Japan slides into recession — with forecasts of worse to come
TOKYO — Japan dived into its first recession since 2015, according to official data Monday, with the world’s third-largest economy shrinking by 0.9 percent in the first quarter as it…
UN forecasts pandemic to shrink world economy by 3.2%
UNITED NATIONS — The United Nations forecast Wednesday that the COVID-19 pandemic will shrink the world economy by 3.2% this year, the sharpest contraction since the Great Depression in the…
EU forecasts ‘recession of historic proportions’ this 2020
A man wearing a face mask to protect against coronavirus waits for a train at Schuman metro station during a gradual lifting of lockdown to prevent the spread of the…