Is recession 2020 pointing to another Great Depression?
The global economy is facing the gravest threat seen in the last two centuries because of the protracted pandemic...
Tag : IMF
Chinese government proposes stablecoin for four Asian countries
The four countries are Japan, China, Hong Kong and Korea...
Chile requests $23.8 bn Flexible Credit Line from IMF
This is an attempt to improve its economic resources during the ongoing crisis...
IMF lends $739 mn to Kenya; foreign reserve rises 9%
The country's usable foreign exchange reserves increased to $8,532 mn as of May 14...
Coronavirus pandemic to severely impact the renewable energy sector
China alone supplies more than 50% of solar equipment to the world...
Kenya issues Sh50 bn bond to provide further support
Even the IMF approved $1.23 bn of emergency funding for Kenya and Uganda...
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...
IMF: Coronavirus impact to be more severe than 2008 crisis for MidEast
IMF expects the MENA region to contract by 3.3% in 2020...