(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) - 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 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) -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) - 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 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...
(VOVworld) – After Britons voted to leave the EU on June 23, Brexit, the UK’s economy has been facing negative impacts. Economists predict that the UK would enter a recession...
(VOVworld) – Suspended Brazilian President Dilma Rousseff dismissed her entire cabinet a couple of hours after the Senate voted to back her impeachment trial
(VOVworld) – Greek Prime Minister Alexis Tsipras has accused international creditors of trying to “humiliate” Greece and called on the EU to reconsider its support for the harsh reform proposals laid out by...
(VOVworld) – The economic challenges that Latin America faces are not trivial amid decreasing raw materials’ prices, the International Monetary Fund (IMF)’s deputy chief David Lipton said at a high...
Data from Eurostat, the European Union's statistics office, on Wednesday showed that the Eurozone’s GDP grew 0.3% in the second quarter, ending its longest recession since its...