Port-au-Prince, Aug 10 (Prensa Latina) Haitian government on Thursday forecast a fifth year of economic recession in a row, reporting a 0.4% negative growth rate, according to the framework letter for the 2023-2024 budget project.
London, Dec 26 (Prensa Latina) The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to shrink, according to the Center for Economic and Business Research (CEBR).
Washington, Nov 9 (Prensa Latina) The Federal Reserve's fight to lower inflation "may lead to a downturn" as the central bank's interest rate increases are "challenged" by still-high consumer savings, still-tight labor markets and ongoing supply problems, Richmond Fed President Thomas Barkin said on Wednesday.
Washington, Jul 28 (Prensa-Latina) The US Gross Domestic Product (GDP) dropped by 0.2% in the second quarter, after a 0.4% decline in the first, fueling fears that a recession may have already begun, the Bureau of Economic Analysis reported.
Port-au-Prince, Oct 6 (Prensa Latina) Financier Kesner Pharel estimates that Haiti might be heading for its fourth consecutive year of economic contraction if political leaders are unable to reach an agreement.
Port-au-Prince, Sep 10 (Prensa Latina) The Government of Haiti expects to reach an agreement to build governance amid the multiple crises the country is currently experiencing, after the president's assassination, the economic recession and the recent earthquake.