World Bank Cautions About Slowdown in Developing Economies
Latest estimates by the World Bank indicate that the coronavirus pandemic could cause severe reduction in growth among developing economies Full Article
Global Economy to Experience Recession Due to Coronavirus Pandemic
The IMF has cautioned that the ongoing coronavirus pandemic is expected to drive the global economy into recession this year, the scale of.. Full Article
Brazil’s Economy Headed for Recession This Year
Leading banks Goldman Sachs and JP Morgan have cautioned that Brazil's economy is set to experience a recession this year on account of the Full Article
US Plans Stimulus to Support Economy From Growing Coronavirus Risks
On Tuesday, US President Donald Trump unveiled the possibility of a payroll tax cut to combat the economic risks from the coronavirus and Full Article
What to Expect From the UK Budget Today
The UK government is all set to unveil its first budget after Brexit later today and markets are waiting Full Article
IMF Expects Global Economic Growth to Slow Down in 2020 – Coronavirus Impact
The IMF has cautioned that global economic growth could slow down in 2020 and fall below last year's level as a result of the coronavirus Full Article
US Economy Still Growing Strong Despite External Risks
Recent data releases continue to reinforce that the US economy is maintaining a healthy rate of growth, despite the slew of recent external Full Article
China’s Economic Growth to Weaken in Q1 2020: Reuters Poll
A recent Reuters poll reveals that the coronavirus outbreak is expected to slow down China's quarterly economic growth to the weakest pace Full Article
Powell’s Testimony, Day 2: Health of the US Economy, Coronavirus Impact in Focus
Fed chairman Powell continued to maintain confidence about the outlook for the US economy, expressing hope that low unemployment, and an Full Article
US Household Debt Balloons to Record High in 2019
Recent research by the New York Fed reveals that household debt among US consumers has soared by over $600 billion during 2019, the highest Full Article
Global Economic Growth in 2020 to Remain at Similar Levels as Last Year
A recent Reuters poll expresses caution about a recovery in global economic growth this year, despite the optimism surrounding the US-China Full Article
Phase One Trade Deal to Have Limited Impact on US Economic Growth: Reuters Poll
A recent Reuters poll indicates that the phase one trade deal between the US and China is expected to show no significant impact on US Full Article
Global Unemployment Levels to Rise in 2021 as Global Economy Slows Down: ILO
The International Labor Organization (ILO) feels that global unemployment rate has bottomed out, after declining over the past nine years Full Article
CEOs Pessimistic About Global Economic Growth in 2020: PwC Survey
A recent survey by PwC reveals that over half of worldwide CEOs anticipate the global economic growth to slowdown in 2020, revealing a high Full Article
UN Cautions Against Trade Tensions Bringing Down Global Economic Growth in 2020
The UN has cautioned that continued trade tensions between the US and China or any rise in geopolitical tensions could stall economic Full Article
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