Economy
New York  : The unfolding COVID-19 pandemic is so far having little impact on the global food supply chain, but that could change for the worse – and soon – if anxiety-driven panic by major food importers takes hold, the World Food Programme (WFP) warned on Friday. more
World economy is now in recession, worse than 2008 crisis: IMF

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 ...

Economic sanctions should be lifted to prevent hunger crises in countries hit by COVID-19 – UN rights expert

New York : As the world exhibits new bonds of solidarity in response to the coronavirus pandemic, it is a matter of “humanitarian and practical urgency to lift unilateral economic s ...

$2.5 trillion COVID-19 rescue package needed for world’s emerging economies

New York : The economic fallout from COVID-19 is likely to get “much worse” before it gets better for some six billion people living in developing economies, the UN said on Mo ...

China's GDP growth to decline to 2.3 pc in baseline scenario in 2020, warns World Bank

Washington/Sputnik/IBNS: China's GDP growth is expected to decline to 2.3 per cent in the baseline scenario in 2020 due to the novel coronavirus (COVID-19) pandemic, the World Bank sa ...

Malaysia unveils new stimulus package to counter COVID-19 impact

Kuala Lumpur/Xinhua: Malaysian Prime Minister Muhyiddin Yassin announced an economic stimulus package worth 250 billion ringgit (about 57.54 billion U.S. dollars) on Friday to fight the e ...

Covid-19: Time to maintain economic distancing with China as it mounts biggest coverup

With the Chinese government reporting much less number of COVID 19 infection in recent times and unleashing a massive propaganda to clear itself from the global catastrophe it unlocked, e ...

One Belt, One Road, One Virus: How Italy, Iran follow China's OBOR path to perdition

For the past few years, what trended was One Belt, One Road (OBOR), the ambitious Chinese catchphrase to rope in 78 countries in its dream connectivity project for the economic domination ...

COVID19 Impact: Experts believe Pakistan's economy might witness bloodbath

Islamabad: The Coronavirus outbreak may hit Pakistan's economy, which is already bleeding hard with experts assuming that the nation's exports may dip by 25 percent in March.

Was Coronavirus imported to Italy directly from China? Reports blame Chinese intrusion in iconic Italian leather industry

Rome/JEN: With Italy witnessing one of the worst episodes of coronavirus outbreak, which has claimed lives of 4,032 people, doubts are high that whether the presence of greater number of ...