Tuesday , November 26 2024

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US economy slowing, but recession not inevitable, Yellen says

US economy slowing, but recession not inevitable, Yellen says

U.S. Treasury Secretary Janet Yellen said on Sunday that U.S. economic growth is slowing and she acknowledged the risk of a recession, but she said a downturn was not inevitable. Yellen, speaking on NBC‘s “Meet the Press,” said strong hiring numbers and consumer spending showed the U.S. economy is not …

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China’s population expected to start to shrink before 2025

China's population expected to start to shrink before 2025

China’s population has slowed significantly and is expected to start to shrink ahead of 2025, the state backed Global Times reported, citing a senior health official. Birth data released late on Sunday showed that the number of new births in 2021 was the lowest in decades in several provinces. The …

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Call for max working temperature cap after EU heatwave deaths

Call for max working temperature cap after EU heatwave deaths

Trade unions called Monday for the European Commission to impose maximum temperature limits for outdoor workers, after three people died while on shift in Madrid during last week’s withering heatwave. While a handful of member states have legislation limiting working hours in excessive heat, the thresholds vary and many nations …

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