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June 17, 2023
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Newzealand in recession! Is it the start of global recession?

With rising inflation post covid, across the Globe, interest rate hikes is being experienced by countries like USA, UK, India where the rates are breaching all time high coupled with fall of banks in USA and Europe, newzealand is the first country which has entered into recession with dipping gdp showcasing that techincally country has entered into recession.

Is it the start of Global Recession?