Economy
World / Countries / MNCs
Jakarta: One of the biggest economies in South East Asia, Indonesia has fallen into a recession after 22 years, owing to the ongoing Covid-19 pandemic. more
Protect the world from sliding into global recession, urges UN chief

New York: The economic and social consequences of the COVID-19 pandemic “are as bad as we feared”, the UN Secretary-General said, as he warned that the international community ...

Amid fears of worst recession in decades, urgent calls for solidarity, a united economic front

New York: With multilateral cooperation under strain, senior UN officials, Nobel laureates and eminent academic experts, gathered virtually on Wednesday for the launch of a new report rec ...

COVID-19 to cause biggest economic contraction ever in Latin America & Caribbean

New York : The COVID-19 pandemic will herald the worst economic contraction in the history of Latin American and the Caribbean, with a projected -5.3 per cent drop in activity this year, ...

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 ...