Economy5 years ago
US weekly jobless claims hit 17mn as corona crisis deepens
The number of Americans seeking unemployment benefits hits a staggering 17 million as the coronavirus pandemic has brought the United States to a halt.
recession
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Business5 years ago
WTO warns of deepest recession ‘of our lifetimes’
The World Trade Organization (WTO) has warned of a massive recession worldwide following the coronavirus pandemic.
Global battle against coronavirus5 years ago
Coronavirus EU’s biggest test since foundation: Merkel
German Chancellor Angela Merkel says the coronavirus pandemic is the “biggest test” the European Union has faced since its foundation.
Economy5 years ago
IMF chief: 'The world is now in recession '
The IMF chief says the world is in a recession and containment will dictate strength of recovery.
Economy5 years ago
US Treasury warns of 20% unemployment rate over coronavirus
The US Treasury secretary warns that the US unemployment rate could spike to 20 percent due to the escalating coronavirus pandemic.
Economy5 years ago
US mulling ‘sending checks to Americans’
The United States is considering “sending checks to Americans” amid the economic recession caused by the coronavirus pandemic.
On The News Line5 years ago
EU corona recession
The EU is no stranger to bailouts, with the Greeks requiring multiple bailouts from the Eurozone and the IMF in order to survive.
Economy5 years ago
‘Millions of Americans could lose jobs over recession’
More than three million Americans may lose their jobs over recession caused by the spread of the novel coronavirus in the United States, an economist says.
Economy5 years ago
Trump under pressure as recession fears mount over virus
US president Donald Trump’s administration is under pressure amid coronavirus-driven recession fears as stock markets rattled and health officials issued more warnings.
EU5 years ago
EU leaders to hold crisis teleconference on coronavirus
The leaders of the European Union have decided to hold an emergency teleconference in order to coordinate a joint response to the coronavirus outbreak.
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