German institutes see recession, cut growth forecasts for 2019, 2020 Reuters•September 11, 2019 BERLIN, Sept 11 (Reuters) – The German economy will slide into a recession in the current quarter, the Kiel Institute for the World Economy (IfW) said on Wednesday as it slashed its growth forecasts for […]
U.K. Warns of Sweeping Risk of Chaos From No-Deal: Brexit Update Robert Hutton, Alex Morales and Tim Ross Bloomberg•September 11, 2019 The U.K. published warnings of disruption to trade, financial services and food supplies if it leaves the European Union without a deal on Oct. 31. The document, […]
The US deficit topped $1 trillion. The year’s not even over yet By Donna Borak, CNN Business Updated 3:26 PM ET, Thu September 12, 2019 Washington (CNN Business) The US budget deficit widened to $1.067 trillion for the first 11 months of the fiscal year, an increase of 19% over […]
Economic Collapse: UK lurches towards recession as dominant services sector stalls: ‘It’s clinging on by its fingertips’ Economy on course to shrink for second consecutive quarter amid rising Brexit worries, surveys indicate Chris Baynes Wednesday 4 September 2019. The Independent. Britain is on course for its first recession since the 2008 financial […]
Economic Collapse: Farm loan delinquencies surge in Wisconsin Jason Lange, P.J. Huffstutter SEPTEMBER 5, 2019 Reuters WASHINGTON/CHICAGO (Reuters) – Farm loan delinquencies rose to a record high in June at Wisconsin’s community banks, data showed on Thursday, a sign President Donald Trump’s trade conflicts with China and other countries […]
Economic Collapse: China’s August imports from US fall 22.5% Associated Press•September 8, 2019 BEIJING (AP) — The Latest on China’s trade data (all times local): 1:05 p.m. China has reported that August imports from US fall 22.5% amid a tariff war with Washington, while exports to US fall […]
Economic Collapse: China’s factory prices fall faster as weak demand hits economy AFP•September 9, 2019 Beijing (AFP) – The prices Chinese firms pay factories for their goods fell last month at the fastest pace in three years, official data showed Tuesday, as slackening demand and the bruising US […]
Economic Collapse: Are We Near a Recession? The Godfather of the Inverted Yield Curve Says It’s ‘Code Red’ By Lucinda Shen September 9, 2019 FORTUNE Is the U.S. nearing a recession? It’s the multi-trillion dollar question on the minds of executives and investors around the world. The inverted yield […]
Economic Collapse: Shop closures hit record levels in the UK The Telegraph. September 11, 2019 Shops are shutting at a rate of up to 16 a day across the country, with closures hitting record levels as the crisis engulfing the high street escalates. The first half of this year saw […]
The world is fast approaching a “climate apartheid” where only the wealthy can afford basic food resources in the face of fatal droughts, famine and heatwaves, while the rest of the world suffers. Revelation 6:5-6 And when he had opened the third seal, I heard the third beast say, […]
