Global Economy Already in Recession, But Could Recover Quickly: Reuters Poll
The results of the latest Reuters poll reveal that the recession in the global economy has already begun due to the coronavirus pandemic and Full Article
Global Economy Could Take 2-3 Years to Recover From Coronavirus Crisis
The IHS Markit Global Economic Forecast Flash report indicates that returning to pre-coronavirus levels of economic growth could take up to Full Article
Unemployment Due to Coronavirus Could Exceed That of Financial Crisis: UN Officials
UN officials have cautioned that the ongoing coronavirus crisis could cause more people to lose their jobs in the coming months. Full Article
G20 Commits to More Liquidity Boosting Measures to Support Global Economy
G20 leaders committed to release over $5 trillion worth of liquidity into markets to save people's jobs and incomes in the wake of the.. Full Article
Slumping Business Activity Raises Fears of Recession in Global Economy
Fears about the global economy heading towards a recession continue to gain traction amid recent weak economic data releases from around.. Full Article
Global Economy to Experience Recession Due to Coronavirus Pandemic
The IMF has cautioned that the ongoing coronavirus pandemic is expected to drive the global economy into recession this year, the scale of.. Full Article
Stimulus Efforts to Tackle Coronavirus Exceed Measures Taken During 2009 Financial Crisis: UBS
Latest estimates by UBS reveal that governments and central banks around the world have already pledged to spend more on stimulus efforts Full Article
Global Economy Already in Recession Over Coronavirus: Reuters Poll
The coronavirus pandemic has already driven recession in the global economy as several countries around the world continue to shut down Full Article
Airlines Are Feeling the Weight From Coronavirus First
The global economy is taking a hit, with Airlines being the first to fall Full Article
FDI Flows to Reduce by 5-15% in 2020: UNCTAD
According to UNCTAD, could decline by anywhere between 5% and 15% from the earlier estimates on account of the coronavirus outbreak. Full Article
US Economy Faces Risk of Recession on Account of Coronavirus
Global financial markets have turned extremely worried about the economic impact of the coronavirus outbreak, with the risk of a recession Full Article
IMF Expects Global Economic Growth to Slow Down in 2020 – Coronavirus Impact
The IMF has cautioned that global economic growth could slow down in 2020 and fall below last year's level as a result of the coronavirus Full Article
European Stock Markets to Open Higher, Buoyed by IMF’s Announcement of Financial Aid to Tackle Coronavirus
European stock markets are expected to receive a boost and open higher on Thursday following the IMF's announcement of $50 billion aid to Full Article
Global GDP Growth to Decline by Nearly 50% if Coronavirus Spreads: OECD
Recent estimates by the OECD suggest that global economic growth could be halved if the coronavirus outbreak escalates any further, and Full Article
US Government Officials Play Down Effect of Coronavirus on Economy, Coordinated Global Rate Cut Coming Soon?
Over the weekend, senior government officials in the US sought to reassure markets about the possibility of a recession in the global Full Article
