Analysts watching the evolving economic impact of the novel coronavirus pandemic and the sports world say that bankruptcy could hit many football clubs around the world. The pandemic has resulted in significant loss to commercial revenue for clubs all across… Read More ›
Day: May 14, 2020
32.1% Drop In Japan’s Current Account Surplus In March Due To Pandemic
The impact of the novel coronavirus pandemic on the global economy has resulted in Japan losing out 32.1 per cent of its current account surplus in the month of March due to a slump in export and travel restrictions, said… Read More ›
State Aid By Countries ‘Unlevelling The Playing Field’ In Europe, Warns EU Commission President
Companies in the richer European countries such as Germany are being given an unfair advantage because of the relaxing of the state aid rules of the European Union, said European Commission president Ursula von der Leyen, while calling for an… Read More ›
Insurers Reveal Extent Of Coronavirus Related Insurance Claims
Insurance market Lloyd’s of London has said it expects insurance claims from coronavirus related issues to be between $3bn and $4.3bn. That would be the highest insurance claims since the Twin Tower attacks on 11 September 2001 in the US…. Read More ›