Skip to content
Search

Latest Stories

Global Stage AI for Good Summit WATCH RECORDING
News

The Graphic Truth: Top economies falter in first quarter

The Graphic Truth: Top economies falter in first quarter
Make us preferred on Google

In recent weeks, data showing GDP figures for Q1 2020 have started trickling in, painting a grim picture of a global economy in turmoil. Coronavirus lockdowns have reduced both demand and supply of goods and services, pushing many of the world's largest economies into recession for the first time in years. Government-mandated business closures, meanwhile, have reduced the output of once-booming economies across Asia, Europe and the US, prompting an unprecedented rise in unemployment. So, how bad is it? Here's a look at the GDP contractions and unemployment rates for the world's largest economies.

More For You

​US Vice President JD Vance at Emmen Military Air Base, Emmen, Switzerland, on June 22, 2026.

US Vice President JD Vance before boarding Air Force Two, after the US and Iran held high-level talks at the Lake Lucerne Summit, at Emmen Military Air Base, Emmen, Switzerland, on June 22, 2026.

REUTERS/Nathan Howard/Pool
Two years ago, Donald Trump selected a first-term Ohio senator to be his running mate.“I promise you this: I will be a vice president who never forgets where he came from,” JD Vance said to the crowd at the Republican National Convention in July 2024. Months later, he would be the second-in-command, and widely seen as the heir apparent to the Make [...]
​People watch as a Long March 10B carrier rocket takes off from Wenchang Spacecraft Launch Site, in Hainan province, China, on July 10, 2026.

People watch as a Long March 10B carrier rocket takes off from Wenchang Spacecraft Launch Site, before returning vertically to an offshore platform for a controlled recovery, in Hainan province, China, on July 10, 2026.

China Daily via REUTERS
China nets a big win in the space raceIn a scene straight out of Looney Tunes, China on Friday maneuvered a gigantic floating net out into the Pacific Ocean, and used it to catch a rocket booster as it gently descended from the sky after launching a satellite into space. The achievement is no cartoon: figuring out how to reuse massively expensive [...]
Zohran over Bibi?
Natalie Johnson
Le Pen, who leads the National Rally party, can run for president for a fourth time next year in 2027, after the Paris Court of Appeals shortened her ban on holding public office. However, she may have to run under conditions she won’t like: the court ruled Le Pen must wear an ankle bracelet, which she previously said she wouldn’t accept. Le Pen [...]
Ebola death toll tops 600
Farida Dowidar
The Ebola outbreak reached a grim milestone on Thursday. Six hundred people have died in the Congo, according to the country’s health ministry. At the same time, healthcare workers at the center of the outbreak in the Ituri province are striking to protest delays in their wages and bonuses, risking further setbacks to efforts to contain the deadly [...]