The fracking trade depends on unfavorable rates of interest to persuade traders that they are going to lose cash slower than simply holding money, says Max Keiser of RT’s Keiser Report. ...
UK gross home product (GDP) fell two p.c within the first three month of the 12 months, in keeping with information from the Workplace for Nationwide Statistics, signaling the primary direct influence of Covid-19 on the economic system. ...
The coronavirus pandemic may chop almost 10 p.c off world gross home product (GDP), the Asian Improvement Financial institution (ADB) predicts, greater than doubling its earlier forecast. ...
Germany’s economic system shrank by 2.2 p.c within the first quarter in comparison with the ultimate three months of 2019, preliminary official statistics have proven. It’s the most important hunch in a decade for Europe’s largest economic system. ...
Russian President Vladimir Putin has lifted a lot of Russia’s coronavirus (Covid-19) lockdown restrictions, however the variety of these contaminated continues to rise to new each day document highs. ...
Coronavirus to shrink Russian financial system by over 5% this 12 months – Moody’s
Posted By Russian Opinion. Under Economy Tags: coronavirus, Economy, Moody's, over, Russian, shrink, this, year
Worldwide score company Moody’s expects Russia’s gross home product (GDP) to drop by 5.5 % in 2020 because the pandemic has resulted within the near-shutdown of the worldwide financial system. ...
The coronavirus pandemic will plunge most of Europe into its worst recession for the reason that 1930s, in keeping with a grim forecast launched by the European Fee. ...
The US Central Financial institution stated this week that it'll widen the variety of native governments from which it'll purchase debt by means of a forthcoming lending program. Greater than 200 municipalities will probably be allowed to take part. ...
Could 1 marked 100 days since Prime Minister Mikhail Mishustin took over the Russian authorities – and the job he now faces has grown a magnitude tougher than the one he accepted. ...
US unemployment set to soar to 30 MILLION as coronavirus pandemic wrecks financial system
Posted By Russian Opinion. Under Economy Tags: coronavirus, Economy, Million, pandemic, soar, unemployment, wrecks
With the US Labor Division set to launch weekly jobless claims figures on Thursday, economists mission that one other three.5 million People have filed for unemployment advantages through the week ending April 25. ...
