There is a high risk the resurgence in coronavirus cases halts the global economic recovery by year-end, according to Reuters polls of around 500 economists, a majority of whom expected the rebound ...

The World Bank has cut its 2020 economic growth forecasts for Georgia, Armenia and Azerbaijan because of the coronavirus crisis but expects the three South Caucasus nations to recover next year.

The lender expects world growth to slow to 2.6% this year from 3.6% last year, while it upgraded its U.S. outlook.

Federal Reserve Chair Jerome Powell said the economy may be entering a period of ‘more frequent’ supply shocks. Photo: Jim Watson/AFP/Getty Images Federal Reserve Chair Jerome Powell said the central ...