November 05, 2024 12:21 (IST)
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COVID-19 impact: Recession to hit developing nations, may spare India and China, says UN report

COVID-19 impact: Recession to hit developing nations, may spare India and China, says UN report

New York/IBNS: The world economy will go into recession this year with a predicted loss of global income in the trillions of dollars, causing serious trouble for developing countries, with the likely exception of China and the possible exception of India, as per a UN trade report released on Monday.