Fergal O'Brien

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Covid-19 Wipes Out An Estimated 500 Million Jobs Worldwide

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Worse-than-expected job losses will lead to rising inactivity and inequality.

Virus Plunges Euro-Area Into Deep Recession

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Spain took the biggest hit, shrinking 18.5%, while French and Italian output also dropped by double digits.

Green Shoots Emerge In World Economy As Virus Lockdowns Ease

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Slowly but not surely, the world economy is emerging from its coronavirus-enforced hibernation.

Recession Looms In Europe As France Calls For Massive Response

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Economists at Morgan Stanley and Berenberg expect the euro-zone GDP to shrink in the first half of the year.

Global Trade Suffers First Full-Year Drop Since Financial Crisis

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Global trade declined for the first time in more than a decade in 2019 - and hopes for a better 2020 have faded with the rise of coronavirus.

U.S. Loses Top Spot To Singapore In Competitiveness Rankings

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A report cited a decline in U.S. trade openness and uncertainty among business leaders.

Recession Warnings Pile Up For The Battered Global Economy

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The downturn is ramping up pressure on governments to step up to the plate with fiscal stimulus.

Populists, Authoritarians Run 70% Of World's Biggest Economies

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Major factors have been Trump's election victory and the growth of China's economy.

Global Economy Hits Its Weakest Spell Since Financial Crisis

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There are, however, signs of stabilization in China.

Credit Suisse Says It's Time To Feel Sorry For The Millennials

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Younger age groups are suffering from low wealth and a run of bad luck, the bank says.

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