World Bank says global economy to shrink 5.2%, worst recession since WWI

Per capita incomes are expected to decline by 3.6 per cent, which will tip millions of people into extreme poverty this year

Coronavirus pandemic set to shrink Australian economy in Q1, worse yet to come

If the economy contracts in both the March and June quarters it would be Australia’s first technical recession since the early 1990s

From July 1, employers will have maximum flexibility to decide to bring back employees for a number of days per week

Singapore’s economy shrank 0.7% year-on-year in the first quarter and 4.7% on a quarter-on-quarter

Indian economy already was growing at its slowest pace in six years and with the stimulus measures falling short of expectations

The worst impact will be felt by India's most vulnerable in terms of job loss, poverty increase and reduced per-capita income

Leaders of both countries receive criticism for intensified attempts to reopen their economies

New Zealand finance minister unveils new budget on the same day the nation lifted most of its lockdown restrictions

Nearly 500,000 migrant workers are employed in the US in the H-1B status

A cash-strapped Pakistan government has been implementing austere measures to improve the country's finances amid the ongoing lockdown