WASHINGTON: The US economy began 2020 riding the crest of a record-long expansion with every expectation that its 11th year of growth would not be
Tag: Recession
Recession: World economy bound to suffer ‘severe recession’: IMF
The world economy, already “sluggish” before the coronavirus outbreak, is now bound to suffer a “severe recession” in 2020, IMF chief Kristalina Georgieva has warned
View: Who’ll pay for global recession?
By Shumi Akhtar The world is clearly heading on the steep downward slope towards recession due to the Covid-19 pandemic. The duration of this recession
india gdp growth: IMF projects India’s growth rate at 1.9% in 2020, forecasts global recession due to COVID-19
The IMF on Tuesday projected a GDP growth of 1.9 per cent for India in 2020, as the global economy hits the worst recession since
Coronavirus impact: Evidence mounts that the global recession is already here
The evidence is mounting that March marked the start of a deep global recession. The breadth of the collapse is beginning to appear in the
Jobs destroyed worldwide as coronavirus sparks recession
By Simon Kennedy The world’s workers are reeling from the initial shock of the coronavirus recession, with job losses and welfare claims around the globe
coronavirus updates: Europe’s virus toll surges, world plunges into recession
ROME: Europe was reeling from a staggering surge in coronavirus deaths Saturday, still days or weeks from what experts desperately hope will be the epidemic’s
Recession risk calls for joint response: UN chief
LISBON: UN chief Antonio Guterres on Sunday urged governments to work together to stop the coronavirus pandemic from plunging the global economy into recession. “No
Recession: View: Coronavirus threat could spark a mega recession
We face the greatest medical-cum-economic crisis in history. Admit it or not, the coronavirus has already created a deep global recession. Even earlier, Europe and