More on reports that the global demand for energy is set to plummet by a record amount...
Category "World"
Oil prices sink as world runs low on storage capacity amid frail demand
Oil prices slumped again on Tuesday amid concern about dwindling capacity to store crude worldwide,...
Global hunger could double due to Coronavirus blow – UN
The number of people facing acute food insecurity could nearly double this year to 265...
Worst economic crisis since 1930s depression- IMF
The coronavirus pandemic will turn global economic growth “sharply negative” this year, the head of...
U.S. weekly jobless claims surge to 3.28 million as coronavirus spurs mass layoffs
The number of Americans filing claims for unemployment benefits shot to record of more than...
World Bank, IMF call for suspension of debt payment
The World Bank Group and International Monetary Fund, with immediate effect, have called on all...
Coronavirus could trigger a global economic recession – Standard Chartered official
The COVID-19 virus, which has brought economic activities in one of the World’s largest economies,...