Global stocks and oil extend gains over hopes of economic recovery
World stocks and oil prices have surged, hopes for a rapid global economic recovery from the coronavirus pandemic and continued support from central banks have helped offset increased geopolitical risks. On Wednesday, at the start of the session in Asia-Pacific, the Japanese benchmark Topix rose 0.6%, the Hang Seng in Hong Kong by 1.2% and …. Read More
Economic sovereignty, you say? – Lesfrancais.press
“Economic sovereignty is no longer a dirty word,” we hear repeated. But what is “economic sovereignty”? The lack of masks during the epidemic would have demonstrated the need to keep “strategic” industries on its territory. Really ? Should we, behind the times of a war, set up mask factories with millions of subsidies? And the …. Read More
Summary of main economic information for Wednesday 27 May 2020
Zurich (awp) – Main economic information of the day, summarized by the ats / awp: CORONAVIRUS: La Poste will halve the rents of its tenants, who are strongly affected by the measures against the coronavirus. In some cases, it will even give it up in order to support small and medium-sized businesses with immediate help, …. 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
Economic crisis: the most protective states
Faced with the major social crisis caused by the almost complete cessation of economic activity, countries are increasing aid even if it means going into massive debt. France is doing quite well despite a real distrust of the government. Overview. This is the flip side. France is among the most generous countries in the world …. Read More
After the economic and health wars, the United States dragged China into a currency war
(Agence Ecofin) – After the economic and health wars, the United States of America (USA) seems to want to lead China to a new front, namely that of the monetary battle. Few people have seen the passing of the fact that the Federal Reserve Bank (FED), the institution that acts as the central bank of …. Read More
America must step up to maintain economic power
The author is the managing director of Bridgewater Associates. These themes are explored in more detail in Texas National Security Review The coronavirus crisis has wreaked havoc on American society and its economy, and heightens long-standing concerns about the future of the country. Policy makers were faced with similar conditions when I was Under Secretary …. Read More
Suspension of China’s meat imports recalls Beijing’s ability to inflict economic hardship
China’s sudden announcement to suspend imports from four Australian slaughterhouses has sparked unease through the federal government. But it was probably not a shock. Australian officials and politicians hoping for an explanation were treated to a predictable play by Zhao Lijian, the famous combative spokesperson for the Chinese Foreign Ministry. Australian abattoirs have been responsible …. Read More
Covid-19 pandemic triggers global economic crisis
The world could experience the most violent economic crisis since 1945 due to the Covid-19 pandemic. We present the indicators for several countries, only the recent data in China raise a glimmer of hope. In the USA, unemployment rate jumped to 14.7% of the active population in April, compared to 3.6% at the end of …. Read More
Indonesia – Australia: Full Economic Partnership Agreement in force in July
The Indonesia-Australia Full Economic Partnership Agreement (IA-CEPA) will officially enter into force in the second half of this year, after the Indonesian parliament completes the national approval process in late 2020. >> Indonesia and Australia to sign free trade agreement Australian Minister for Commerce Simon Birmingham. Photo: CTV / CVN The Office of Australian Trade …. Read More