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Showing 361 - 370 of 1882 results for "GDP"

How wealth management must respond to COVID-19

ELIZABETH MCARTHUR  |  THURSDAY, 16 APR 2020
... the pandemic will continue to worsen. In the event that cases of COVID-19 continue to rise, McKinsey predicts that global GDP growth for 2020 will slow to between 0.5% and 0.9%. A slowing of the spread of the virus over the coming months, alternatively ...

Listed infrastructure mispriced: FSI

HARRISON WORLEY  |  WEDNESDAY, 15 APR 2020
... post-COVID-19 world will see personal, corporate and government debt burdens significantly higher than before the crisis, GDP recovery will be weak and interest rates will stay low due to these high debt burdens," he said. "We believe the GLI asset class ...

Worse than the Great Depression: IMF

ELIZA BAVIN  |  WEDNESDAY, 15 APR 2020
The International Monetary Fund has predicted Australia's GDP will be -6.7% this year due to the effects of COVID-19. Gita Gopinath, economic counsellor and director of the research department at the IMF, said the pandemic has resulted in a collapse ...

Chief economist update: How deep the global recession?

BENJAMIN ONG  |  WEDNESDAY, 15 APR 2020
... backdrop that led it to take a chainsaw and lopped off 6.3% from its 2020 world economic growth forecast to minus 3.0% from GDP growth of 3.3% predicted only three months earlier. "This crisis is like no other. First, the shock is large. The output loss ...

Chief economist update: BOK holds as infections ease

BENJAMIN ONG  |  TUESDAY, 14 APR 2020
... also fallen to its lowest level since the GFC to 56 in March from 65 in February and 76 in January. As such, the BOK expects GDP growth "to fall considerably below the February forecast of 2.1%, and uncertainties around the future path of GDP growth ...

Australia's AAA rating at risk

ELIZA BAVIN  |  THURSDAY, 9 APR 2020
... level." The ratings change comes after the federal government announced a $320 billion stimulus package, representing 16.4% of GDP. "The government is acting decisively in the national interest to support households and businesses and address the significant ...

Chief economist update: Credit ratings downgrades versus fiscal salvation

BENJAMIN ONG  |  THURSDAY, 9 APR 2020
... manufacturing sector's 10-month contraction deepened further to 44.8. Ergo, despite having the highest government debt-to-GDP ratio (238% as at 2018) in the world, the government has been pushed into spending and borrowing some more - it announced ...

Big banks cop a beating

ELIZA BAVIN  |  WEDNESDAY, 8 APR 2020
... their New Zealand subsidiaries, due to its expectation of a significant economic shock in 1H20. The agency said it expects GDP to shrink in 1H20, with only a modest recovery starting in 2H20 and extending into 2021. "Unemployment is likely to spike sharply ...

Chief economist update: Different contagion, same fiscal policy divide

BENJAMIN ONG  |  MONDAY, 6 APR 2020
... virus doesn't distinguish whether or not a member country has breached the Maastricht criteria limit of 3% deficit to GDP ratio and 60% debt to GDP.

US faces deepest recession on record

ALLY SELBY  |  FRIDAY, 3 APR 2020
... banks US economic forecasts, Bank of America senior US economist Michelle Meyer wrote in a note to the bank's clients that GDP would contract for the next three quarters, declining by 10.4%. "This will be the deepest recession on record, nearly five ...