UK to witness a £300bn budget deficit in the current financial year
Government borrowing is equivalent to more than 15% of economic output...
Tag : economy
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Philippines’ economy shrinks for the first time in two decades
Its GDP declined by 0.2% in the first quarter of 2020...
IHS Markit: UK economy set for a 7% quarterly contraction
The information provider company expects the actual decline in GDP to be even greater...
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...
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...
World Bank, IMF urge suspension of debt payments in poorest countries
Official bilateral creditors have been asked to provide immediate debt relief to IDA countries...
Who will bring the world to Africa?
With South African Airways collapsing into bankruptcy, the fight for dominance among African airlines has one clear winner – Ethiopian Airlines...