The UK’s hospitality sector has taken a dramatic financial hit since they were ordered to close down in the month of March.

UK: Cafes struggle to stay afloat

India's finance minister Nirmala Sitharaman said, Five pillars of "Atmanirbhar Bharat" include - economy, infrastructure, system, demography and demand.

Indian government outlines economy revival plan

The World Health Organisation has warned that coronavirus may never go away and the people will have to learn to live with it.

WHO: Coronavirus may never go away

As a Coronavirus pandemic is staring a path of world economies, we are certainly staring at a devastating recession. Fears are growing that the worldwide economic downturn could be deep and lengthy with recovery limited by continued anxiety.

COVID-19: How much will the global economy lose?

The European Union has pushed for gradual reopening of internal borders, which are shut due to the coronavirus pandemic.

EU recommends restarting summer travel amid COVID-19 crisis

New Zealand has been applauded for the way it handled the coronavirus pandemic. As no new cases were reported for two days, New Zealand has decided to reopen its economy and let people return back to their day-to-day life.

New Zealand: Mayor bungee jumps to promote tourism

The airline industry has been hit hard by the pandemic while restrictions have started to ease many airports are resuming services, one such is Germany’s busiest airport Frankfurt.

Covid-19: Frankfurt airport boosts safety measures

Aircraft maker Boeing has been awarded two defence contracts worth more than 2 billion dollars for the delivery of 1000 missiles to Saudi Arabia.

Saudi Arabia to receive over 1000 missiles

In this segment, WION had an exclusive conversation with Dr. Arindam Basu, Associate Professor, Canterbury University, New Zealand, over the Coronavirus crisis. Where he talks about how News Zealand is seemingly the brightest spot in the world at the moment.

Exclusive: Dr. Arindam Basu, Associate Professor, Canterbury University, New Zealand Speaks to WION | Full Interview

With the governments imposing large-scale restrictions on economic activities to halt the spread of coronavirus, the global economy has come to a virtual standstill. A report by the United Nations Department of Economic and Social Affairs has projected that the world economy is set to lose nearly $8.5 trillion over the next 2 years.

UN Predicts slowing down of India’s growth

Covid-19: EU’s big push for lifting restrictions

Half of over 5,000 households surveyed in rural areas of 12 states have been eating fewer meals during the coronavirus lockdown, a PTI report said quoting a survey.

50 per cent of surveyed households in rural India eating less due to COVID-19 lockdown

Signalling the countries biggest economic crash in more than a century. Brazil’s government has lower its 2020 economic outlook forecasting a gross domestic product contraction of -4.7%. The new forecast based on coronavirus damage.

COVID-19: Biggest fall in Brazil’s GDP since 1900

The origin of the coronavirus has become a matter of intense debate. The World Health Organisation (WHO) has asked countries to retest samples from Dec and Jan to determine whether the transmission of the virus happened much before it came to the world's notice.

Did the COVID-19 virus spread long before detection?

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