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Economy
Stock Market: Support Extended PostCOVID19 Economic Recovery
Countries enforcing strict quarantine measures have a better chance of protecting citizens’ health and create a stronger economy compared to those lifting them…
Boris Johnson in Working from Hospital Despite COVID-19
The UK Prime Minister said he was in "good spirits" and was leading the government’s efforts to tackle the COVID-19 epidemic despite being hospitalized. According to…
Coronavirus Aftermath Bound To Create New Consumer Habits
The collapsing global economy will prompt people and especially millennials to save more in the future rather than invest, which will positively impact the global…
Start-Ups Must Be Saved from Collapsing by EU Chief
Start-ups might be hit hard by the coronavirus outbreak and the tech lobby groups are urging EU chief to save them. Click here to read more! – Finance Brokerage
European Markets Fluctuate as COVID-19 Remains in Focus
The European markets fluctuated as they reacted to Coronavirus pandemic and related developments in the U.S. and globally. But the energy sector’s performance stood…
S&P Forecasts Steeper downturn in the U.S. and Europe
The negative effects of Coronavirus lockdowns on economic activity will affect not only the annual growth rate of the global economy but also its stability after…
China’s Manufacturing PMI Rose in March | Finance Brokerage
The Chinese official Purchase Managers Index (PMI) was 52.0 - beating expectations of a contraction due to the coronavirus pandemic. Analysts expected it to come at…
FAO: COVID-19 Warns Global Food Security Unless Mitigated
COVID-19 threatens global food security, in an additional blow to a world where some regions are already on the brink of hunger, due to disruptions in agricultural…
Coronavirus Led to Jobless Claims to Soar Past 3 Million
Coronavirus has caused the filed unemployment claims to climb in record numbers, surging more than 3 million in numbers. Click here! – Finance Brokerage
Singapore’s Economy Contracts 2.2% Due to the Pandemic
Singapore's economy shrunk by 2.2% in the first quarter of 2020 compared to the previous year. Authorities also move to downgrade their 2020 GDP forecast as the…
The NCOV continues to spread and further devastate Europe
The UK has finally put its citizens on mandatory lockdown to prevent the exponential spread of Coronavirus in the UK, following a directive from Prime Minister Boris…
Businesses Due to Recover 6 Months After Pandemic Ends
Even as many nations try to bring the public health crisis and supply chain disruption under control, many large companies expect that business will take between 3-6…
How Does China’s Work Resumption Rate Exceeds 70%?
While China is opening up more businesses, economists expect the country to lower its expectations for its GDP growth rate, as the virus might have a long term…
Supply Chains Around the World will Massively Shuffle
Supply chain might see a massive restructuring because of the continuous spread of the coronavirus pandemic. Click here now! – Finance Brokerage
Temporary Halt Causes South Korea Stocks to Drop
Stocks in South Korea fell following fears over the coronavirus pandemic that continues to weigh on investor sentiments. Major markets in the Asia Pacific region…
Pandemic Bonds Investors Stand To Lose $132.5 Million
Not only has the COVID-19 crashed individual economies and the world economy, experts in economic news now say the effects of the virus are targeting people who have…
Some Nations Aren’t Running Enough Coronavirus Tests
WHO officials have criticized some nations saying they are not doing enough to detect and contain the deadly coronavirus. They said WHO not seen urgent enough…
U.S. Economy Hangs by a Thread, After Federal Reserve Move
The U.S. Fed implements last straw cut rates to cushion the economy against Coronavirus, a move that is expected to influence the market positively, despite the…
De Blasio States Coronavirus to be a 6-Month Crisis
De Blasio believes that the coronavirus outbreak would easily be a six-month crisis as he declared a state of emergency for the city. Click here now! – Finance…
Dow Jones and Other Markets Collapse amid Coronavirus
Dow Jones and Other Markets Collapse amid Coronavirus
Several hours after the early Thursday trading session, Dow Jones fell 7.9%, amounting to a nearly 28% loss…