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The coronavirus pandemic will cause a global recession in 2020 that could be worse than that seen during the global financial crisis of 2008-2009, but the world’s economic output should recover in 2021, the International Monetary Fund said Monday. CBC | World News
Read More »Tag Archives: economies
World economies shaken as coronavirus deaths approach 3,000
Amid fears about where the next outbreak of a fast-spreading new virus would appear, infections and deaths continued to rise across the globe Sunday, emptying streets of tourists and workers, shaking economies and rewriting the realities of daily life. CBC | World News
Read More »Anger erupts at UN climate summit as major economies resist bold action
Major economies resisted calls for bolder climate commitments as a UN summit in Madrid limped toward a delayed conclusion on Saturday, dimming hopes that nations will act in time to stop rising temperatures that will devastate people and the natural world. CBC | World News
Read More »Global recession FEAR: Economists feel ‘chill in the air’ over big four global economies
ECONOMISTS have warned of a ‘chill in the air’ as the International Monetary Fund warned global growth is falling to its slowest rate since the financial crisis. Daily Express :: City and Business Feed
Read More »ECB WARNING: Failing banks and weak economies could wreck Eurozone recovery
THE European Central Bank has issued stern warnings regarding the health of eurozone banks, insisting these failing financial institutions poses a threat to the economic recovery of the area. Daily Express :: City and Business Feed
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