The Great Recession from 2007-09 saw GDP fall 4.3%, the biggest drop since the Great Depression. Deregulation in the 2000s and excessive risk by banks were major causes of the financial crisis.
The economy feels uncertain right now. Sweeping trade wars, inflation pressures, sluggish job growth, rising everyday costs — it's contributed to the cautious stance of the Federal Reserve caught ...
BRUSSELS, May 18 (Reuters) - The European recession last year slashed by 11.6 percent climate-warming emissions from heavy industry participating in the European Union's Emissions Trading Scheme, the ...
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