The FINANCIAL — The coronavirus pandemic represents a very large shock for the global and EU economies, with very severe economic and social consequences. Economic activity in Europe suffered a severe shock in the first half of the year and rebounded strongly
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The FINANCIAL — Oil fell by 5% on Friday after Trump tested positive for coronavirus. It was already in negative territory after a bipartisan deal on U.S. stimulus continued to elude House Speaker Nancy Pelosi and the White House, adding to fears about worsening
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The FINANCIAL — National Statistics Office of Georgia published data of rapid estimates of economic growth. Estimated real Gross Domestic Product (GDP) declined by 5.3 percent in August 2020 YoY. Asian Development Bank’s new report says that Georgia is forecast to return to the
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The FINANCIAL -- Roughly six-in-ten parents with lower incomes said it’s likely their homebound children would face at least one digital obstacle to doing their schoolwork, according to Pew Research. Overall, 38% of parents with children whose K-12 schools closed in the spring
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The FINANCIAL — 2020 is the year Australia technically lost its famous nickname as ‘The Lucky Country’ and fell into recession for the first time in almost three decades. Australia last fell into recession in mid-1990 which ran into late 1991. But the
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The FINANCIAL – The global economic shock of the COVID-19 pandemic has driven most commodity prices down and is expected to result in substantially lower prices over 2020, the World Bank said in its April Commodity Markets Outlook.
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{rating}The FINANCIAL -- Americans' confidence in the U.S. economy has leveled off, with Gallup's U.S. Economic Confidence Index averaging -14 for the week ending May 8. This score is similar to the -15 and -16 found the previous two weeks.
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