Living Beyond Borders Articles
The Graphic Truth: How long might a US recession last?
A graphic showing the duration of recessions in the US since 1929.
GZERO Media
For months, we've been debating the odds of a looming inflation-fueled US recession. It hasn't happened yet — in no small part due to a tight jobs market. (For more on who makes the recession call, read our primer here.)
But the fact that it hasn't happened yet doesn't mean recession fears are over. In fact, economists believe it'll start as soon as cash-strapped businesses — faced with high interest rates to fight inflation — begin giving workers pink slips across the board. Still, it's more likely than not that when it comes, the recession will be not only mild (not triggering mass unemployment) but also historically short.
We take a look at the duration and cause of US recessions over the past century.
Why is a man wearing a trash can on his head polling nearly as high as Reform UK leader Nigel Farage? Rory Stewart explains.
Think you know what's going on around the world? Here's your chance to prove it.
For weeks, tens of thousands of people in India – most of them young people – protested outside the Jantar Mantar, a historic observatory in New Delhi, to demand the resignation of the country’s education minister, Dharmendra Pradhan. Five days later, they got what they asked for.
Egypt said two ships were hit with a drone in the port of Damietta on Wednesday, just 40 miles from the exit of the Suez Canal, the first attack in the country since the war began.