IMF more hopeful about global economic outlook

IMF more hopeful about global economic outlook

(VOVWORLD) -The impacts of COVID-19 on the global economy will not be as severe as previously forecast thanks to strong government intervention around the world, according to a report of the...
Experts warn of global economic recession

Experts warn of global economic recession

(VOVWORLD) - The COVID-19 pandemic has driven the global economy into a severe decline not seen in decades. Some assessments predict that the global economy could become worse than during...
Mustapha Adib named new Lebanon prime minister

Mustapha Adib named new Lebanon prime minister

(VOVWORLD) - Lebanese President Michel Aoun on Monday named envoy to Germany Mustapha Adib as Lebanon's new Prime Minister, following the resignation of the previous cabinet led by Hassan Diab...
Egypt, IMF Reach 5.2-Billion-USD credit deal

Egypt, IMF Reach 5.2-Billion-USD credit deal

(VOVWORLD) -Egypt and the International Monetary Fund (IMF), reached a deal to provide the Egyptian government with a 12-month credit agreement worth 5.2 billion U.S. dollars, to...