Toronto/Sputnik/UNI: More than a million Canadians lost their jobs last month, pushing the unemployment rate up 2.2 percentage points to 7.8 percent amid the growing novel coronavirus (CO ...

New York : The rapidly intensifying economic effects of COVID-19 on the world of work are proving to be far worse than the 2008-9 financial crisis, with cutbacks equivalent to nearly 200 ...

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-dr ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...