Economy
World / Countries / MNCs
New York: Prospects for a robust global economic recovery remain dim as the lingering effects of the COVID-19 pandemic carry on, according to the UN’s latest World Economic Situation and Prospects report, released on Tuesday. more
No winners but fewer losers in global economy from COVID than expected
New York: The COVID-19 pandemic seriously impacted all economies around the world last year, with trillions of dollars of lost earnings, UN trade and development experts UNCTAD said on Th ...
UK think tank warns gov't peak of living standards crisis if COVID-19 benefits terminated
Moscow/Sputnik: The Resolution Foundation called on the UK government on Monday to not cancel the 20 pound ($27) uplift to Universal Credit benefits, warning that the worst hit of the pan ...
Global foreign direct investment halved amid pandemic, but China remained resilient
New York: Foreign direct investment (FDI), a bellwether of globalisation and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused b ...
