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 ...

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 ...

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 ...

Moscow/Sputnik: US companies may lose up to $4 trillion in revenue over the pandemic of COVID-19, while the global losses may reach $12 trillion, Bridgewater Associates, the world's b ...