Tag: crisis

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Faced with the Covid-19 crisis from a health and social standpoint: Proposal for a budgetary policy for 2020 in Algeria

Abdelghani Bessaha Introduction The Covid-19 pandemic resulted in one of the greatest recessions since the Depression of 1929 due to the policy of containment of 4 billion people and the shutdown of large swathes of the world economy. As a result, the damage is considerable. In mid-April 2020, global growth dropped considerably (between 30-35%), unemployment ….  Read More

Coronavirus Crisis Highlights Critical Moment As China Dominates the West

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Coronavirus Crisis Highlights Critical Moment As China Dominates the West

Posted April 27, 2020 05:00:59 Photo: China’s rise was never going to be without risk. (AP: Susan Walsh, file) This is the calculation we had to have. China’s rise was never going to be without risk. The coronavirus crisis has revealed what should have been obvious: China and the West are on a collision course. ….  Read More

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The pandemic continues to drive the global economy into crisis, Market News

by Jonathan Cable and Leika Kihara LONDON / TOKYO, April 23 (Reuters) – Global economic activity appears to have come close to total paralysis in April because of the measures of confinement and social distancing imposed on half the population of the planet to curb the coronavirus pandemic, show several surveys released Thursday. The pandemic, ….  Read More

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Fears of second wave of job losses as coronavirus crisis hits Australian construction industry | News from Australia

A second wave of job losses from the coronavirus pandemic could hit the Australian economy as construction and construction activity slows and housing projects dry up. Tradies reports residential projects are on hold because homeowners worry about job security and cash flow, unions warn that some larger construction projects are on hold, particularly in New ….  Read More

Global economic crisis due to Covid-19, OECD offers solutions - 7info

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Global economic crisis due to Covid-19, OECD offers solutions – 7info

Experts have said it. It is difficult at this time to assess the economic impact of covid-19 on the world. But the consequences are already being felt in all countries, industrialized states first. They propose to inject 5000 billion to heal the economic wounds caused by the coronavirus in the world. The OECD (Organization for ….  Read More