People buy goods in a supermarket in Milan, Italy. (Photo: AFP/VNA)

Many bright spots help Europe escape from risk of widespread economic recession

The survey results released by S&P Global on April 21, showed positive signs for the Eurozone’s economy, as the zone’s economy made a breakthrough in April and reached the highest level in the past 11 months. Europe’s economic picture appeared with many bright spots that can help this area escape from the risk of widespread economic recession and continue its recovery despite many difficulties.
Image for illustration (Photo: Reuters)

Canada’s economy faces ‘headwinds”

The leading economist from the International Monetary Fund (IMF) has recently said Canada is facing high inflation, weak growth and anxiety in financial markets, which have been also the challenges that are dragging down the global economic outlook.