global economy

There’s a 98 percent chance of a global recession, research firm warns
World

There’s a 98 percent chance of a global recession, research firm warns

New York CNN Business  —  Warning lights are flashing in the global economy as high inflation, drastic rate hikes and…
The biggest risk to the global economy no one is talking about
World

The biggest risk to the global economy no one is talking about

New York (CNN Business) – Nearly 400,000 million people across 45 cities in China are under full or partial lockdown…
In support of Egypt, Saudi Arabia provides billions as a deposit with CBE
Egypt

In support of Egypt, Saudi Arabia provides billions as a deposit with CBE

  The Kingdom of Saudi Arabia in implementation of the directives of the Custodian of the Two Holy Mosques, King…
Job losses from virus 4 times as bad as ’09 financial crisis
World

Job losses from virus 4 times as bad as ’09 financial crisis

GENEVA (AP) — Four times as many jobs were lost last year due to the coronavirus pandemic as during the…
World markets rise on relief over US election outcome
World

World markets rise on relief over US election outcome

TOKYO (AP) — World markets climbed Monday as investors breathed a sigh of relief after days of US presidential limbo…
Virus pummels global economy, jobs – even without 2nd wave
World

Virus pummels global economy, jobs – even without 2nd wave

ARIS (AP) — The virus crisis has triggered the worst global recession in nearly a century — and the pain…
China, Europe show restarting virus-hit economies not easy
World

China, Europe show restarting virus-hit economies not easy

BEIJING (AP) — As countries consider how to restart economies that have been halted by the coronavirus, the early experiences…
UN urges governments to tackle recession, scrap debt payment
World

UN urges governments to tackle recession, scrap debt payment

UNITED NATIONS (AP) — More than 60 UN agencies and international organizations urged governments on Thursday to take immediate steps…
US tops world in virus cases and logs record unemployment
World

US tops world in virus cases and logs record unemployment

The United States now has more COVID-19 infections than any other country, and a record number of newly unemployed people,…
World leaders to hold crisis talks as virus toll tops 21,000
World

World leaders to hold crisis talks as virus toll tops 21,000

World leaders are to hold online crisis talks Thursday on the coronavirus pandemic that has forced three billion people into…
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