IMF right about keeping Covid support going but on debt relief it’s crumbs
Ultra-low interest rates mean wealthy countries can continue to spend, a luxury the poorest cannot afford
WTO rules EU can apply tariffs on US goods as trade war deepens
Latest ruling could inflame trade tensions from long-standing Boeing-Airbus dispute over subsidies
IMF estimates global Covid cost at $28tn in lost output
World economic outlook says 2020 impact is less than thought but there will be deep scars
Deal on cross-border tax needed to save economies ravaged by Covid-19, says OECD
Fears that poorest countries will be worst hit if a trade war erupts due to talks failing
World Bank calls for debt relief programme as amounts owed hit record levels
Debt of 73 low-income countries at end of 2019 was up 9.5% on previous year
IMF and World Bank must act fast after Covid caught policymakers napping
Tide went out for global economy in 2020 and just about everybody was caught skinny-dipping
Further 150m people face extreme poverty by 2022, warns World Bank
Covid-19, climate crisis and war combine to reverse decades of progress on raising living standards
IMF chief says world economy faces long ascent from Covid crisis
Kristalina Georgieva warns against premature withdrawal of government measures
Creditors must wake up fast to threat of emerging market debt crisis
Zambia could become the first country to default on its debts amid the fallout from Covid-19, but it won’t be the last
World Bank announces $12bn plan for poor countries to buy Covid vaccines
Initiative aims to ensure low-income countries are not frozen out by rich nations
China’s industrial profits lift markets; Uber wins London licence; pound rallies – as it happened
Rolling coverage of the latest economic and financial news
Coronavirus pandemic has wiped out $3.5tn in work income, says ILO
UN body figures show people in Americas and lower to middle-income nations hardest hit
UN warns of lost decade without Covid economic recovery plan
Austerity policies will choke off recovery and risk a double-dip recession, says Unctad
Lack of Covid help for poor countries will haunt west, says UN aid chief
Sir Mark Lowcock fears impact will fuel grievances, conflict, instability and refugee flows
Governments should avoid Covid spending cuts and tax rises, says OECD
In report on global economy, thinktank suggests extra borrowing is needed into 2021