Analysts say that India-UK bilateral relations will touch a new high in the post-corona world. India is expected to be a priority country for Britain, leading to an improved economic partnership. Based on Britain Meets India report, developed by CII and Grant Thornton Bharat, FDI inflow from the United Kingdom to India for a particular …
India expected to be priority country for Britain Read More »
Economies’ attempts to halt the COVID-19 pandemic’s crippling constraints on their activity and output have boosted global debt to unprecedented levels. Based on the Institute of International Finance announcement, the response to the coronavirus crisis added $24 trillion in public and private sector debt last year, bringing the global total to $281 trillion. The global …
COVID added $24t in public and private sector debt Read More »
When the coronavirus pandemic hit, numerous companies, many of which had survived for more than 50 or even 100 years, had witnessed massive falls and filed for bankruptcy. Let’s look through data of 2000-2019. We define midsize businesses as those in the middle 40% of all companies placed on the U.S. stock exchanges. This is …
Numerious companies filed for bankruptcy during pandemic Read More »
According to the statistics office, Germans’ nominal earnings declined for the first time in over a decade. Data revealed that the COVID-19 pandemic had a more severe impact on earnings than the 2007 – 2008 financial crisis. Months of lockdown directed at containing the virus’s spread have had a destructive influence on the global economy, …
Germans’ nominal earnings fell for the first time in years Read More »
The country’s government is willing to take measures to deal with issues created by the coronavirus pandemic. Singapore’s government made an interesting announcement. It is worth mentioning that, the government announced a new fiscal package worth 11 billion Singapore dollars ($8.3 billion) to support Covid vaccination efforts as well as economic segments affected by the …
Singapore’s Government is Ready to Support the Economy Read More »
It was a tough year for countries all over the world, and Japan is not an exception. The third-largest economy in the world was struggling to cope with challenges even before the coronavirus pandemic. However, the pandemic created additional problems and it would take time to deal with all of them. Interestingly, Japan’s economy expanded …
The U.K. has one of the largest economies in Europe as well as around the world. However, even for the U.K., the coronavirus pandemic created a lot of challenges. It won’t be easy to solve all problems in 2021, as it would take time to return to pre-coronavirus results. Unfortunately, the country’s economy contracted by …
Climate change is one of the most discussed topics all over the world. It won’t be easy to solve this issue in a short period of time. As a reminder, the oil industry is crucial for many countries. According to a new report, oil and gas producing countries face a multi-trillion-dollar hole in their government …
Oil-Producing Countries, Climate Change, and Economy Read More »
The coronavirus pandemic caused a lot of problems for the world’s largest economy. Unfortunately, the pandemic is not over yet and it won’t be easy to solve all issues in a short period of time. People all over the country are trying to cope with the situation. Lawmakers from both parties understand the importance of …
U.S. Economy, Stimulus Checks, and Interesting Details Read More »
The U.S. has the largest economy in the world, but millions of workers across the country are struggling to deal with financial problems. One of the main obstacles is what do with the federal minimum wage. Let’s have a look at the report prepared by the Congressional Budget Office (CBO). Interestingly, the Biden administration wants …
Federal Minimum Wage and its Impact on the Labor Market Read More »
Cuba was struggling to cope with problems even before the coronavirus pandemic. However, the pandemic created even bigger challenges for the local economy. Importantly, the pandemic, as well as U.S. sanctions, introduced by the Trump administration caused a lot of problems for Cuba. The country made an important announcement. According to this announcement, it will …
How Cuba Wants to Save its Economy from Collapse Read More »
The world’s largest economy suffered serious losses in 2020 and it is not surprising as the coronavirus pandemic affected many industries. Unfortunately, millions of people across the country lost their jobs in 2020, and some of them are still looking for a job. It won’t be easy to solve this problem in a short period …
Jobless Claims Fell to the Lowest Point in Two Months Read More »
Across the country, there are millions of people who are struggling to cope with financial problems. In many cases, the federal minimum wage is not enough to cover all costs. Hopefully, both President Joe Biden’s American Rescue Plan as well as recently reintroduced the Raise the Wage Act would gradually increase the federal minimum wage …
Federal Minimum Wage, New Administration, and Workers Read More »
It is no secret that the coronavirus pandemic created a lot of issues and it would take time to deal with all challenges. Importantly, it was a tough year for the eurozone. Unfortunately, its economy dropped by 0.7% in the final quarter of 2020 as governments implemented measures to contain the second wave of Covid-19 …
Euro Zone Economy Fell by 0.7% in the Fourth Quarter Read More »
Countries located in different parts of the world are trying to deal with challenges caused by the coronavirus pandemic. It is no secret that millions of people around the globe are looking for a job. According to the Congressional Budget Office (CBO), U.S. economic growth will recover in a short period of time. Moreover, the …
Congressional Budget Office and the Labor Market Read More »
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