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Alexandra Dimitrijevic

Alexandra Dimitrijevic latest

S&P: The World Slides Further into Recession, Economic Recovery Path Uncertain
April 26th, 2020 - 09:30 GMT

S&P: The World Slides Further into Recession, Economic Recovery Path Uncertain

Governments' extended coronavirus-containment measures are pushing the global economy into the deepest recession since the Great Depression, said S&P Global Ratings in a new report. Although the drop in economic activity is expected to be sharp but fairly short, the path to recovery remains highly uncertain in its timing and trajectory until an effective treatment or vaccine are in place, said the report titled "Global Credit Conditions: Rising Credit Pressures ...
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