Globalisation, which has both fans and detractors alike, is being tested like never before after the one-two punch of Covid and war. The pandemic had already raised questions about the world's reliance on an economic model that has broken trade barriers, but made countries heavily reliant on each other as production was delocalised over the decades.

New world order? Pandemic and war rattle globalisation

France's economy grew at its fastest pace since 1969 last year, official data showed Friday, enjoying a strong rebound from coronavirus lockdowns fuelled in part by massive government support.

'Spectacular rebound' erases French economic crisis: Country sees highest growth in 52 years

The American jobs machine tottered last month, confounding optimistic forecasts of the labor market’s recovery and sharpening debates over the impact of federal pandemic-related jobless benefits on the nation’s workforce.

Job growth slowed in April, muddling expectations

Workers from the beleaguered US airline industry were making a last-ditch public appeal this week to coax more money from Capitol Hill power brokers to save their jobs.

Layoffs loom for beleaguered US airline industry

Chinese cash is turning into kryptonite as all around the world chinese investors are either facing bans or going bust, and the losses are piling up. Chinese companies were on a buying spree right before the novel coronavirus broke out.

Economic distancing: Chinese companies face debts in post-pandemic world

Spain's Economy Minister Nadia Calvino reported that country's economy is expected to see a huge dip in the current year. Country's Gross Domestic Product (GDP) might contract 9.

Spain's crippling economy to contract 9.2% in 2020, warns Spanish government

According to the IMF, the world economy could lose $9 trillion due to the Coronavirus outbreak. WION's Palki Sharma tells you how is the world coping with the economic repercussions of this outbreak.

Gravitas: World Economy could lose $9 Trillion | Coronavirus