World Economy News

The Bundesbank reported on Monday that Germany, Europe's economic powerhouse, is teetering on the brink of recession due to a confluence of factors including weak external demand, cautious consumers, and high borrowing costs. The report highlights the country's struggle since Russia's ...

A third of the global economy will be in recession this year, the IMF chief has said, and warned that 2023 will be "tougher" than last year as the U.S., EU and China will see their economies slow down, according to ...

In the last quarter of 2020 we published in The Conversation Spain Welcome to the era of disorder . In that text, Professor Jorge Hernando Cuñado, from Nebrija University, broke down some of the events that were expected to bring instability ...

In its mid-year report released on Wednesday, the United Nations estimates the COVID-19 pandemic to shrink the world economy by 3.2 percent this year, the sharpest contraction seen since the Great Depression in the 1930s. It has forecasted the global economic ...

The total amount of debt owed by countries around the world hit a record high of $250.9 trillion at the end of June. According to a recent report from the Institute of International Finance, a non-partisan think-tank, this figure is estimated ...

March of 2019 could be crucial for the global economy, as a lot of the unclear issues around the world could come to a settlement this month. Here's why: Brexit: If things go as planned and British Prime Minister Teresa ...