(VOVWORLD) -Due to geopolitical complications, the global economic recovery and growth are facing various risks and challenges. Major economies and global economic-financial institutions, led by the World Bank (WB) and the International...
(VOVWORLD) - The European Commission is predicting the eurozone will slide into recession in the winter, as inflation continues to rise, according to the latest economic forecast released on Friday
(VOVWORLD) -The European Central Bank must keep raising interest rates to fight off inflation, even if the probability of a euro zone recession has increased, ECB President Christine Lagarde said...
(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) -Japan's economy contracted 0.9% from January to March, or at an annualized pace of 3.4%, the Cabinet Office said Monday, showing that the world's third...
(VOVWORLD) - The European Committee said Wednesday that the COVID-19 pandemic is posing a serious threat to the Eurozone’s future by pushing countries into the deepest recession in nearly...
(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) - 74% of US business economists appear sufficiently concerned about the risks of some of President Donald Trump’s economic policies that they expect a recession in the US by...
(VOVWORLD) - Economists surveyed by the National Association for Business Economics lowered their growth projections for the US economy in 2018
(VOVWORLD) - The head of the World Trade Organisation (WTO) has warned a trade war could plunge the world into "deep recession
(VOVworld) – The World Bank has reported that poverty reduction in Latin America has been slowing down since 2012
(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...