global economy

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…
Italy virus deaths hit record as Trump goes on war footing
World

Italy virus deaths hit record as Trump goes on war footing

Italy on Wednesday reported nearly 500 new deaths from the novel coronavirus, the highest one-day official toll of any nation,…
Virus-hit Gulf has little room to boost revenue after oil price shock
Business

Virus-hit Gulf has little room to boost revenue after oil price shock

DUBAI (Reuters) — The coronavirus outbreak and plunging crude prices are a double blow that leaves Gulf Arab governments with…
Major banks move to calm coronavirus fears as toll passes 6,000
World

Major banks move to calm coronavirus fears as toll passes 6,000

The US Federal Reserve and other central banks announced on Sunday a bold set of measures to shore up confidence…
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