Recent Posts - page 503

• Germany’s Coronavirus Related Stimulus Package Is Far Greater Than All Other Countries

  By admin2 on April 20, 2020 • ( 0 )

  

  According to a conclusion of a new study, much more money, on a relative basis, is being spent by Germany than many other countries such as the United States in its efforts to counter the economic impact of the novel… Read More ›

• Eurozone trade surplus grows in Feb. 2020, imports from China declines

  By admin1 on April 20, 2020 • ( 0 )

  

  In a significant development, the euro zone’s trade surplus with the world grew in February, with imports from China falling sharply. The unadjusted goods trade surplus grew to $25.1 billion (23.0 billion euros) in February, compared with 18.5 billion euros… Read More ›

• China owes Germany at least £130 billion for coronavirus damages: Germany’s Bild newspaper

  By admin1 on April 20, 2020 • ( 0 )

  

  Germany has followed, France, UK and the United States in their search to find the source of the coronavirus following the virus going pandemic and imposing a humongous economic cost on the global economy. Bild, a major German newspaper has… Read More ›

• China faces double whammy from coronavirus infections and African Swine flu, food security at risk

  By admin1 on April 20, 2020 • ( 0 )

  

  On Monday, an official from China’s agriculture ministry stated, its farm production and market operations face significant challenges this year and faces a double threat of imported coronavirus cases as well as African swine fever. During a video conference on… Read More ›

• South Korean economy crawls back to normal, social distancing rules ease up

  By admin1 on April 20, 2020 • ( 0 )

  

  Things are crawling back to normal in South Korea, with South Koreans once again thronging shopping malls, parks and even restaurants as Seoul relaxes social distancing rules midst continued downtrend in coronavirus cases. In recent weeks, a growing number of… Read More ›

• 1.5 trillion euros required for small & medium sized companies for mitigating coronavirus crisis: EU Economics Commissioner

  By admin1 on April 20, 2020 • ( 0 )

  

  In an interview to German magazine Der Spiegel, the European Union’s Economics Commissioner Paolo Gentiloni said, the EU would need around $1.63 trillion (1.5 trillion euros) to mitigate issues revolving around the coronavirus crisis. “The Eurogroup has now made proposals… Read More ›

• Forecast For Global Recession May Be Optimistic, Says IMF Chief

  By admin2 on April 18, 2020 • ( 0 )

  

  For the relatively new managing director of the International Monetary Fund, Kristalina Georgieva, a tricky question is set to cloud clarity of strategy formation – how does a bp0dy such as the IMF co-ordinate economic policy across the world when… Read More ›

• Falling Global Oil Prices To Cause Sharp Decline In US Shale Production

  By admin2 on April 18, 2020 • ( 0 )

  

  The collapse in the global oil prices is expected to reduce the production of shale oil by more than 2 million barrels a day because many of the oil producers in the country have been forced to shut down their… Read More ›

• Select small businesses to reopen in Denmark on Monday, April 20

  By admin1 on April 17, 2020 • ( 0 )

  

  On Friday, in a statement Copenhagen said, Denmark will allow certain small businesses, including driving schools, beauty salons, and hairdressers to reopen on Monday, April 20. The order comes in the wake of lockdown aimed at reining in the footprint… Read More ›

• Global Economy Could Face A ‘Double Recession’ Due To Coronavirus

  By admin2 on April 16, 2020 • ( 0 )

  

  The IMF has already warned that the impending global economic recession because of the coronavirus pandemic is likely to be worse than the 2008 global financial crisis and at par with the Great Depression of the 1930s. . But according… Read More ›

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