Archive List for counting the cost

What lies ahead for the global economy in 2024? | Counting the Cost

A global recession was widely predicted in 2023, but major economies held firm, raising interest rates to control inflation. The United States’ economy expanded by 5.2 percent in the third quarter, the quickest pace in nearly two years. Food and fuel prices have come down. But inflation and high interest rates remain a major issue in many parts of the world. Meanwhile, China is grappling with deflation as prices continue to fall. How will slowing growth and demand there affect the rest of the world? We look at what lies ahead for the global economy in 2024. Subscribe to our channel http://bit.ly/AJSubscribe Follow us on Twitter https://twitter.com/AJEnglish Find us on […]

Russia’s economy begins to feel sanctions effect

Russians are only just starting to see the effect the war is having on their economy, as sanctions and international isolation begin to bite. From inflation to supply chain logistics, every corner of the economy will feel the effect. Al Jazeera’s @Bernard Smith has more from Moscow. – Subscribe to our channel: http://aje.io/AJSubscribe – Follow us on Twitter: https://twitter.com/AJEnglish – Find us on Facebook: https://www.facebook.com/aljazeera – Check our website: https://www.aljazeera.com/ #AlJazeeraEnglish #Russia #Economy