures
Image Source : ft.com
Economy•
April 23, 2026 at 1:57 PM

U.S. Economic Activity Shows Resilience Amidst Persistent Inflationary Pressures.

The U.S. economy is demonstrating continued growth in business activity, although recent data indicates that inflation has reached its highest level since 2022, signaling ongoing challenges for price stability.

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Economy

Eurozone Economic Activity Contracts Amid Escalating Geopolitical Tensions.

April 23, 2026 at 8:06 AM

The Eurozone private sector has entered a contraction phase for the first time since late 2024, as the services sector falters under the weight of the ongoing Iran war and its impact on consumer sentiment.

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Economy
UK Economic Stability Threatened: Conflict in Iran Forecasted to Spark Major Job Losses
Image Source : independent.co.uk

UK Economic Stability Threatened: Conflict in Iran Forecasted to Spark Major Job Losses.

April 21, 2026 at 6:27 AM
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Economy

Escalating Economic Crisis in Asia Following Iranian Conflict Disruptions.

The conflict in Iran has triggered severe economic disruptions across the Asia-Pacific region, causing supply chain bottlenecks, surging inflation, and the threat of widespread recession.

April 20, 2026 at 10:42 PM
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Local News

Beyond the 2022 Crisis: Analyzing Sri Lanka’s Structural Economic Shift.

This analysis explores the often-overlooked 'long recession' that preceded Sri Lanka's 2022 crisis, starting as early as 2018, and examines the structural adjustments needed to ensure sustainable post-recovery growth.

April 18, 2026 at 10:21 PM
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Global Economic Turmoil: Analyzing the Financial Impact of the Iran Conflict
Image Source : weforum.org
Economy•
April 18, 2026 at 7:54 PM

Global Economic Turmoil: Analyzing the Financial Impact of the Iran Conflict.

Economist Mariana Mazzucato discusses the global economic fallout from the Iran war, highlighting record-breaking oil supply disruptions, soaring energy costs, and the debate over fossil fuel dependency versus a green industrial strategy.

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Economy

Escalating Global Conflicts and Their Deepening Impact on the World Economy.

April 16, 2026 at 8:03 PM

Recent surges in global conflicts, particularly in the Middle East and Europe, are imposing significant macroeconomic burdens, leading to output losses, rising defense spending, and shifted policy priorities worldwide.

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Escalating Global Conflicts and Their Deepening Impact on the World Economy
Image Credit : globalissues.org
Finance
Understanding the Yield Curve Warning: Is a Recession on the Horizon?
Image Source : blackrock.com

Understanding the Yield Curve Warning: Is a Recession on the Horizon?.

April 16, 2026 at 5:14 PM
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Economy

Fitch Downgrades Turkey's Economic Outlook Amid Regional Tensions.

Fitch Ratings has downgraded Turkey's economic outlook from 'positive' to 'stable,' citing significant risks from regional geopolitical tensions, particularly the Iran conflict, alongside persistent domestic challenges like high inflation and shrinking foreign reserves.

April 16, 2026 at 3:45 PM
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Brazil
Brazil's Economic Activity Surpasses Expectations Amid Tight Monetary Policy
Image Source : valorinternational.globo.com

Brazil's Economic Activity Surpasses Expectations Amid Tight Monetary Policy.

April 16, 2026 at 12:34 PM
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Economy•
April 16, 2026 at 10:03 AM

China's Economy Outperforms Expectations Amid Global Instability.

Despite significant global challenges and geopolitical tensions, China's economy recorded a faster-than-anticipated expansion in the first quarter of 2026, showcasing surprising structural resilience.

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