The Organisation for Economic Cooperation and Development upgraded its global economic forecast for 2020 as output picked up swiftly following the easing of coronavirus confinement measures and the initial re-opening of businesses. According to the interim economic outlook report, released Wednesday, the global economy will shrink 4.5 percent this year instead of 6 percent fall estimated in June.
Read Full Story
- Dollar Continues To Rise On Safe-haven Demand - September 23, 2020
- Eurozone Private Sector Stagnates On Virus Resurgence - September 23, 2020
- UK Private Sector Recovery Loses Momentum In September - September 23, 2020