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Global economy in its steepest slowdown since 1970, says World Bank

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World Bank sees rising risk of global recession in 2023 On Thursday, the World Bank said that the global economy is in its steepest slowdown...

World faces increasing risk of recession in next 12 months, warns...

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Global economic outlook has 'darkened significantly': IMF The outlook for the global economy has "darkened significantly" in recent months, the head of the International Monetary Fund...

Despite Yellen’s soothing comments US Stocks are in correction territory

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(New York) Federal Reserve Chair Janet Yellen indicated that the option of further interest rate hikes was open, but the process of flagging risks could...

World Bank tones down growth for 2016, but cites India as...

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Washington Weak growth among major emerging markets with only the South Asia region, led by India, projected to be a bright spot, will weigh on...

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