London: Recession fear looms large over the UK as the country's economy shrank in August, media reports said.
New York: The world is headed towards a global recession and prolonged stagnation unless fiscal and monetary policies holding sway in some advanced economies are quickly changed, accordin ...
Jakarta: One of the biggest economies in South East Asia, Indonesia has fallen into a recession after 22 years, owing to the ongoing Covid-19 pandemic.
New York: The economic and social consequences of the COVID-19 pandemic “are as bad as we feared”, the UN Secretary-General said, as he warned that the international community ...
New York: With multilateral cooperation under strain, senior UN officials, Nobel laureates and eminent academic experts, gathered virtually on Wednesday for the launch of a new report rec ...
New York : The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, ...
Washington: International Monetary Fund (IMF) Managing Director Kristalina Georgieva on Friday warned that the world economy is currently in 'recession' and it is worse than ...
