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a man on a precipice

IMF warns of higher recession risk and darker global outlook

The bleak projections come as central banks around the world raise interest rates to tame inflation

Direction of stock market.opportunity time.buy and sell.change for chance.positive thinking

U.S. economy shrinks at 0.6% annual rate in Q2

The poor performance was the second consecutive quarter of economic contraction

growth in challenging times

Canadian economy grew slightly in July, StatsCan says

Some banks expect third-quarter growth of about 1%

Global GDP forecast slashed: Fitch

Recession now expected for Europe this year, U.S. in 2023

Canadian economic growth lags expectations in Q2; July estimate points to contraction

BoC still says economy’s overheated while real GDP rose 0.8% in Q2

U.S. economy shrank for second straight quarter in Q2

The economic contraction meets one informal sign of recession

Distorted economic data makes recession call more difficult, economist says

Economist forecasts a "storm" in economic data as we emerge from the pandemic

Canadian economy avoids contraction in May, economists expect continued slowdown

StatsCan estimates 4.6% Q2 growth; manufacturing and construction saw the largest declines in May

Canada Parliament and Canadian Flag over blue sky.

Canada could lower taxes and remain fiscally viable, says PBO

Report from the parliamentary budget officer also finds that Canada’s debt level is sustainable over the long term

U.S. GDP shrinks for second straight quarter

Even with the economy recording a second straight quarter of negative GDP, many economists do not regard it as constituting a recession