A third contraction in 2025 would mark a historically long down-run for Europe's largest economy

The conservative coalition government defended its "respect for taxpayers' money" as the opposition accused it of feeding a "recessionary fire".

The global economy is forecast to grow 2.9% this year, according to a Reuters poll published on Friday, with next year's growth seen slowing to 2.6%.

Bangladesh is going through a period of economic slowdown and this weakening of the economy will be looming large for the entire period of 2023. The biggest problem for the common people now is inflation. It has increased the living cost and decreased the actual income.

Bangladesh's export sector showed its prowess in 2022 despite the devastating Russia-Ukraine war, unprecedented freight costs, energy crisis, record inflation and a risk of a recession that loomed throughout the outgoing year.

Both global and local macro-challenges can have serious implications for the people of Bangladesh

Do we have the political will to come out of it?

A recession is a substantial decline in overall economic activity, lasting more than a few months, typically visible in real gross domestic product, actual income, employment, industrial production, and wholesale-retail sales.

Bitcoin dropped below the $20,000 level on Saturday to its lowest point in 18 months, extending its slide as investors showed they were unnerved by growing troubles in the industry and as the general pull-back from riskier assets continued.

The country is facing the biggest macroeconomic challenge in the last one decade, said Selim Raihan, executive director of the South Asian Network on Economic Modeling (Sanem).

President Dilma Rousseff on Friday replaced Finance Minister Joaquim Levy, a fiscal conservative appointed just over a year ago, with a close ally, Planning Minister Nelson Barbosa, the Brazilian leader's office says in a statement.

Japan's economy slid back into recession in July-September as uncertainty over the overseas outlook hurt business investment.

AS the country battles with layers of snow in the biting cold, its economy brings some positive news.

Japan, the world's third largest economy grows at a slower than expected pace