Economic

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TOPLINE The International Monetary Fund has downgraded its global economic forecasts for 2020, and is now predicting the coronavirus pandemic will cause a much deeper recession and slower recovery than originally expected. Gita Gopinath, the International Monetary Fund’s chief economist. Brendan Smialowski/AFP via Getty Images KEY FACTS The IMF forecast that global GDP will this […]
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World Health Organization (WHO) urged a delicate balance between protection against COVID-19 and minimizing social, economic damage therewith, as global daily new cases keeps hitting new record. “It’s not a choice between lives and livelihoods. Countries can do both,” claimed WHO Director-General Tedros Adhanom Ghebreyesus, as all countries are facing a “delicate balance between protecting […]