Visit RT to read the latest news on the economy. Do not miss the latest updates on the news about the economy, including currencies, such as dollar, euro, ruble, gold, and so on, and oil impact on the exchange rate. Find all the latest news about the priorities for the global economy, including forecasts, trade activity, and more. Check out RT for stories on major events in the economy, such as recessions, declines, crisis, and so on. Get today’s news about the economic shock amid the novel coronavirus pandemia. Turn to RT for today's news on how political and social changes affect the economy. Check out RT for the latest stories on economic policy and more. Stay with RT to be updated on severe economic consequences amid the CoVid-19 pandemia news that has gone viral in the media in recent months. Read experts’ and analysts’ opinions on news about the global economy being paralysed due to the outbreak of the virus, as well as the situation in the world in general.
The German economy continues to contract, losing €15 billion ($16.6 billion) a week due to the recession caused by Covid-19, a new report has said. It warned that it will take at least eight years for the country to recover.
The world’s largest coal-producing country, Russia, plans to increase its output and exports over the next 15 years. Russia’s share of the global coal export market is projected to expand to 25 percent from the current 11 percent.
US stocks are facing a second straight day of losses, after President Donald Trump threatened to unleash a new barrage of retaliatory tariffs on China over the coronavirus crisis.
US President Donald Trump’s renewed attack on Beijing over the coronavirus crisis has sunk the Chinese national currency, the yuan, to a one month-low, while global markets also dipped lower.
The euro area is suffering its worst contraction ever as data published on Thursday showed that the region’s gross domestic product (GDP) shrank by 3.5 percent in the first quarter of 2020 versus the final quarter of last year.
Bond investors have started to debate whether the United States is heading into a deflationary spiral, even after trillions of dollars of stimulus has been injected into the coronavirus-hit global economy.
The spread of the novel coronavirus has been contained in the Czech Republic and the government will continue to cautiously open up the economy, Health Minister Adam Vojtech said on Thursday. The country has seen the number of new cases drop below...
First-time filings for unemployment insurance hit 3.84 million in the week ending April 25, the US Labor Department announced on Thursday.
The International Labour Organization (ILO) has warned that around half of the world’s workforce, or 1.6 billion workers, are at imminent risk of losing their livelihood because of the economic impact of the coronavirus pandemic.