global recession

‘Unparalleled global recession underway’

‘Unparalleled global recession underway’

"This is twice as large as the decline anticipated in our early April GEO update and would be twice as severe as the 2009 recession."

COVID-19: World economy will go into recession: UN

COVID-19: World economy will go into recession: UN

The predicted loss could be of trillions of dollars of global income, while India and China are likely to be exceptions, says the report

G20 leaders to hold online summit as virus threatens recession

G20 leaders to hold online summit as virus threatens recession

Leaders of the G20 major economies will hold an online summit Thursday in a bid to fend off a coronavirus-triggered recession, after crit...Read More

Global recession is here: Morgan Stanley, Goldman

Global recession is here: Morgan Stanley, Goldman

A global recession is now the base case, said Morgan Stanley economists led by Chetan Ahya. They see growth falling to 0.9 per cent this ...Read More

Dow Jones plunges 1,000 points for 3rd day – its largest single-day point loss; Europe, Asia too in free fall

Dow Jones plunges 1,000 points for 3rd day – its largest single-day point loss; Europe, Asia too in free fall

As the virus wiped off $6 trillion off world stocks, alarm bells were ringing of a possible global recession.

Global recession looming large; cautions Nobel Laureate Paul Krugman

Global recession looming large; cautions Nobel Laureate Paul Krugman

Dubai: There is “quite a good chance” of a global recession late this year or next year, Nobel Prize-winning economist Paul Krugman has w...Read More

Global headwinds no sign of a recession, says Moody’s

Global headwinds no sign of a recession, says Moody’s

New Delhi: The prolonged decline in oil prices and weaker expansion in Chinese economy have dimmed growth prospects of several economies,...Read More

Global crisis now occur twice a day: Jaitley

Global crisis now occur twice a day: Jaitley

New Delhi – From a situation earlier when the global economy would face a crisis once a decade, now such crises almost “twice a day” have...Read More

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