Iraq Bulletin

Tag : economic slowdown

Business

UN flags global economy operating near stagnation

iraqbulletin.co
NEW YORK: The global economy is experiencing a period of subdued economic performance marked by weak momentum and limited expansion, according to the latest assessment by the United Nations. The organisation said current conditions reflect an environment in which economic activity is restrained...
Business

Jobless claims surge, signaling U.S. economic slowdown

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Weekly jobless claims in the United States rose sharply to 241,000 for the week ending April 26, reflecting an increase of 18,000 from the prior week and exceeding expectations of 225,000. The figures, released by the U.S. Department of Labor,...
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France’s economic growth outlook downgraded to 0.7% for 2025

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The Banque de France has revised its economic forecast, lowering the country's gross domestic product (GDP) growth projection for 2025 to 0.7 percent, down from the 1.1 percent estimate made in December 2024. The French central bank announced the adjustment...
Featured News

Oil prices fall as Brent sinks 3% on US crude build and OPEC+ decision

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Brent crude prices declined nearly 3% on Wednesday, rebounding slightly from a three-year low as U.S. crude stockpiles rose more than expected, adding pressure on oil markets already grappling with OPEC+ plans to increase production and fresh U.S. tariffs on...