Money Talks

IMF: Global GDP to shrink 4.4% this year | Money Talks


Listen Later

The coronavirus pandemic has caused the most severe global economic downturn since the Great Depression. The International Monetary Fund forecasts global GDP will shrink by 4.4 percent this year and says the economic recovery will be drawn out. It's urging governments to continue taking steps to contain COVID-19, and provide government support to keep their economies ticking. Mobin Nasir reports. Richard Wolff is professor emeritus of economics at the University of Massachusetts and the founder of Democracy at Work. He says the disruption caused by the pandemic has exposed the limits of the capitalist system.
#Coronavirus #GlobalGDP #Inequality
...more
View all episodesView all episodes
Download on the App Store

Money TalksBy TRT World


More shows like Money Talks

View all
Daily News Brief by TRT World

Daily News Brief

43 Listeners

Business in 60 Seconds by TRT World

Business in 60 Seconds

2 Listeners

Bigger Than Five by TRT World

Bigger Than Five

1 Listeners

Nexus by TRT World

Nexus

1 Listeners

Route 66 by TRT World

Route 66

0 Listeners

Compass by TRT World

Compass

0 Listeners

Strait Talk by TRT World

Strait Talk

2 Listeners

Roundtable by TRT World

Roundtable

1 Listeners

Newsfeed by TRT World

Newsfeed

0 Listeners

Off The Grid by TRT World

Off The Grid

0 Listeners