Home > World economy to contract at least 6% in 2020: OECD

Business
World economy to contract at least 6% in 2020: OECD

Description

The global economy will contract at least six percent this year due to economic shutdowns to contain the coronavirus outbreak, the OECD (Organisation for Economic Co-operation and Development) said Wednesday. SOUNDBITE

Added on the 10/06/2020 11:36:52 - Copyright : AFPTV - First images

To customise your video :

Or Create an account

More videos on the subject

  • Indonesia's economy to contract by 0.6% to 1.7% in 2020

    Depok, Dec 15 (EFE/EPA).- The Indonesian government predicts that the nation's economy will contract between 0.6 and 1.7 percent this year, before rebounding to an estimated five percent growth in 2021. (Camera: BAGUS INDAHONO).SHOT LIST: WORKERS COOK AND DRY CRACKERS IN A FACTORY IN DEPOK, WEST JAVA, INDONESIA.

    15/12/2020 - EFE Inglés
  • Chinese economy will grow 1.6% in 2020, 7.9% in 2021: World Bank

    Beijing/Shanghai, Jul 29 (EFE/EPA).- China's economy will grow 1.6 percent this year but will expand 7.9 percent next year, according to projections in the latest World Bank report, published Wednesday.Although the forecast for 2020 will be the smallest growth since 197, growing 7.9 percent in 2021 would signify the fastest pace since 2012, taking into account that the GDP growth rate is measured in year-on-year terms and that in 2011 it had been 9.6 percent. (Camera: WU HONG / ALEKSANDAR PLAVEVSKI)FOOTAGE SHOWS B-ROLL OF SHANGHAI AND BEIJING, CHINA.

    29/07/2020 - EFE Inglés
  • OECD sees lower world growth, soaring inflation due to Ukraine war

    The world's economic outlook is "much more pessimistic" as a result of the war in Ukraine, warns Secretary-General Mathias Cormann, as the OECD slashes its 2022 growth forecast and projects higher inflation. SOUNDBITE

    08/06/2022 - AFPTV - First images
  • IMF boosts 2021 global growth estimate to 6%

    The International Monetary Fund's World Economic Outlook now sees world growth of 6.0 percent this year after the contraction of 3.3 percent in 2020 amid the Covid-19 pandemic, IMF chief economist Gita Gopinath says. SOUNDBITE

    06/04/2021 - AFPTV - First images
  • IMF estimates world economic growth of 6% in 2021

    Washington, Apr 6 (EFE / EPA) .- (Camera: Shawn Thew) The global recovery is accelerating and the International Monetary Fund (IMF) estimates that the world's economic growth will reach a 6% in 2021 -five tenths more than expected in January-, although it warns that the Covid-19 crisis has left scars in emerging countries such as growing inequality and an increase in poverty.FOOTAGE OF THE INTERNATIONAL MONETARY FUND AND THE WORLD BANK HEADQUARTERS.

    06/04/2021 - EFE Inglés

More videosBusiness

Watch video of The Post-Brexit Recovery Across European Markets Has Stalled With Major Share Indexes Mixed And Safe-haven Demand For Precious Metals Helping The Price Of Silver Surge To A Near-two Year High.  But,  As Sonia Legg Reports, Trading Volumes Were Light Becasue Of The July 4 Public Holiday In The United States. - European shares end post-Brexit rally - Label : Reuters EN -
Business

European shares end post-Brexit rally

04/07/2016 15:56:29

Watch video of BP Slumps To Its Worst Annual Loss In 2015, The British Oil And Gas Company Announces, And Says It Will Cut Thousands More Jobs In The Face Of A Deep Rout In Oil Prices. Hayley Platt Reports - Oil prices drag BP to worst annual loss - Label : Reuters EN -
Business

Oil prices drag BP to worst annual loss

02/02/2016 14:51:34