Middle-east Arab News Opinion | Asharq Al-awsat

Recession | ASHARQ AL-AWSAT English Archive 2005 -2017
Select Page
Media ID: 55376704
Caption:

Finding and extracting oil is expensive. No wonder it’s slowed down. Photographer: Andrey Rudakov/Bloomberg


How This Economic Recovery Ends

How This Economic Recovery Ends

Every boom in the US economy is different, but over the past several decades, each has ended the same way. First you get full employment. Then you get a spike in the price of oil. And then there’s a recession. The US hit full employment in August 2015. And yet...
Media ID: 55364834
Caption:

ISIS fighters stand guard at a checkpoint in the northern Iraqi city of Mosul, June
11, 2014. REUTERS/Stringer


ISIS in One Year … between Expansion, Collapse

ISIS in One Year … between Expansion, Collapse

Rabat- On December 28, 2016, the Iraqi Forces kicked off the second phase of Mosul’s liberation after it was postponed many times for logistic and climate reasons. This extended operation came in coincidence with the joining of the Sultanate of Oman to the Saudi-led...
Media ID: 55351980
Caption:

New Petrobras CEO Parente takes the office


Media ID: 55338616
Caption:

A man looks at the stock price board showing the Japan’s benchmark Nikkei 225 index’s huge dive of 517.03 points, or 2.96 percent to 16,973.80 Monday, November 17, 2014 in Tokyo. (AP Photos)


Japan slides into recession as tax hike takes toll

Japan slides into recession as tax hike takes toll

Tokyo, AP—Japan’s economy unexpectedly slipped back into recession as housing and business investment dropped following a sales tax hike, hobbling its ability to help drive the global recovery. The world’s third-largest economy contracted at a 1.6 percent...
Media ID: 55304670
Caption:

(FILES) – Picture taken on November 8, 2012 shows Euro banknotes projected on a screen during a press conference following the meeting of the European Central Bank (ECB) Governing Council in Frankfurt am Main. The European Commission on June 5, 2013 gave Latvia a green light to join the 17-nation eurozone in January, saying the country had fulfilled the conditions to join the single currency. (AFP PHOTO / DANIEL ROLAND)