With its economic health in the doldrums, Modi is lifting restrictions – as the death toll mounts.
The World Bank's report projects that growth in China and other East Asian-Pacific countries will slow to 2.1 precent this year from 5.8 percent in 2019 under a “baseline” forecast in which economic recovery takes hold this summer.
Lockdowns and containment policies are expected to have a massive impact on GDP across the globe, with many countries introducing bailout measures to prevent economic meltdown.
Major US indices ended at records for the third straight day following better-than-expected reports on economic growth and durable goods orders.
Post-election Turkey provides a great opportunity for the country to move from an emerging economy, to a fully industrialised nation.
The lowest rates of unemployment in almost two decades are accompanied by forecasts of a 4 percent economic growth in the US despite fears of a looming trade war.
The African continent due to colonialism and war has struggled to industrialise, yet, without a strong manufacturing sector it will fail to emerge as a powerful entity.
The news could not have come at a better time for Brazilian President Michel Temer, who is battling a corruption scandal.
Slowing growth and rising debt prompted Moody's credit-rating agency to issue the downgrade. Falling investment and a fast aging population are other factors that contributed to the revision.
IMF says economic growth in sub-Saharan Africa will likely slow in 2016 to its weakest in 16 years due to slump in commodity prices, Ebola outbreak and drought
IMF reduces world growth forecast due to political risks and possibility of 'Brexit'
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