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The COVID-19-induced global recession, together with the economic effects of steps taken by the South African government to address the pandemic domestically, has made a challenging situation increasingly untenable.

The coronavirus disease (COVID-19) is attacking societies at their core. The IMF has just reassessed the prospect for growth for 2020 and 2021, declaring that we have entered a recession – as bad as or worse than in 2009.

Monitoring, containing and mitigating the effects of the corona virus are top priorities. Timely and decisive actions by health authorities, central banks, fiscal, regulatory and supervisory authorities can help contain the virus outbreak and offset the economic impact of the pandemic.

The 1997–1998 Asian financial crisis and the 2008–2009 global financial crisis emphasized the need for international cooperation in responding to systemic failure in an increasingly globalized financial system.

Washington DC — Unless urgent rescue plans are employed, nine of every 10 African nations would be living in abject poverty, the World Bank has warned.

Malawi has dropped again three steps down from position 6 last year in 2017 to position 3 this year 2018 as the world most poorest country

Iceland supports India for UNSC seat

BONN, Germany: India is the sixth most vulnerable country in the world in terms of facing extreme weather events with Haiti, Zimbabwe, Fiji, Sri Lanka and Vietnam taking top five positions in the f

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