(VOVWORLD) -World Bank President David Malpass on Thursday warned that the global economy is dangerously close to a recession as the Bank has lowered its 2023 global growth forecast from...
(VOVWORLD) - With the looming risk of a global economic recession, financial institutions and economists are warning governments to be very cautious with actions intended to curb the current record-high...
(VOVWORLD) -IMF chief Kristalina Georgieva urged global policymakers Thursday to take concerted action to avoid a dangerous 'new normal' as the risks of a worldwide recession are driven ever higher...
(VOVWORLD) - World Trade Organization Director-General Ngozi Okonjo-Iweala said Tuesday that the global economy is heading into a recession caused by the conflict between Russia and Ukraine, climate change, rising energy...
(VOVWORLD) -The Russia-Ukraine conflict and the disrupted supply chain has pushed developed economies’ inflation to a record high, triggering central banks to raise the interest rate. Economists believe a...
(VOVWORLD) -The International Monetary Fund cut global growth forecasts again on Tuesday
(VOVWORLD) - Due to rising inflation many economies are at risk of slower growth or even recession. Most major economies have rolled out drastic response plans
(VOVWORLD) - One year since the COVID-19 pandemic broke out, it has rapidly spread to 230 countries and territories with more than 78 million confirmed cases and 1.7 million deaths...
(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...
(VOVWORLD) - The coronavirus pandemic will cause a global recession in 2020 that could be worse than the one triggered by the global financial crisis of 2008-2009, but world economic output...
(VOVworld) – The International Monetary Fund (IMF) Managing Director Christine Lagarde said Thursday that Britain's vote to quit the EU (Brexit) has injected significant uncertainty into the global economy, but...
(VOVworld) – Among many issues relating to human rights, the Vietnamese government gives top priority to ensuring social security. In the context of the global economic recession, Vietnam has concentrated more...