Tag: Global recession 2020

Wuhan lab intern accidentally leaked Covid-19 virus: US media

US President Donald Trump on Wednesday acknowledged Fox News report that the novel coronavirus (nCoV) may have been accidentally leaked by an intern working at the Wuhan Institute of Virology in China. The Fox News in an exclusive report based on unnamed sources has claimed that though the virus is a naturally occurring strain among […]

Entire India Cheers to Modi’s ‘Light up Diya’ Call

As a gesture and acknowledgement to all those who are on the frontlines in the battle against the COVID-19 outbreak, Indians came together for a nine-minute show of solidarity at 9 pm on Sunday. On the request of Prime Minister Narendra Modi, people across the country switched their lights off, coming out on their rooftops […]

Global recession on its way to hit 2020?

A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. However, the National Bureau of Economic Research (NBER), defines a recession as a significant decline in economic activity spread across the economy, lasting more than a few months, normally visible in real GDP, real income, […]