Tag: economy

Summary of main economic information for Wednesday 15 January 2020

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Australia-Q1 economy shrinks, recession in sight

SYDNEY, June 3 (Reuters) – The Australian economy has contracts in the first quarter when the country was hit by large fires and by the health crisis linked to coronavirus, which has caused business closings and losses jobs, foreshadowing of the first technical recession for three decades. According to data released Wednesday by the National ….  Read More

Le président Moon Jae-in (2e à partir de la g.) prend la parole à la sixième session du Conseil économique d'urgence à Cheong Wa Dae à Séoul, le lundi 1er juin 2020.

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(LEAD) Moon announces “Korean New Deal” plan for “cutting-edge” economy

SEOUL, June 01 (Yonhap) – President Moon Jae-in announced on Monday plans for a series of major government projects, including a South Korean version of the New Deal, to overcome the economic crisis caused by the new coronavirus (Covid -19), by presenting an “avant-garde” vision on economic issues. Moon confirmed the government’s desire for a ….  Read More

Marion Labouré.

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“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

© Reuters.

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Dollar Slips Against Vaccine Hopes As Japan Reopens Economy By Investing.com

© Reuters. By Peter Nurse Investing.com – The US dollar fell at the start of European trade on Tuesday amid optimism about the global recovery, given the positive news regarding a possible coronavirus vaccine as well as the continued reopening of economies , which prompted investors to leave this safe haven asset. At 11:00 am, ….  Read More

COVID-19: the devastating effects on the economy are becoming clearer

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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

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

WEF 2020: Klaus Schwab: "The world is in a state of emergency" - Economy

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Europe: Green light for the most expensive drug in the world – Economy

Novartis has obtained the European green light for the Zolgensma gene therapy (onasemnogene abeparvovec) intended for babies and children with type 1 spinal muscular atrophy (MSA). Its access is now possible in France and should soon be in Germany. There are discussions about its price. Avexis, a Novartis subsidiary that developed this therapy, which is ….  Read More

Coronavirus: in the era of deconfinements, the destructive effects on the economy are becoming clearer

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Coronavirus: in the era of deconfinements, the destructive effects on the economy are becoming clearer

aA Unheard of since 1945: like many other powers, the United Kingdom, which accuses more than 30,000 dead, sees its economy shrinking in unprecedented proportions, with a 14% recession predicted this year by the Bank of England . In France, almost half a million jobs have been destroyed in the private sector and activity remains ….  Read More

Le siège de la Commission européenne, à Bruxelles.

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Coronavirus: EU calls for independent investigation into virus’s origin – Economy

Will demand bend China? The head of European diplomacy deems an independent investigation into the origin of the new coronavirus pandemic necessary and invites China to play a role commensurate with its importance in the world in the fight against this health crisis. “An independent scientific inquiry into the origin of this pandemic is also ….  Read More