Oxford Economics, a UK-based think tank, predicted a global depression in 2020, with the world gross domestic product declining anywhere from 2.8 percent to...
SYDNEY"•Australia’s economy rebounded strongly in the December quarter, growing 1.1 percent to dodge a technical recession on the back of buoyant exports, government investment...
By Louis Genot
RIO DE JANIERO"•The Rio carnival is a celebration of joyful excess but deep recession in Brazil means that samba schools are thinking...
Singapore’s trade-driven economy grew 1.8 percent last year, the slowest pace since the global financial crisis in 2009, after dodging a technical recession in...
RIO DE JANEIRO"•The Grinch—in the form of devastating recession, giant corruption and unpaid salaries—has stolen Rio de Janeiro’s Christmas.
Things are so tight in Brazil’s...
LAGOS"•First it was falling oil prices that plagued Nigeria. Then came inflation, power shortages and a humanitarian crisis in the north.
“Suddenly, we’re a poor...
