global economy
OECD Chief Warns Against Shortening Supply Chains
Gurria predicted a U-shaped recovery, and said the idea is to "shorten the lower part of the U as much as…
Recession or Depression, the Key to COVID-19 Crisis Is How Long it Lasts
One optimistic note is that there can be a recovery after a lockdown, such as China's rebound taking place…
IMF: ‘Pessimistic’ Economic Outlook Will Get Worse Before it Gets Better
COVID-19's impact on the global economies could have been worse, but for the amount of liquidity injected in…
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What Will Follow the Coronavirus Crash: V-Shaped Recovery or Double-Dip Recession?
The "anticipated tsunami of small-business bankruptcies could further damage business infrastructure and…
OECD’s Best-Case COVID-19 Scenario: ‘Sharp Slowdown in World Growth’
The adverse impact on confidence, financial markets, travel and supply chains will contribute to downward…
GDP Forecasts Are on the Decline, and COVID-19’s to Blame
U.S. and global GDP estimates, already slowing at 2020's start, have been lowered further after factoring in…
Chinese Economy Could See ‘Intense’ But ‘Short-Lived’ Coronavirus Damage: IHS
IHS Markit economists forecast that the coronavirus outbreak could dent global GDP this year.
What the Global Economy Has in Store for 2020
The bright spots in the global economy are consumer spending and improved financial conditions, IHS Markit's…
Geopolitics Causing Globalization to Evolve Not Weaken, DHL Index Shows
"Rising barriers and uncertainty about future openness are starting to carry significant costs," NYU Stern…
Trump’s Trade War Holds Business Investment Hostage, Bank of America Exec Says
The U.S. and China could re-establish a limited "ceasefire" trade deal in 2020 that could resume once the…
Tariffs Aren’t the Only Culprit Behind Handicapped Global Growth, OECD Says
OECD said bold action is needed to address uncertainty facing businesses and the fundamental changes…
Why Trade Wars Drag Down Global Growth
The interconnection of global supply chains impact global growth when industrial production slows.
WTO Slashes Trade Outlook as US Manufacturing Data Warns of Recession
The U.S.-based September Purchasing Manager's Index fell 1.3 percent to 47.8 percent, the lowest reading…
Textile Industry Grappling With Macro- and Microeconomics to Avoid ‘Downhill Spiral’ as Inflation Looms
The U.S.-China trade dispute has led to import tariffs by both countries, putting the domestic textile…
Trade Conflicts Stunting Global Growth and Clouding Outlook, Economists Say
The ongoing U.S.-China trade war has caused the economies of those countries and the rest of the world to…