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A man counts a wad of Philippine Peso bills in Makati City, Metro Manila, Philippines September 19,

IMF predicts deeper global recession due to coronavirus pandemic

Although many economies have begun to reopen, lockdowns and social distancing have hit both investment and consumption.

A woman wearing a face mask sits next to a fruit stall at a residential area after the lockdown was

IMF: Europe, Asia risk coronavirus relapse if lockdowns eased too soon

"In charting their path out of this unprecedented lockdown, the economies in Asia and Europe should proceed carefully and resist the urge to do too much too soon and risk a relapse."

Iranian women wear protective masks to prevent contracting coronavirus, as they walk in the street i

Iranian dissidents oppose IMF loan to Tehran’s rulers

The clerical regime has sufficient funds to combat coronavirus, says group.

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