{"id":13091,"date":"2020-03-29T07:23:59","date_gmt":"2020-03-29T07:23:59","guid":{"rendered":"https:\/\/www.gkseries.com\/blog\/?p=13091"},"modified":"2020-03-29T07:24:02","modified_gmt":"2020-03-29T07:24:02","slug":"global-economy-has-now-entered-a-recession","status":"publish","type":"post","link":"https:\/\/www.gkseries.com\/blog\/global-economy-has-now-entered-a-recession\/","title":{"rendered":"Global economy has now entered a recession"},"content":{"rendered":"\n<p>The International Monetary Fund clear that the global\neconomy has now entered a recession that could be as bad or worse than the 2009\ndownturn. IMF reported the 189-nation lending agency was forecasting a recovery\nin 2021, saying it could be a &#8220;sizable rebound.&#8221; But this would only\noccur if nations succeed in containing the coronavirus and limiting the\neconomic damage.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.gkseries.com\/blog\/current-affairs-quiz-2019-daily-gk\/\" target=\"_blank\" rel=\"noreferrer noopener\"><strong>Daily Current Affairs Quiz 2020<\/strong><\/a><\/p>\n\n\n\n<p>IMF had warned that 2020 world growth would be below the\n2.9% rate seen in 2019. The organization stopped short of predicting a\nrecession. Trade wars pushed global growth last year to the lowest rate since a\n0.7% contraction in 2009. Also, it forecasted a recovery in 2021.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The International Monetary Fund clear that the global economy has now entered a recession that could be as bad or worse than the 2009 downturn. IMF reported the 189-nation lending agency was forecasting a recovery in 2021, saying it could be a &#8220;sizable rebound.&#8221; But this would only occur if nations succeed in containing the [&hellip;]<\/p>\n","protected":false},"author":13,"featured_media":13092,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[914],"tags":[],"offerexpiration":[],"class_list":["post-13091","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-current-affairs-march-2020"],"_links":{"self":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/13091","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/users\/13"}],"replies":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/comments?post=13091"}],"version-history":[{"count":1,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/13091\/revisions"}],"predecessor-version":[{"id":13093,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/posts\/13091\/revisions\/13093"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media\/13092"}],"wp:attachment":[{"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/media?parent=13091"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/categories?post=13091"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/tags?post=13091"},{"taxonomy":"offerexpiration","embeddable":true,"href":"https:\/\/www.gkseries.com\/blog\/wp-json\/wp\/v2\/offerexpiration?post=13091"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}