US gross home product (GDP) fell four.eight p.c within the first quarter of 2020 amid the coronavirus pandemic lockdown, in response to information launched by the Division of Commerce on Wednesday. ...
The loss of life statistics being utilized by supporters of a chronic lockdown, regardless of the prices to our jobs, companies and well being, want cautious and sober evaluation. They increase extra questions than they reply. ...
America has reported over 2,700 new Covid-19 fatalities within the house of a single day, AFP reported, citing knowledge by Johns Hopkins College. The each day dying toll surged because the nation is regularly easing lockdowns. ...
Worst three months in many years: China’s financial system plunges nearly 7% amid coronavirus battle
The world’s second largest financial system, China, took an enormous hit because of the Covid-19 outbreak, in keeping with knowledge from the Nationwide Bureau of Statistics. It confirmed a 6.eight % drop within the first quarter of 2020 from a 12 months earlier. ...
US unemployment may hit 25 MILLION as coronavirus wrecks financial system
Posted By Russian Opinion. Under Economy Tags: coronavirus, could, Economy, Million, unemployment, wrecks
With the US Labor Division set to disclose the variety of weekly jobless claims on Thursday, economists consider one other 5.four million People will file for unemployment advantages, bringing the quantity to over 22 million in a month. ...
The Worldwide Financial Fund (IMF) on Tuesday has dramatically downgraded its outlook on the worldwide financial progress, projecting a pointy contraction for this 12 months amid “exceptionally excessive” uncertainty. ...
Gold value hovering as coronavirus shakes international financial system
Posted By Russian Opinion. Under RUSSIA Tags: coronavirus, Economy, Global, gold, Price, shakes, soaring
Gold has prolonged its rally with costs reaching their highest degree in additional than seven years on investor considerations that the Covid-19 pandemic can have a devastating impact on the worldwide financial system. ...
What is going to occur to India’s economic system if coronavirus lockdown isn’t lifted till Might?
Posted By Russian Opinion. Under Economy Tags: coronavirus, Economy, happen, India's, isn’t, lifted, lockdown, until
With India set to increase the lockdown that was because of finish subsequent week in an effort to stop the additional unfold of Covid-19, world consulting agency McKinsey & Co has warned that the measures might come at an ideal price. ...
Putin proclaims extra measures to help Russian financial system & enterprise amid coronavirus pandemic
Posted By Russian Opinion. Under Economy Tags: additional, amid, announces, Business, coronavirus, Economy, measures, pandemic, Putin, Russian, support
Russian President Vladimir Putin has instructed the federal government and the Central Financial institution to develop a further enterprise help program amid the COVID-19 outbreak. This system must be finalised inside 5 days, he stated. ...
The Financial institution of France stated on Wednesday that the nation’s economic system shrank round six p.c within the first quarter of this yr, its worst efficiency because the finish of WWII. ...
