05 Aug 2020

Eurozone and US economy
The full extent of the impact of Covid-19 on the eurozone and US economy has been laid bare by figures showing shrank by a record. Eurostat’s, the European Union’s statistical arm, revealed that the contraction in the second quarter. This is when it combines with a smaller fall in the first three months of the year. It had wiped out a decade and a half of expansion, returning the euro...

01 Jul 2020

global economy
In an update to its half-yearly global financial stability report, the IMF said central banks had been pivotal in the recovery of share prices from their Covid-19 trough. However, there was now a gap between the optimism of financial markets and the state of depression in the global economy. The IMF said investors were “apparently betting on continued and unprecedented support by cent...

14 May 2020

recession
The coronavirus recession is devastating to America's labor market. Besides, by almost every measure, it's worse for women than any previous economic slump. The scale of the crisis is unlike anything since the Great Depression. For the first time in decades, this crisis has a predominantly nonwhite, female face. The biggest reason for these losses is that the industries hardest hit by th...

23 Mar 2020

central banks
Around the world, central banks and policymakers are grasping for levers that can help economies muddle through a COVID-19 pandemic. Now it has already arrived in more than 150 countries. As quarantine and isolation measures against coronavirus spreading pick up momentum in various critical markets, there is an air of panic about what lies ahead.  Until recently, investors were enjoyi...

02 Mar 2020

Predictions for global economic growth
While Coronavirus continues to spread all over the globe, the predictions for global economic growth continue to foresee a decrease. In case you are not aware of how strong is the progress of the disease, i.e. the number of victims and people infected, we can give that information to you beforehand. The current results of the COVID-19 outbreak are the following: 89,843 subjects were infe...