Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...
Category : Economy
IHS Markit: UK economy set for a 7% quarterly contraction
The information provider company expects the actual decline in GDP to be even greater...
Half of global workforce could lose their jobs, says ILO
Wages of informal workers plunged 60% since the start of the pandemic...
UK’s economy to lose £800 bn in the next 10 years due to the pandemic
NIESR expects the economy to bounce back next year...
UN releases framework to lift economies, save jobs
The UN calls for an scale-up of international support and political commitment to ensure access to essential services and social protection...
Trade between China and Africa drops by 14% during Q1 2020
Chinese exports to African nations decreased by 10.5% due to the coronavirus pandemic...
Saudi Arabia hosts digital G20 business chief meeting
The leaders discussed strategies for the post-pandemic period...
Global CEOs prepare for a U-shaped recession, says survey
Around 3534 CEOs participated in the survey from 109 countries...
Coronavirus pandemic threatens post-Brexit trade talks
Two lead negotiators have isolated themselves due to the pandemic, which might bring a change to the timeline...
IMF: Coronavirus impact to be more severe than 2008 crisis for MidEast
IMF expects the MENA region to contract by 3.3% in 2020...