Japanese economy grew at annualized rate of 21.4% in July-September quarter after two consecutive quarters of contraction due to the pandemic, driven by rise of private spending and exports. 2020-11-17
The International Monetary Fund reaches an agreement with the government of Ecuador to lend $6.5 billion to help fund the country's economy amid the pandemic and the subsequent fall in oil prices and finalize a debt restructuring deal with its international investors. 2020-08-28
The S&P Global Ratings downgrades Lebanon's credit rating for its external debt to "selective default" (SD), following defaults due to the resignation of the government in the aftermath of the August 4 explosion in Beirut and the implementation of a two-week lockdown from August 18 following a surge in infections. 2020-08-21