IMF: The Corona Crisis has Caused a GDP Gap of About 15 trillion US Dollars to be Filled

Geoffrey Okamoto, the first vice president of the International Monetary Fund (IMF), pointed out on Tuesday (20th) that the global GDP (gross domestic product) gap caused by the new crown…

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The Spanish GDP Fell by 0.5% Between January and March

The Spanish economy contracted again in the first quarter of the year after the Gross Domestic Product (GDP) fell by 0.5% between January and March with respect to the data…

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Indian Goverment Released GDP Figures Growth Rate at 0.4 Percent

After a long time there has been good news on the Indian economy front. According to the data released by the National Statistics Office (NSO) of the Ministry of Statistics…

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Hong Kong’s GDP Declined by 6.1% Last Year the Largest Drop in History

The Census and Statistics Department of the Hong Kong Special Administrative Region Government announced on the 29th that Hong Kong’s 2020 GDP fell by 6.1% year-on-year, not only the largest…

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French GDP Plunged 8.3% in 2020

With the second confinement introduced from October to November, we could fear the worst. But ultimately, the French economy resisted the second confinement better than the first. And in the…

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The ECB Improves its Economic Forecast for the Eurozone by Seven Tenths

The ECB improves the economic forecast for the decline in GDP in the Eurozone for this year to -8%, from -8.7% previously. The update of its inflation and growth forecasts…

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A Record Decline in them the UK Economy

Istanbul/ London- In the UK a record decline in the economy. In the second quarter of this year, GDP fell by 20.4% compared to three months earlier, highlighting the worst…

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The World Economy Facing A Historic Fall

The euro zone recorded a 12.1% drop in GDP in the second quarter, as a result of containment measures. In the United States, containment resulted in a 32.9% GDP collapse….

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Britain’s Debt Levels Exceed 100% of GDP

Data released by the British National Statistics Office (20.06.2020 ) said that public borrowing in the United Kingdom was greater than the entire economy of the country in May. The…

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Brussels will Provide A Stimulus of Only 0.8% Per Year of the European Union’s GDP

The 750,000 million euros of the recovery fund that is still negotiated by Brussels will provide a stimulus of only 0.8% per year of the European Union’s GDP. While European…

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World GDP by Country 1961-2017

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