The UK recession will be almost as deep as that of Russia, economists predict

[ad_1] London Stock Exchange Toby Melville | Reuters LONDON — The U.K. economic contraction of 2023 will be almost as deep as that of Russia, economists expect, as a sharp fall in household living standards weighs on activity. In its 2023 macro outlook, Goldman Sachs forecast a 1.2% contraction in the U.K. real GDP over the course of this year, well below all other G-10 (Group of Ten) major economies. This is set to be…

"The UK recession will be almost as deep as that of Russia, economists predict"

Through a Recession and a Pandemic, the Book Business Is Thriving in Buenos Aires

[ad_1] Every year when she was growing up, Carime Morales’s family would take two days from their winter holidays in Buenos Aires and go shopping for books, largely on Corrientes Avenue, where bookstores, theaters and cafes created a vibrant cultural scene. But when it came time for Morales to open her own bookstore last year, she didn’t even consider Corrientes. Instead, she opted for Parque Chas, the leafy, residential neighborhood of winding streets where she…

"Through a Recession and a Pandemic, the Book Business Is Thriving in Buenos Aires"