Archive List for GDP

BRICS expansion: Egypt, Iran, Saudi Arabia & UAE invited

Leaders of the BRICS alliance of five nations have invited another six countries to join. They are: Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates. The annual BRICS summit is being held in Johannesburg. The leaders of Brazil, India, China and South Africa are there, while Russia’s president is on video link from Moscow. The South African President made the expansion announcement. Al Jazeera’s Fahmida Miller joins us now from Johannesburg for the latest updates. Subscribe to our channel http://bit.ly/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/ Check out our Instagram page: https://www.instagram.com/aljazeeraenglish/ Download AJE Mobile App: https://aje.io/AJEMobile @AljazeeraEnglish #Aljazeeraenglish […]

China’s economy slows sharply, fanning global recession fears

China has recorded its slowest economic growth since 2020. The slump is being blamed on its zero-tolerance COVID-19 policy, which has interrupted industry and flattened consumer spending. Second-quarter GDP grew just 0.4 percent, compared to the same period last year. Economists warn the government’s full-year growth target of 5.5 percent is out of reach. Al Jazeera’s @Adrian Brown reports from Hong Kong. – 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 #Aljazeeraenglish #News #China #Economy #Recession #COVID19

The U.S. economy will ‘roll over very, very quickly’ in 2022: Economist

#inflation #BuildBackBetter #Biden Mizuho Americas Chief U.S. Economist Steven Ricchiuto joins Yahoo Finance’s Jared Blikre and Karina Mitchell to discuss COVID-19, the Build Back Better plan’s failure, inflation, and consumer confidence is weighing on the economic outlook in the U.S. Don’t Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get […]

El-Erian on the economy and coronavirus: It will be depend on whether people modify behavior

Mohamed El-Erian, chief economic adviser at Allianz, told Yahoo Finance’s On the Move Thursday that the recent economic data including second-quarter GDP and new data on weekly unemployment claims points to a “square-root” shaped recovery, with some leveling off now under way. “It is the square-root recovery in the sense that we came down very sharply, we saw that in today’s 32.9% annualized contraction in GDP that you mentioned,” El-Erian said. “We came back strongly initially — we saw that in last month’s jobs report and the initial improvement in jobless claims, and now we’re getting the leveling off.” “And that is of worry because not only do we have […]

Economist talks GDP, recession and depression, ‘These are numbers we haven’t seen since 1929’

Barclays Chief U.S. Economist Michael Gapen breaks down the first quarter GDP numbers and what the data means for the economic outlook. #GDP #recession #depression Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life. Connect with Yahoo Finance: Get the latest news: https://yhoo.it/2fGu5Bb Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz