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Foreign Correspondents

Ep.193 - Global economic outlook for second half of 2020

World Ch. Schedule : TUE 22:30 KST

Date : 2020-07-09

Foreign Correspondents Ep.193
Global economic outlook for second half of 2020

The global economy is facing growing uncertainties amid lockdowns and renewed trade tensions between the U.S. and China. In its latest forecast, Fitch Ratings raised South Korea’s growth outlook for this year from –1.2 percent to –0.9 percent. The upward revision took into account South Korea’s effective handling of the COVID-19 outbreak and overall positive economic indicators as well as the government’s additional stimulus program, according to the credit rating agency. Other financial institutions have also released their growth projections, which depicted a relatively positive outlook for South Korea. In this week’s edition of Foreign Correspondents, we sit down with our panel of journalists to talk more about what these numbers mean for the global and Korean economy.

Panelists
- Yang Chien-Hao / Freelance Journalist
- Andrew Salmon, Correspondent / Asia Times
- Andres Sanchez Braun, Journalist / EFE

Skype Interview Guests
- Christian de Guzman, Senior Vice President / Moody’s Sovereign Risk Group
- Fabian Kretschmer, China Correspondent / Die Tageszeitung

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