The OECD: the world economy will collapse by 4.5% this year, in its worst slowdown since World War Two
On Wednesday the Organization for Economic Cooperation and Development (OECD) said that the global economy faces the prospect of the…
Tag: economy
U.S. economy faces $15 trillion hit as a result of school closures, OECD says
The Organization for Economic Cooperation and Development has warned the interruption to children’s schooling in the wake of the coronavirus…
The politics of Alexander Lukashenko in connection with democratic protests in Belarus
In August, the country, that has been ruled by Alexander Lukashenko for 26 years, faced with changes that one could…
15 EU Nations To Get Pandemic Funds
The European Commission has presented proposals to the Council of the European Union (EU) to grant 81.4 billion euros ($96…
How Covid-19 is changing the European Union
The Covid-19 pandemic took the European Union on a rollercoaster ride. When a first mini-wave of infections hit the EU…
UK economy plunges into deepest recession since records began
Britain has entered the deepest recession since records began as official figures on Wednesday showed the economy shrank by more…
Germany: Trade and production surges after coronavirus
New statistics show important economic markers are all up after the economy took a major hit from the pandemic. Hopes…
Fragile Economic Recovery in France and Germany
Surveys showed consumer and business confidence in France and Germany growing as coronavirus lockdowns are eased, bolstered by generous stimulus…
Good news: China’s economy is experiencing the economical upturn
China's economy is in economical upturn cycle again after its worst three-month recession. It will have a very positive effect…
The Covid-19 recession: European Commission suggests ‘worst may have passed’
The European Union’s economy will experience a deep recession this year due to the coronavirus pandemic, despite the swift and…