Cost of pandemic could reach $28trn, IMF warns
Worst crisis since Great Recession
Global growth is expected to gradually slow to about 3.5% into the medium term
The International Monetary Fund (IMF) is forecasting a less severe global recession than in June but has warned the cost of the pandemic could be as high as $28trn.
Gita Gopinath, the IMF's chief economist, described the coronavirus pandemic as the worst crisis as the worst seen since the Great Depression. "This crisis will likely leave scars well into the medium...
More on Economics / Markets
PA360 Digital: High-quality businesses 'likely winners' in post-Covid shock economy
‘What goes down must come up’
UK dividends suffer 49% fall in Q3 - Link
Lowest Q3 payout since 2010
UK inflation jumps as transport costs rise and Eat Out to Help Out ends
CPI rises to 0.5%
Moody's downgrades UK credit rating
Pandemic and Brexit
Josh Pond: Key investor issues arising from US election debates
Polling day set for 3 November
Back to Top
More news
FCA issues data request to 65 advisers over Rolls Royce DB pension scheme
Rolls-Royce to cut 9,000 jobs
Kim Bendall launches outsourcing firm Go Paraplanning
Opened this month
Advisers who would recommend career in financial advice jumps by one fifth - research
Despite concerns over recruiting
John David: MiFID II and the implications for ESG investing
'Disparity in readiness'
Walker Crips acquires client book of adviser MA Heap
Walker Crips Wealth Management, part of Walker Crips Group, has acquired the client book of the financial adviser firm MA Heap.
