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. ...
China has seen extra capital move into its inventory markets on account of market dislocations brought on by the Covid-19 disaster. In response to some strategists, that is a part of a longer-term pattern. ...
The worldwide loss of life toll within the Covid-19 pandemic has crossed 300,000, hitting one other darkish milestone because the United Nations voiced considerations that lockdown measures are being lifted too shortly, warning of a “second wave” of the virus. ...
A Second wave of Covid-19 circumstances is a serious threat for the power market, the Worldwide Vitality Company (IEA) has warned. The company raised its outlook for oil demand, which can nonetheless see a file drop this 12 months. ...
The world’s nuclear powers are more and more pouring cash into their atomic arsenals, a brand new report reveals, with Washington main the way in which. The US has additionally exited a significant arms management treaty and deployed a brand new tactical weapon. ...
The rainforest fjords of Southeastern Alaska harbor one of many highest concentrations of lichen variety discovered wherever on Earth, based on a brand new research.
Whereas the world’s second-largest economic system, China, has suffered its first contraction on file as a result of Covid-19 pandemic, some specialists argue the nation has been getting ready for a potential disaster for a very long time. ...
World coronavirus circumstances soar previous 4mn as US accounts for THIRD of confirmed infections – JHU
Posted By Russian Opinion. Under RUSSIA Tags: accounts, cases, confirmed, coronavirus, Global, infections, past, soar, third
The whole variety of those that obtained contaminated with Covid-19 handed one other sombre milestone, surpassing four million, with over 1.three million of these hailing from the US, Johns Hopkins College reported. ...
International power’s historic plunge equal to shedding complete power demand of India
Posted By Russian Opinion. Under Economy Tags: demand, Energy, energy’s, entire, equivalent, Global, historic plunge, India, losing
The Covid-19 pandemic is the largest shock to world power in additional than seven a long time, in accordance with the Worldwide Vitality Company (IEA). The autumn in demand in 2020 is about to dwarf the impression of the 2008 disaster, it stated. ...
World smartphone market suffers largest annual decline in historical past as a result of coronavirus pandemic
Posted By Russian Opinion. Under Economy Tags: annual, coronavirus, decline, Global, history, largest, Market, pandemic, smartphone, suffers
The coronavirus has hit the worldwide smartphone market laborious, sinking worldwide shipments by as much as 13 % within the first quarter of 2020, new knowledge from analyst companies reveals. ...