recession

Indonesia in Recession after 22 Years

JAKARTHA:For the first time after 22 years, Indonesia has entered recession due to the heavy coronavirus-induced impact on the country’s…

4 years ago

UK Employment Falls by Biggest Quarterly Amount Since 2009

LONDON: The number of people in employment in the UK fell by 220,000 in the three months after the country…

4 years ago

Unemployment Reaches 7.1% in Australia, Worst in Over 15 yrs

CANBERRA: The unemployment rate in Australia reached 7.1 per cent in May and stood at the worst level in more…

4 years ago

US Scientists Warn Social Distancing May Have to Remain till 2022

WASHINGTON: Social distancing measures such as restrictions on public gatherings may have to remain in place intermittently for at least…

4 years ago

COVID-19: World Bank Pledges $12bn in Emergency Aid

WASHINGTON: The World Bank has committed $12 billion in aid for developing countries grappling with the spread of the coronavirus.…

4 years ago

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