Recession Blues By Reuben Abati

“My brother, how you dey?”“What can we do?”  “E ku recession”  “Excuse me?”  “I said er ku recession…” “Are you Yoruba people alright at all? You people always make a joke out of everything. Does recession look like a joke to you? Second recession in the last five years, the worst in Nigerian history in 33 years,…Continue Reading

Double-dip recession next year, but housing rolls on

Navigation for News Categories The economy is expected to slip back into recession early next year as delayed job losses, falling consumer spending, and the absence of international tourists bites into growth. The usually packed Queen Street in Auckland was empty during lockdown. Photo: RNZ / Jordan Bond Economics consultancy Infometrics’ chief forecaster, Gareth Kiernan,…Continue Reading