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June 26, 2025

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Recession

Trump downplays recession as ‘transition period’
Trump downplays recession as ‘transition period’

He makes these comments amid waning public approval of his performance in office

Dollar poised for third weekly gain
Dollar poised for third weekly gain

The dollar, US Treasuries and shares have bounced from steep declines last month as Trump's erratic tariff policies drove fears of a recession

Dollar falls as prospect of tariff talks calms markets
Dollar falls as prospect of tariff talks calms markets

However, investors remain concerned about the potential for a global recession

China stocks sink on trade war fears
China stocks sink on trade war fears

Hong Kong's Hang Seng index slumped about 9% with tech, solar, banking and online retailers' shares plunging as investors pull out of anything linked to global growth and trade

Shares bruised, dollar crumbles on recession fears
Shares bruised, dollar crumbles on recession fears

Safe-haven assets rise; gold near record high, dollar weakens

No recession expected despite tariff worries: IMF's Georgieva
No recession expected despite tariff worries: IMF's Georgieva

The IMF will likely lower the economic outlook slightly in its next World Economic Outlook update in about three weeks, but "we don't see recession on the horizon," Georgieva said

Greek tragedy no longer a myth
Greek tragedy no longer a myth

VAT: A regressive tax
VAT: A regressive tax

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