WTO Chief To Step Down Early As Global Economic Crisis Rages
The Brazilian diplomat, who became the WTO chief in 2013, suggested that an early change of leadership would help it fac... Read more
Nearly 600,000 Australians Lose Jobs As Virus Lockdown Bites
The Treasury has forecast the unemployment rate will reach 10 percent in the June quarter. Read more
Virus-slammed UK Economy Slumps At Fastest Pace Since 2008
The nation's second-quarter contraction is meanwhile expected to be far steeper than the first. Read more
Virus Lockdowns Scale Back May Day Rallies
This year the date carries extra significance after the COVID-19 outbreak sent the global economy into a historic tailsp... Read more
Hopes Rise In Virus Battle As US Scientists Hail Drug Trial
A clinical trial of the drug remdesivir showed that patients recovered about 30 percent faster than those on a placebo. Read more
Asia Markets Lifted By Hopes Worst Of Virus Has Passed, Oil Falls
New York Governor Andrew Cuomo said that a first stage of a reopening would start on May 15 if hospitalisations decrease... Read more
Eurozone Economy Suffers 'unprecedented' Collapse
Employment in Europe plummeted for the second month running. Read more
Asian Markets Rise After Fed Stimulus Boosts Wall St
The pandemic has now claimed more than 94,000 lives around the world. Read more
Portia Antonia Alexis On Economic Inequality, Social Mobility, And The Future Of Global Wealth Distribution
Portia Alexis is a 'humanist', and according to her we all are. The pursuit of her history is key to Portia Antonia Alex... Read more
China Slashes Rate, Pumps $7 Bn Into Market To Counter Virus
The deadly pathogen has claimed almost 40,000 lives worldwide. Read more
IMF Chief: 'Clear We Have Entered Recession'
The IMF chief said in her press conference on Friday that this recession would be even worse than in 2009. Read more
Trump Signs $2 Trillion Recovery Plan As US Virus Cases Skyrocket
It triggers the distribution of millions of relief checks of up to $3,400 for an average American family of four. Read more
Massive Risks To World Economy As Virus Battle Rages
The crash will almost certainly be accompanied by a surge in unemployment, especially in countries with weaker worker ri... Read more
Britain's Post-Brexit Budget To Combat Virus Fallout
Finance minister Rishi Sunak will present the budget in parliament around 1230 GMT. Read more
Asia-Pacific Economies Face $211 Bn Hit From Virus, Says S&P
Fears about the impact of the outbreak have hammered world markets as investors fret over its economic impact. Read more