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The Graphic Truth: How COVID-19 will affect major economies

June 14, 2020
Gabrielle Debinski
and
Gabriella Turrisi

Lockdowns and social distancing restrictions have brought much of the global economy to a halt over the past few months, causing unprecedented levels of joblessness and throwing international commerce into disarray.

As the virus continued to spread throughout the first quarter of the year (there are now cases in at least 188 countries and territories) the IMF updated its original growth forecast for 2020, and the predictions are grim. The world's largest economies – China, the US and the Euro area – are set to experience massive year-on-year contraction. But there's a silver lining: The IMF says that there are signs of a promising economic recovery for these economic regions in 2021. Here's a look at the numbers.

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Mining for peace: can a US-brokered deal end the conflict in the DRC?

U.S. President Donald Trump speaks with Democratic Republic of the Congo's Foreign Minister Therese Kayikwamba Wagner and Rwanda's Foreign Minister Olivier Nduhungirehe on June 27, 2025.
REUTERS

On June 27, the Democratic Republic of Congo and Rwanda signed a US-mediated peace accord in Washington, D.C., to end decades of violence in the DRC’s resource-rich Great Lakes region. The agreement commits both nations to cease hostilities, withdraw troops, and to end support for armed groups operating in eastern Congowithin 90 days.

Why life sciences are critical to national security

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What We’re Watching: Budapest Pride parade, Rwanda and DRC peace agreement, SCOTUS ruling on Trump’s executive power

A woman lights a cigarette placed in a placard depicting Hungary's Prime Minister Viktor Orbán, during a demonstration, after the Hungarian parliament passed a law that bans LGBTQ+ communities from holding the annual Pride march and allows a broader constraint on freedom of assembly, in Budapest, Hungary, on March 25, 2025.
REUTERS/Marton Monus

Hungary’s capital will proceed with Saturday’s Pride parade celebrating the LGBTQ+ community, despite the rightwing national government’s recent ban on the event.

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