Risks of financial accident offers opportunity for investors – strategist
The increasing risk of a major financial accident that causes a market surrendering later in the year as it may…
Browsing Tag
global economy
IMF set to slash economic forecasts, warns of unprecedented crisis
“For the first time since the Great Depression, both advanced and emerging market economies will be in recession in…
Global economy to shrink by at least 6 % in 2020, OECD says
The global economy will contract at least six percent this year due to economic lockdowns to curb the spread of…
Naguib Sawiris: more coronavirus shutdowns will make 2021 another challenging year for…
Egyptian billionaire Naguib Sawiris said on Tuesday that extending coronavirus shutdowns will mean that half the…
Coronavirus to shrink global economy by 3.2% in 2020: UN report
The United Nations (UN) forecast on Wednesday that the coronavirus pandemic will shrink the global economy by 3.2…
Global economic outlook still worsening, will see worst blow since 1930; says IMF’s…
The global economic outlook has darkened further since the IMF forecast last month that it would suffer the worst…
IMF chief economist rules out a fully recovered global economy from coronavirus crisis by…
Global economy, which has been hit hard by the coronavirus pandemic, may not fully recover even by the end of 2021,…
IMF cuts forecast for Egypt’s 2020 GDP growth to 2% due to coronavirus
The International Monetary Fund (IMF) has trimmed its 2020 forecast for Egypt’s real GDP growth to 2 percent as the…
IMF says world will ‘very likely’ experience worst recession since the 1930s
The global economy will this year likely suffer the worst financial crisis since the Great Depression, according to…
World is in a recession thanks to coronavirus: IMF chief
The global economy is now in a recession thanks to COVID-19 yet only a coordinated effort will be able to stem the…
