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
Will a Third State of Emergency Drive Japan Into Recession?
A second back-to-back contraction in the second quarter would potentially represent a technical recession as Japan is suffering the fourth Full Article
Eurozone Economy to Contract in Q1 2021: Reuters Poll
Economists polled by Reuters indicate that the Eurozone economy is headed for a double-dip recession in the wake of the latest wave of the Full Article
IMF Downgrades UK’s Economic Forecast for 2021
The International Monetary Fund (IMF) has cut its growth forecasts for the UK severely for the current year, in the wake of the latest wave Full Article
Japan’s Government Optimistic About Latest Fiscal Stimulus Measures?
A recent report on Nikkei indicates that the Japanese government is set to turn more optimistic about its GDP forecast for the next fiscal Full Article
UK’s Economy to Experience Most Severe Contraction in Over 300 Years: OBR
Latest estimates by the OBR paint a worrying picture about the state of UK's economy in the wake of the coronavirus crisis, with the GDP Full Article
UK Economy to Contract in Q4 2020, Rebound Into Growth in 2021
Recent analysis by PwC reveals that the UK economy could witness a contraction in Q4 2020 by anywhere between 2.1% and 3.3%, while the Full Article
Eurozone’s Economy Headed For a Double-Dip Recession?
A recent poll by Reuters indicates that the Eurozone economy could experience its first double-dip recession in almost 10 years due to the Full Article
Japan’s Economy Rebounds – GDP Beats Forecast
The Japanese economy has posted a sharp rebound between July and September after the steep downturn in the previous quarter owing to the 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
Singapore’s Economic Contraction Eases in Q3 2020
The contraction in Singapore's economy eased in the third quarter of the year after restrictions were eased but recovery is still Full Article
Mexico’s Economy to Take Years to Return to Pre-Pandemic Levels: IMF
The IMF has cautioned that Mexico's economy will take several years to return to pre-pandemic levels of growth, and could experience a Full Article
Second Wave of Infections Biggest Risk to Eurozone Economy
Economists polled by Reuters indicate that a resurgence in coronavirus infections after lifting lockdowns is the biggest threat to the Full Article
New Zealand Enters Recession, GDP Contracts in Q2 2020
The coronavirus pandemic has pushed New Zealand's economy into the most severe contraction ever recorded during Q2 2020 Full Article
