The World Bank says collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. The bank said the ...

WASHINGTON — The global economy will come "perilously close" to a recession this year, led by weaker growth in all the world's top economies — the United States, Europe and China — the World Bank ...

While the Fed is projecting growth, four key threats could derail the economy in 2026: policy-driven inflation, "stagflation ...

Cash-strapped Sri Lanka's recovery from its worst economic meltdown remains "uneven and incomplete" with many households yet to regain livelihoods lost during the 2022 crisis, the World Bank said ...