global economy

Russia holds key to cuts in crucial meeting of OPEC, allies
Business

Russia holds key to cuts in crucial meeting of OPEC, allies

All eyes are on Russia at the gathering of OPEC countries and their allies Friday, with the cartel hoping to…
Governments step up economic response to coronavirus
World

Governments step up economic response to coronavirus

Governments and central banks on Monday stepped up efforts to shield the world economy from the impact of the coronavirus…
Blip or bust: coronavirus economic impact still in doubt
World

Blip or bust: coronavirus economic impact still in doubt

Markets have shuddered as the coronavirus spreads worldwide, but analysts doubt it will plunge economies into a crisis like the…
Stock markets plunge, set for worst week since financial crisis
Economy

Stock markets plunge, set for worst week since financial crisis

Stock markets plunged further Friday, with equities on course for the largest weekly drop since the global financial crisis more…
Virus detected in sub-Saharan Africa, global stocks tank
World

Virus detected in sub-Saharan Africa, global stocks tank

Nigeria reported the first new coronavirus case in sub-Saharan Africa on Friday, as global stock markets tanked on deepening fears…
WHO warns of pandemic risk after virus peaks in China
World

WHO warns of pandemic risk after virus peaks in China

The new coronavirus has peaked in China but could still grow into a pandemic, the World Health Organization warned, as…
Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20
World

Coronavirus puts ‘fragile’ global recovery at risk: IMF to G20

The deadly coronavirus epidemic could put an already fragile global economic recovery at risk, the IMF warned Sunday, as G20…
Virus hits shipping, spreading global economic strain
World

Virus hits shipping, spreading global economic strain

Sea freight transport, the lifeblood of trade and a bellwether of the global economy, has been blown off course by…
Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697
Business

Coronavirus fears drive gold prices up in Egypt, 21k gold at LE697

The price of gold has risen in the Egyptian market during the past couple of days by about LE13, a…
China’s closed: Palestinian traders fear losing a good deal
Middle East

China’s closed: Palestinian traders fear losing a good deal

HEBRON, West Bank (AP) — The West Bank city of Hebron is separated from the epicenter of China’s virus outbreak…
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