Minister for Finance Paschal Donohoe: ‘It is, of course, impossible, at this stage, to accurately predict the economic cost of the outbreak.’

Minister for Finance Paschal Donohoe has signalled that the Government’s economic forecasts will be cut next month as the coronavirus outbreak is pred(...)

The IMF now expects 2020 growth to come in below last year’s rate. Photograph: Getty

The International Monetary Fund’s managing director, Kristalina Georgieva, has said the organisation it is preparing to cut its global growth forecast(...)

Workers from a disinfection service company sanitize a street in front of a branch of the Shincheonji Church of Jesus the Temple of the Tabernacle of the Testimony where a woman known as “Patient 31” attended a service in Daegu, South Korea. Photograph: Yonhap/Reuters

The coronavirus has infected hundreds of people in Chinese prisons, authorities said on Friday, contributing to a jump in reported cases beyond the e(...)

US president Donald Trump arrives to hold a news conference at the 50th World Economic Forum   in Davos. Photograph:  Jonathan Ernst/Reuters

The organisers may have made sure that they wouldn’t bump into each other but the worlds of Swedish teen eco-warrior Greta Thunberg and Donald Trump, (...)

Cadbury’s moon landing recreation: one small step for chocolate-makers, one sweet treat for mankind. Photograph: Jacob King/PA

Image of the week: Chocolate moon Tomorrow marks 50 years since Neil Armstrong beat Buzz Aldrin by about 20 minutes to become the first man on the mo(...)

Christine Lagarde will be formally appointed in October. Photograph: Erin Schaff/The New York Times

Christine Lagarde is set to be confirmed in October as the next president of the European Central Bank (ECB), after the region’s finance ministers for(...)

 Spanish prime minister Pedro Sánchez and Dutch prime minister Mark Rutte at the start of the  European Council summit in Brussels. Photograph: Olivier Hoslet/EPA

“We are going to witness a very dynamic 24 hours”, a senior EU official warned journalists on Wednesday night of the attempts by EU leaders to agree (...)

Jim Yong Kim, the president of the World Bank, abruptly announced that he will be leaving his post on February 1st

Jim Yong Kim, the president of the World Bank, abruptly announced that he will be leaving his post on February 1st, more than three years ahead of the(...)

Kristalina Georgieva resigned from her role as European Commission vice-president to join the World Bank as chief executive. Photograph: Dominick Reuter/AFP/Getty Images

It has been a difficult few weeks for the European Commission. Still reeling from Britain’s shock decision in June to leave the European Union, the E(...)

 Head of Unesco Irina Bokova   and Bulgarian EU commissioner Kristalina Georgieva  who has replaced Ms Bokova as the country’s candidate to succeed Ban Ki-moon as secretary general of the United Nations. Photograph: Kena Betancur,Emmanuel Dunand/AFP/Getty Images

The race to succeed Ban Ki-moon as secretary general of the United Nations took a fresh turn on Wednesday as Bulgaria nominated European Union commiss(...)

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