Global Economy to Lose Trillions of Dollars Due to Uneven Rollout of COVID-19 Vaccines Worldwide
According to a recent report by the Economist Intelligence Unit, a slow rollout of COVID-19 vaccines could drive losses as high as $2.3 tn Full Article
Crude Oil Breaks Below $70 As Economic Worries Weigh – Has the Trend Changed for WTI?
Crude Oil is having another bearish day today, falling below $70 Full Article
Global Economy Set to Rebound in 2021, Poorer Nations to Hold Back Growth: World Bank
In its latest report, the World Bank has expressed hope that the global economy could post a rapid recovery from the coronavirus induced Full Article
G7 Announces Corporate Tax Decision – Big Tech to be Hit?
The leading economies of the world, also known as a group called G7, have come to an agreement on the issue of imposing a corporation tax Full Article
US Economy Improving Further as Today’s ISM Services Report Confirmed, Keeping Crude Oil Bullish
Crude Oil keeps pushing higher as the economic data keeps improving Full Article
Can We See a Boom in the Global Housing Market Soon?
Recent polls by Reuters indicate that the housing market across leading economies is expected to experience a boom in 2021, powered by Full Article
Copper Touches Record High as Economic Recovery Expected to Drive Up Demand
Popular industrial metal copper is trading bullish over hopes of rapid economic recovery worldwide in the wake of the ongoing coronavirus Full Article
Global Economy to Post Sharp Rebound in 2021: Reuters Poll
A recent Reuters poll indicates that the global economy could post a sharp rebound from the coronavirus crisis this year, powered by rapid Full Article
US Treasury Department Proposes SDR Allocation to IMF Worth $650 Billion
According to officials at the US Treasury Department, the IMF's reserves could potentially rise by around $650 billion by August which Full Article
US Dollar Weakens in Anticipation of Fed Chair Powell’s Comments
he US dollar is trading somewhat bearish as markets cautiously wait to hear from Fed chairman Jerome Powell later today at the end of the Full Article
Global Economic Recovery Could Take Longer Even as Vaccines Roll Out
Leading ratings agency Fitch has tempered some of the recent optimism in global markets as it maintains that developments surrounding Full Article
Second Wave of Pandemic to Hit Global Economic Recovery
A majority of economists recently polled by Reuters anticipate the global economy's recovery to come to a halt by the end of this year due Full Article
Global Economic Outlook Revised Higher, But Risks Remain: IMF
Finance leaders from around the world maintained that the global economy had not yet collapsed due to the coronavirus pandemic, and remained Full Article
Business Leaders Most Worried About Rising Unemployment
A recent survey on Regional Risks for Doing Business by the World Economic Forum (WEF) highlights rising unemployment levels as the biggest Full Article
