UK economy officially in recession after 20.4% Q2 slump
LONDON — The U.K. economy has officially fallen into a recession after official figures showed it contracting by a record 20.4% in the second quarter as a result of lockdown…
Officially a recession: PH GDP shrank 16.5% in Q2
A general view of the skyline of the financial district of Makati. (AFP) MANILA, Philippines–The Philippine economy contracted by a record 16.5 percent during the second quarter — at the…