Covid-19: planes park to sleep
Airlines around the world have cut lines, cut frequencies, and ground most of their fleets. Question: when the airports which serve as the base of the companies are saturated, where are the planes that no longer fly found? In the United States, companies turn to the deserts of California (Mojave), Arizona (Pinal Airport), New Mexico …. Read More
Covid-19 stimulus: Australian government targets giant construction projects and renovations of Business houses
The federal government has opened the door to cash grants for home renovations as part of a new economic stimulus cycle to support Australia’s construction sector. The government has also suggested that it plans to help the struggling arts and entertainment sector, which has been asking for help for months, as many workers missed the …. Read More
Australia Expedites Decision To Lift COVID-19 Restrictions
SYDNEY (Reuters) – The Australian government announced Friday that it will meet a week before the scheduled date to decide to ease restrictions on social distancing as the number of new coronavirus infections decreases and pressure increases to businesses and schools are reopening. FILE PHOTO: People with varying degrees of social distancing line up to …. Read More
New South Wales government abandons redevelopment of Olympic stadium as restrictions on Covid-19 should be relaxed News from Australia
The New South Wales government will abandon its $ 810 million redevelopment of the old Sydney Olympic stadium while the state grapples with the economic fallout from the coronavirus pandemic. Prime Minister Gladys Berejiklian will announce on Sunday that the state government will abandon the redevelopment of the stadium, a key but controversial piece of …. Read More
“Cash is not immune to Covid-19!” Marion Labouré’s tribune – Economy
The Covid-19 pandemic may well be the long-awaited catalyst propelling digital payments to widespread use. Indeed, many experts believe that cash is a vector for the transmission of the virus and the current pandemic is forcing countries to rethink the use of cash. In order to restore confidence, some central banks have made communication efforts …. Read More
COVID-19: the devastating effects on the economy are becoming clearer
The devastating effects of the coronavirus on the economy were clarified on Thursday, prompting many countries, like France, to come out of containment when the pandemic killed more than 264,000 people worldwide. • Read also: All the developments of the pandemic Unheard of since 1945: like many other powers, the United Kingdom, which accuses more …. Read More
Due to Covid-19, the government of Queensland, Australia has suspended its bid to host the 2032 Olympics
Due to Covid-19, the government of Queensland, Australia, recently suspended its bid to host the 2032 Olympics. Queensland Prime Minister Annastacia Palaszczuk has confirmed that the application process has been suspended. “It’s just on hold. There is not much to deduce from this, “Palaszczuk told reporters last weekend. “Right now, we are fully focused on …. Read More
What new economic model for Morocco according to Covid-19?
In the opinion of all the experts, the development model adopted by Morocco for three decades (that is to say since the Structural Adjustment Plan) has run out of breath. Her Majesty underlined this and set up a Commission to review its foundations and propose a new, more effective and more efficient approach. Certainly the …. Read More
Covid-19: Hertz car rental company goes bankrupt
Car rental company Hertz has filed for bankruptcy due to increased debt and slump in demand during the coronavirus pandemic. The company is the latest travel-related company to fall victim to the coronavirus, which immobilized travelers and tourists and resulted in a sharp drop in revenues. “The impact of COVID-19 on travel demand has been …. Read More
Covid-19: “Bankruptcies and layoffs”, the grim predictions of Bruno Le Maire
“There will be bankruptcies and there will be layoffs in the coming months.” Economy Minister Bruno Le Maire expects the economic crisis linked to the coronavirus health crisis to have serious consequences on the French economy. “Many sectors are very hard hit” by the crisis and “even if the economy rebounds, it does not restart …. Read More