The euro space is struggling its worst contraction ever as information revealed on Thursday confirmed that the area’s gross home product (GDP) shrank by Three.5 % within the first quarter of 2020 versus the ultimate quarter of final 12 months. ...
Europe’s main financial system, Germany, is bracing for a painful fallout from the coronavirus disaster that's prone to end result within the nation’s deepest recession within the post-war period. ...
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. ...
Michel D'Hooghe has instructed followers and governing our bodies to overlook restarting aggressive soccer earlier than a vaccine for Covid-19 is discovered, warning that the "most dramatic scenario" for the reason that final world warfare is "not a matter of cash." ...
After hitting their lowest degree since 1998, US oil costs crashed under $ 10 per barrel on Monday because the coronavirus pandemic cripples international vitality demand, sparking considerations that storage amenities will quickly be full. ...
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. ...
New York Governor Andrew Cuomo is extending his state’s social-distancing measures to Might 15, together with unspecified “different states,” whereas claiming his insurance policies have labored to gradual the unfold of the coronavirus. ...
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. ...
With the world battling the Covid-19 pandemic, the "woke" royal couple are busy plotting the subsequent a part of their empire. Britain’s ...
THE UK has surpassed coronavirus-ravaged Italy's deadliest day after 938 Brits died from the illness - taking the grim whole to over 7,000. Constructive instances within the UK have additionally hit 60,733 - up from 55,242 infections yesterday. The Division of Well being in the present day confirmed a complete ...
