Johnson handing the Foreign Office control of the aid budget signals a change of priorities
With FCO spending focused on middle-income trading partners, the world’s poorest countries may end up with less
BP expects to take $17.5bn hit due to coronavirus writedown
Oil company says it may be forced to leave some of its fossil fuel discoveries in the ground
The Guardian view on the global crisis: where is the rescue and recovery plan?
Editorial: The vacuum left by the G20 will leave the world’s poorest nations battered by Covid-19 and with a fraction of the wealth required to revive themselves
Stock markets fall heavily as another 1.5m Americans claim benefits amid Covid-19 crisis – as it happened
Live, rolling coverage of business, economics and financial markets as gloomy central bank forecasts make investors wary
Anger at huge shareholder payout as US chain Kohl’s cancels $150m in orders
Retailer paid $109m in dividends just weeks after cancelling clothing orders, leaving suppliers in Bangladesh and Korea facing financial crisis
Looming recession poses second global embarrassment for UK
First coronavirus, now the OECD says Britain will top the developing world’s recession league table. Here’s why
UK economy likely to suffer worst Covid-19 damage, says OECD
Forecast slump in GDP of 11.5% will exceed falls by France, Italy, Spain and Germany
World Bank warns Covid-19 pandemic risks dramatic rise in poverty
As many as 90% of the 183 economies are expected to suffer from falling levels of GDP in 2020
Angela Merkel has become the spend, spend, spend chancellor
With its €130bn stimulus package, Germany is showing others how to do the recovery
The Guardian view on Covid-19 and cults of strength: the weakest response
Editorial: Trump, Bolsonaro and Putin have taken a cynical political gamble with the lives of citizens
Dawn of Asian century puts pressure on EU to choose sides, says top diplomat
EU foreign affairs chief says end of US-led global system may have arrived and Europe needs robust strategy for China
Australia unnecessarily exposed itself to Beijing’s fury, but relying on the US now is risky
Australia has mishandled the inquiry into Covid-19, but it is in uncomfortable and unfamiliar territory
UK economy set for slow rebound from ‘unprecedented slump’
Coronavirus and looming Brexit means recovery ‘measured in years, not months’, says survey
WTO reports big slump in global trade as coronavirus takes toll
Impact of pandemic on imports and export expected to continue into second-quarter
Coronavirus fallout to slow global growth in renewable energy
Pace will slow for first time in 20 years with fewer windfarms and solar plants being built but rebound possible in 2021