Sub-Saharan Africa to fall into recession in 2020, says World Bank
(Reuters) – The rapidly-spreading coronavirus outbreak is expected to push sub-Saharan Africa into recession in 2020 for the first time in 25 years, the World Bank said in a new forecast on Thursday. The bank’s Africa’s Pulse report said the region’s economy will contract 2.1% to 5.1% from growth o»»»
Major rethink of world institutions long overdue, commentator says
The novel coronavirus pandemic could lead to a breakup of the Bretton Woods world order, according to a leading academic and journalist. Martin Jacques, author of When China Rules the World: The End of the Western World and the Birth of a New Global Order, said the existing world order is dependent»»»
Have anything to say about this article?
You can report: fake news, misinformation, error, more information, additional data, etc.Comment