Recession Archives

Months of COVID-19 restrictions have placed a huge strain on Singapore’s economy, shrinking by 41.2% quarter-on-quarter drop. With two consecutive contractions, Singapore has entered a technical recession. Among the most…

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Cities

Coronavirus Wreaks Havoc On Economic Growth Prospects

June 18, 2020

The world is about to experience the deepest recession in decades, World Bank forecasts reveal. The shocks due to COVID-19 pandemic are expected to plunge the global economy into the…

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How The Coronavirus Market Turmoil Compares To 2008 – And What We Can Do

March 14, 2020

With the Dow having closed in bear market territory last Wednesday, it’s worth looking at where the global economy is now compared to the last time it was in such turmoil.…

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Cities
Lah!

Coronavirus: Are We Heading For A Global Recession?

February 21, 2020

If the deaths caused by the recent COVID-19 outbreak aren’t already enough, there are escalating fears that this will also drive economies to recession. Why would this happen? Simply put,…

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