Islamabad: Pakistan’s economy would actually perform even worse than what previous estimates had warned about, the World Bank, citing the Covid-19 fallout, forecast on Monday.

Riyadh/Sputnik:  Saudi Arabia’s oil export has fallen by 21.9 percent, or some $11 million, in the first quarter of 2020, the country’s General Authority for Statistics s ...

Islamabad: The International Monetary Fund has asked cash-strapped Pakistan to freeze salaries of government employees and adhere to the fiscal consolidation path by showing a nominal pri ...

Washington/Xinhua: Fallout from the COVID-19 pandemic will shrink the size of the U.S. economy by 7.9 trillion U.S. dollars over the next decade, according to new projections released by ...

New York: After months of lockdowns, countries are cautiously starting to ease travel restrictions put in place to stop the spread of COVID-19, according to research published Monday by t ...

New York: As the COVID-19 pandemic shuts down dairy supply hubs across the Amazon region of Ecuador, one local cattle farmer with an abundance of milk on his hands has stepped up to offer ...

New York: As businesses struggle to cope with the economic fallout from the COVID-19 pandemic, they need to remain aware of their responsibilities as partners in efforts to build a s ...

Brussels/Xinhua: The European Commission on Wednesday proposed borrowing 750 billion euros (826 billion US dollars) in its name from the financial market to help the world's largest t ...

New York : Against the backdrop of the raging COVID-19 pandemic, the world economy in 2020 is projected to shrink by 3.2 per cent, racking up some $8.5 trillion in overall losses – ...