Global economy slows down

Cuba was receiving a third of its oil from Venezuela until a US operation removed Venezuelan President Nicolás Maduro, in January. No fuel had entered the country in three months and the capital, Havana, has seen blackouts of up to 15 hours a day.Protests in Cuba come as a reacti ...  Show more

The US-Israel war with Iran continues. The US military says it has "eliminated" 16 Iranian mine-laying ships in the area.Iran continues its strikes across the region, including in Saudi Arabia, the UAE, and Kuwait. People in Tehran have told BBC News Persian about heavy strikes a ...  Show more

The global economy is "perilously close to falling into recession", according to the latest forecast from the World Bank, as the impacts of the Ukraine war and Covid pandemic continue to be felt across the world. In fact, Pakistan and Sri Lanka are already struggling to keep thei ...  Show more

https://traffic.libsyn.com/secure/bizpod/BEN55-2024-Outlook.mp3 In this Business English News lesson on the economic outlook for 2024, we look at business English vocabulary related to the global economy and finance. At the start of every year, economists love to make predictions ...  Show more

The global economy is "perilously close to falling into recession", according to the latest forecast from the World Bank, as the impacts of the Ukraine war and Covid pandemic continue to be felt across the world. In fact, Pakistan and Sri Lanka are already struggling to keep thei ...  Show more

Oh today’s show we are talking about the current macro economic climate and provide a forecast for interest rates for the second half of this year. 

The fact is that we live in an interconnected world and the attempts by central bankers to look at the economic condition ...