Tag: Recession
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IMF World Economic Outlook Forecasts ‘Deep Recession’ In 2020
The International Monetary Fund is projecting a deep recession in 2020 with global growth projected to be -4.4% in its latest update to the...
Coronavirus: World facing the worst recession since the 1930s – IMF
The International Monetary Fund said the world is facing the worst recession since the Great Depression of the 1930s.
The body said the global economy...
Aftermath Of Coronavirus Crisis, Recession Hits Global Economy, 80 Countries Seek IMF Emergency Aid
The unyielding coronavirus pandemic has driven the global economy into a recession.
Already, over 80 countries have appealed for emergency aid from the International Monetary...
Aftermath Of Coronavirus Shock, Recession Looms In Some Countries- UNCTAD
The COVID-19 shock will cause a recession in some countries and depress global annual growth this year to below 2.5%, a United Nations trade...
South Africa’s Recession Lifts Nigeria Up
South Africa, the hitherto biggest economy in Africa, has entered its second recession in two years. The situation has helped in giving Nigeria a...
