Canada’s economy contracted by 1.6% in the second quarter, as rising U.S. tariffs dealt a heavy blow to exports, underscoring how ongoing trade tensions are slowing down growth, CBC reports
Browsing: GDP decline
Germany’s economy contracted in the latest quarter, signaling mounting challenges ahead. Surging inflation, skyrocketing energy costs, and global uncertainties are weighing heavily, casting a shadow over Europe’s largest economy, according to Semafor
The UK economy contracted for the second consecutive month this May, raising fresh concerns about its growth outlook. Experts warn that ongoing challenges could seriously hinder future progress