Tag Archives: Epidemics

IMF Predicts Deeper Global Recession Due To Coronavirus Pandemic

WASHINGTON (Reuters) – The coronavirus pandemic has caused more extensive and profound damage to economic activity than previously thought, the International Monetary Fund said Wednesday, prompting the institution to further cut its global output forecasts by 2020. The IMF said it now expects 2020 global output to shrink by 4.9%, …

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Putin raises taxes for wealthy Russians before voting on his rule

Russia’s President Vladimir Putin delivers a televised address to the nation in Moscow, Russia on June 23, 2020. Sputnik / Alexei Nikolsky / Kremlin via REUTERS MOSCOW (Reuters) – President Vladimir Putin raised the income tax for wealthy Russians and offered new state benefits to families with children on Tuesday, …

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