global recession

EU leaders weigh massive virus economic recovery measures
Economy

EU leaders weigh massive virus economic recovery measures

BRUSSELS (AP) — European Union leaders are set to weigh Thursday the damage the coronavirus has inflicted on health care…
Spain coronavirus infection rate falling ‘a lot’ as cases top 200,000
World

Spain coronavirus infection rate falling ‘a lot’ as cases top 200,000

MADRID/Amorebieta, SPAIN (Reuters) — The spread of the new coronavirus in Spain seems to be slowing despite more than 200,000…
Lockdown tensions grow as people seek to resume work or play
World

Lockdown tensions grow as people seek to resume work or play

WASHINGTON (AP) — The coronavirus is touching all levels of society and increasing tensions as governments start to ease restrictions…
Saudi Arabia faces coronavirus crisis with strong reserves, low debt-minister
Economy

Saudi Arabia faces coronavirus crisis with strong reserves, low debt-minister

CAIRO (Reuters) — Saudi Arabia is facing the global crisis from a position of strength, given its strong financial position…
Poorer countries face big risks in easing virus restrictions
World

Poorer countries face big risks in easing virus restrictions

BEIRUT (AP) — As some wealthier Western nations begin easing coronavirus restrictions, many developing countries, particularly in the Middle East…
IMF predicts global recession, forecast for Egypt is positive
Business

IMF predicts global recession, forecast for Egypt is positive

The International Monetary Fund on Tuesday significantly reduced its expectations for global economic growth, anticipating a global recession amid the…
Middle East economies battered by virus, oil prices and conflict
Middle East

Middle East economies battered by virus, oil prices and conflict

DUBAI, United Arab Emirates (AP) — The Middle East, already wracked by high numbers of unemployed youth, unrest, conflict and…
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…
As outbreaks flatten in places, Japan, India see more cases
World

As outbreaks flatten in places, Japan, India see more cases

NEW YORK (AP) — Coronavirus infections are spiking in Japan and creating hot spots in India’s congested cities just as…
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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