(FILES) In this file photo taken on January 17, 2020, Managing Director of the International Monetary Fund (IMF) Kristalina Georgieva speaks in Washington, DC. – The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, Georgieva said on March 27. 2020. (Photo by JIM WATSON / AFP)

IMF chief: ‘Clear we have entered recession’

The coronavirus pandemic has driven the global economy into a downturn that will require massive funding to help developing nations, IMF chief Kristalina Georgieva said Friday. “It is clear that…

Read More
A trader has his head in his hand on the floor of the New York Stock Exchange, Thursday, March 12, 2020. The stock market had its biggest drop since the Black Monday crash of 1987 as fears of economic fallout from the coronavirus crisis deepened. The Dow industrials plunged more than 2,300 points, or 10%. The vast majority of people recover from the new coronavirus. According to the World Health Organization, most people recover in about two to six weeks, depending on the severity of the illness. (AP Photo/Richard Drew)

Worst day on Wall Street since 1987 as virus fears spread

NEW YORK (AP) — The escalating coronavirus emergency sent the stock market Thursday into its worst slide since the Black Monday crash of 1987, extending a sell-off that has now…

Read More
In this March 8, 2020, photo released by Xinhua News Agency, a staff member walks down a corridor of an empty makeshift hospital in Wuhan, central China’s Hubei Province. The makeshift hospital converted from a sports venue was officially closed on Sunday after its last batch of cured COVID-19 patients were discharged. (Xiao Yijiu/Xinhua via AP)

Xi visits virus’ epicenter as fears of recession grip world

BEIJING (AP) — China’s president visited the center of the global virus outbreak Tuesday as Italy began a sweeping nationwide travel ban and people worldwide braced for the possibility of…

Read More
Photo in courtesy of AP

Hong Kong enters recession as protests show no sign of relenting

HONG KONG (Reuters) – Hong Kong has fallen into recession, hit by more than five months of anti-government protests that show no signs of relenting, and is unlikely to achieve…

Read More

Page 1 of 1

Login

Welcome! Login in to your account

Remember me Lost your password?

Lost Password