The World Economic Situation and Prospects Monthly Briefing is prepared by the Global Economic Monitoring Branch of UN DESA’s Economic Analysis and Policy Division.

The World Economic Situation and Prospects Monthly Briefing is prepared by the Global Economic Monitoring Branch of UN DESA’s Economic Analysis and Policy Division.

This week the Wold Bank released its June 2020 Global Economic Prospects report with a grim headline: COVID-19 to Plunge Global Economy into Worst Recession since World War II.

The global economy is expected to shrink by about 5.2% in 2020 as a result of the coronavirus pandemic, making it one of the four most severe downturns in 150 years, the World Bank said Monday.

World Economic Outlook, April 2020: The Great Lockdown April 6, 2020 Description: The COVID-19 pandemic is inflicting high and rising human costs worldwide, and the necessary protection measures are ...

And the US government’s partisan gridlock over the debt ceiling is far from resolved. All of that has the global economy in a vise grip that we won’t be free of anytime soon.

Stock and commodity prices on the wall of the Australian Stock Exchange in Sydney as Prime Minister Scott Morrison speaks on Sept. 2, 2020. (Ryan Pierse/Getty Images) Global attitudes about the state ...

Did the pandemic destroy the world economy as much as we think. That depends on who you ask. Barclays Capital economists, led by Christian Keller, say no. “The pandemic is not over, but ...

News 2020 Predictions for the Global Economy and Markets Here are our predictions for 2020 as a dynamic 2019 comes to a close.

SIX MONTHS into the pandemic, short-term forecasts of the global economy are looking slightly less gloomy. But the long-term outlook remains bleak. In its latest World Economic Outlook, published ...

Fast forward to 2020 and China has emerged as a major global power, its single-party rule and state-dominated economy the cause of alarm in foreign capitals—and pride in Beijing. By 2035, Bloomberg ...

And the US government’s partisan gridlock over the debt ceiling is far from resolved. All of that has the global economy in a vise grip that we won’t be free of anytime soon.