recession

The Hemline Index was a theory proposed in the book ‘The Economics of Fashion’ (1928) by Paul Nystrom. This western spectacle suggests that stock prices move in the same direction as the hemlines of women’s dresses, getting shorter in times of economic prosperity and longer in times of recession....

On the 28th of March, chief of the IMF, Kristalina Georgieva, referring to the global economy announced that it was “now clear that we have entered a recession.” Alongside this, the IMF predicted the economic repercussions of the coronavirus will far outlast the virus itself. Prospects of “waves of...

“Folks, we’re going to have a global economic collapse…because that’s precisely what we deserve for our ignorance. We deserve pain.” Those are the words of Jesse Colombo, economic analyst and contributor at Forbes magazine. Growing domestic bubbles and buckling emerging markets are the makings of an economic firestorm for...

UK unemployment has fallen by 97,000 in the last quarter of 2014. Unemployment now stands at 5.7% for the working population in the UK; the employment rate for those between 16 and 64 now stands at 73.2%- the highest rate since December 2004 to February 2005. Coupled with annual...