Pandemic Could Cause Deepest Economic Recession: World Trade Organization.

Pandemic Could Cause Deepest Economic Recession: World Trade Organization

We face what may well be the deepest economic recession or downturn of our lifetimes: Roberto Azevedo

Geneva:

The COVID-19 pandemic could provoke the deepest recession in living memory, World Trade Organization chief Roberto Azevedo warned Wednesday.

"As we face what may well be the deepest economic recession or downturn of our lifetimes, we should aim to make the most of all potential drivers of sustainable growth to reverse this situation," he told a virtual news conference in Geneva.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)

Comments

Related news

Number of COVID-19 cases confirmed worldwide exceeds 6.

The overall death toll is 375,683 people, while 2,697,873 coronavirus patients have already recovered.

1 2

Hong Kong People Aim To Mark Tiananmen Square Anniversary Despite Ban.

Many Hong Kong people will find their own way to mark the 31st anniversary of Chinese troops opening fire on protesters in and around Tiananmen Square, after an annual candlelight vigil was cancelled...

UK would veto Russia’s return to G7

Boris Johnson's spokesperson says UK will not support move unless Moscow "ceases aggressive and destabilizing activity."

4 police officers shot during George Floyd protests in St.

It was unclear who had fired the shots.

2 122

Plane Carrying Iranian Professor Jailed In US Has Taken Off: Minister.

An Iranian professor imprisoned in the United States after being acquitted of stealing trade secrets has left the country and is on his way back to Iran, Foreign Minister Mohammad Javad Zarif said in...

By continuing to browse World News (UAZMI), you acknowledge that you have read the Terms of Use and agree to the use of cookies