Global economic rebound at risk from rising coronavirus cases

There is a high risk the resurgence in coronavirus cases halts the global economic recovery by year-end, according to Reuters polls of around 500 economists, a majority of whom expected the rebound ...

World Bank cuts 2020 GDP forecasts for Georgia, Armenia and Azerbaijan

The World Bank has cut its 2020 economic growth forecasts for Georgia, Armenia and Azerbaijan because of the coronavirus crisis but expects the three South Caucasus nations to recover next year.
CNN

Global economy on track for worst decade since 1960s, World Bank warns

Global economic growth is on track for its weakest decade since the 1960s, according to a new analysis by the World Bank, which cites President Donald Trump’s trade war as a major factor weighing on ...

IMF chief says global economy doing 'better than feared,' downside risks dominate

The world economy has proven more resilient than expected despite acute strains from multiple shocks, the head of the International Monetary Fund said on Wednesday, forecasting only a slight slowing ...
Wall Street Journal

World Bank Sees U.S. Growth Rate Halving as Tariffs Slow Global Economy

WSJ’s Deputy Finance Editor Quentin Webb explains how trade talks have been impacted by legal challenges to President Trump’s tariffs. Photo: Carlos Barria/Reuters and Callaghan O’Hare/Bloomberg ...
Wall Street Journal

Powell Steers New Strategy for a World Where Very Low Rates Are No Sure Thing

Federal Reserve Chair Jerome Powell said the economy may be entering a period of ‘more frequent’ supply shocks. Photo: Jim Watson/AFP/Getty Images Federal Reserve Chair Jerome Powell said the central ...