First came a global pandemic, then national lockdowns, furloughing, redundancies and insolvencies. A vaccine roll-out and easing of restrictions pointed to better times, but could another problem be headed our way?

As we head towards the worst global recession in 75 years – we look into some of the biggest downturns over the past 150 years – and the billion-dollar companies that were born out of them

At the start of August, the UK was plunged into its deepest recession on record. While this is hardly a surprise, given how COVID-19 has wreaked havoc on the global economy, it has added to the pre-existing level of uncertainty, for both businesses and people.

Nigeria’s economy is set to fall into recession this year. The country’s recovery will depend on solid management, particularly within the banking sector

World GDP grew at its slowest rate for a decade in 2019. If cross-border trade fails to pick up soon, further shocks could see the economy fall into recession

Hawkish observers suggest that the next recession will be more damaging than the previous one, as the current geopolitical environment leaves the world in a far worse position for dealing with the effects of a crisis

A number of prominent business leaders have said that the US economy risks being severely damaged by the on-going political stalemate

South Africa’s economic growth shrank by 0.7 percent between January and March, falling well short of economists’ growth estimates

Major global importers have cut down on Brazilian beef and poultry shipments as the country’s bribery scandal deepens

Australia has extended its growth streak beyond the 25-year mark, avoiding a technical recession by posting positive GDP figures at the end of 2016

Through a mix of smart policy and good fortune, Australia’s economy has managed to dodge recession for 25 years

The IMF’s annual report has announced that Italy may not fully recover from the financial crisis until 2020, suggesting it could undergo a two decade-long recession

New figures reveal that the Japanese economy is not in recession – in fact, it is expanding