RIYADH: The UK economy could enter recession in the fourth quarter of this year amid soaring energy prices, according to US investment bank Goldman Sachs.
In a recent research note, it predicted that the UK’s gross domestic product is expected to fall by around 1 percent through mid-2023, Bloomberg reported.
The report further added that the annual output next year will likely shrink by 0.6 percent, a sharp turnaround from Goldman’s previous estimate where it predicted an expansion of 1.1 percent.
Merck and Moderna are calling this a personalised vaccine, meaning it works by targeting an…
Verified videos show the aftermath of Tuesday and Wednesday's strikes in Gaza City which show…
Israel has built about 160 settlements housing 700,000 Jews since it occupied the West Bank…
The vaccination of commercial hens against common salmonella strains, which began in the mid-1990s in…
The Israeli army has ordered a criminal investigation into the killing in Gaza of five-year-old…
A person has died and hundreds have fallen ill with salmonella food poisoning in an…