Tag: recession

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

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The State of the World Economy at the Beginning of the Great Covid-19 Recession: Historical Landmarks, Analysis and Illustrations

By François Chesnais With the spread of the pandemic at an unexpected speed, particularly in the United States, estimates of the depth of the recession that has started, and of its differentiated impacts in different parts of the world economy have become constantly changed. For several weeks, the relevant benchmark was the economic and financial ….  Read More

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The State of the World Economy at the Beginning of the Great Covid-19 Recession: Historical Landmarks, Analysis and Illustrations

By François Chesnais As a result of the pandemic’s spread at an unexpected speed, particularly in the United States, estimates of the depth of the recession that has started, and of its differentiated impacts in different parts of the world economy have become constantly changed. For several weeks, the relevant benchmark was the economic and ….  Read More

France is expected to experience its worst recession since 1945

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France is expected to experience its worst recession since 1945

The number of confirmed cases of Covid-19 contamination exceeds 1.2 million worldwide, including more than 68,000 deaths. France counts for its part 8,078 dead since the start of the epidemic, the Directorate General of Health (DGS) announced on Sunday, including 5,889 in hospitals and 2,189 in nursing homes and other medico-social establishments. In Italy, the ….  Read More

LIVE - Coronavirus: France towards its deepest recession since 1945, announces Bruno Le Maire

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LIVE – Coronavirus: France towards its deepest recession since 1945, announces Bruno Le Maire

Health All info on Coronavirus: the pandemic that worries the planet COVID 19 – Worst humanitarian crisis since 1945 according to the UN, the Covid-19 continues its way across the planet. This Monday, confinement continues for a good half of humanity, while the United States sees the curves of disease galloping. Follow the latest information ….  Read More

LIVE - Coronavirus: France towards its deepest recession since 1945, announces Bruno Le Maire

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LIVE – Coronavirus: France towards its deepest recession since 1945, announces Bruno Le Maire

Health All info on Coronavirus: the pandemic that worries the planet COVID 19 – Worst humanitarian crisis since 1945 according to the UN, the Covid-19 continues its way across the planet. This Monday, confinement continues for a good half of humanity, while the United States sees the curves of disease galloping. Follow the latest information ….  Read More

Spectre de récession : L’Australie n’est plus “ce pays chanceux”

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Recession Spectrum: Australia is No Longer “This Lucky Country”

Wednesday, March 25, 2020 at 2:04 p.m. -By Omar ER-ROUCH- Canberra – The book “The Lucky Country” by Australian sociologist Donald Horne was published in the 1960s and since then the continent has always carried this happy reputation with merit. But after the ravages of unprecedented bush fires and today the pandemic of the new ….  Read More

The ball of billions to avoid a too brutal global recession

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The ball of billions to avoid a too brutal global recession

“When the house burns down, we don’t count the liters of water we use to put out the fire.” This sentence pronounced last week by Gérald Darmanin, French Minister for Public Accounts, will easily be unanimous. Around the world, states and central banks are joining forces and preparing to massively finance the fight against the ….  Read More