Tag: billion

Australian authorities to support tourism after devastating fires

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Australian universities could lose 10 billion euros

Australian universities estimated on Wednesday that losses linked to the absence of foreign students due to the closure of borders to fight the coronavirus could amount to 10 billion euros. The lobbying group Universities Australia stressed that this shortfall will have lasting consequences on higher education establishments, but also on research and innovation. Education represents ….  Read More

Belgium ordered 1.8 billion worth of arms from France last year

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Belgium ordered 1.8 billion worth of arms from France last year

French arms exports fell by nearly 8.6% to 8.3 billion euros in 2019 after a particularly successful year in 2018, and with Europe’s main customers, whose share increased sharply, and the United Arab Emirates (UAE), involved in the conflict in Yemen. Belgium alone has ordered 1.8 billion euros of French armaments last year. “The 2019 ….  Read More

worldwide, $ 120 billion has been released to help the airline industry

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worldwide, $ 120 billion has been released to help the airline industry

Aid provided by states to enable the survival of airlines struck down by the coronavirus crisis reached 123 billion dollars in mid-May, the International Air Transport Association (Iata) announced on Tuesday. Support was allocated in particular in the form of loans (50.4 billion), employment aid (34.8 billion), guaranteed loans (11.5 billion) or capital injection (11.2 ….  Read More

Coronavirus: plus de 120 milliards de dollars d'aides des Etats aux compagnies aƩriennes dans le monde

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Coronavirus: over $ 120 billion in state aid to airlines worldwide

Aid provided by states to enable the survival of airlines struck down by the coronavirus crisis reached 123 billion dollars in mid-May, the International Air Transport Association (Iata) announced on Tuesday. Support was allocated in particular in the form of loans (50.4 billion), employment aid (34.8 billion), guaranteed loans (11.5 billion) or capital injection (11.2 ….  Read More

China fails to set GDP target, pledges more than $ 400 billion to support economy affected by coronaviruses

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China fails to set GDP target, pledges more than $ 400 billion to support economy affected by coronaviruses

The Chinese government has announced nearly $ 430 billion in stimulus funding to help the world’s second largest economy remain stable. Key points: The Chinese economy contracted 6.8% in the three months ending March.The Communist Party has set no growth targets, usually a closely watched feature of government plans. first economy to reopen but struggles ….  Read More

Australian authorities to support tourism after devastating fires

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the shortfall for the economy estimated at 2.3 billion euros per week

By Le Figaro with AFP The Australian government estimated Tuesday about four billion Australian dollars (2.3 billion euros) the shortfall for the Australian economy resulting from restrictions taken to fight the coronavirus, which weigh on consumption. The huge island continent has had undeniable success in the fight against the disease, the number of new infections ….  Read More

Coronavirus: record of deaths on a beaten day in the USA, the covid-19 will cost more than 4 billion euros

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Coronavirus: record of deaths on a beaten day in the USA, the covid-19 will cost more than 4 billion euros

The world crossed the milestone of one million people tested positive for coronavirus on Thursday, a striking figure which testifies to the speed of propagation of the pandemic which sows death and misfortune. Because the economies are devastated, as another dramatic figure illustrates: in a week, 6.6 million Americans lost their jobs. Half of humanity ….  Read More