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Latin America in 2020, a year in review

03:51 Latin America’s diverse political landscape could expect its fair share of crises but, at the beginning of 2020, nobody expected a global pandemic which ravaged the continent’s p

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U.S. economy contracts 4.8 pct in Q1 amid COVID-19 impact

U.S. economic activity in the first quarter contracted at an annual rate of 4.8 percent amid COVID-19 impact, the biggest decline since the Great Recession, the U.S. C

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Nigeria vows to grow non-oil economy as recession bites

​ Nigeria is working hard to grow its non-oil economy as a 2.06-percent decline year on year in second quarter GDP indicates reliance on oil as the bulwark of its economy spells trouble.

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U.S. recession in sight, if not in place

When American households still have vivid memories of struggling to make their ends meet in the worst financial crisis in decades, a new recession is seemingly around the corner.

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Economists warn of recession in U.S.

A very possible recession within the next three years would take place in the United States, economists warned Saturday at a meeting of U.S. governors.