Tag: Global Economy Could Shrink

Economy
COVID-19 impact: Global economy could shrink by 1% in 2020

United Nations: The global economy could shrink by up to 1 per cent in 2020 due to the COVID-19 (coronavirus) pandemic, and may contract even further if restrictions on economic activities are extended without adequate fiscal responses, according to analysis released on Wednesday by the UN Department of Economic and Social Affairs (UN-DESA). The UN-DESA […]

  • Sunday, 18 April 2021
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