Economics
IMF Meets With Global Economy in Historic Recession: Eco Week
- Nobel Prize for Economics is awarded on Monday in Stockholm
- Weekly take on events in the world economy and their fallout
Photographer: Andrew Harrer/Bloomberg
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The guardians of the global economy will gather this week under the cloud of the worst recession since the Great Depression, and a recovery dependent on scientists finding a coronavirus vaccine.
The International Monetary Fund and World Bank will hold their annual meetings, with both calling on the Group of 20 largest economies to extend a freeze in debt payments from the world’s poorest nations that’s set to expire at year end.