Economic growth – Page 6 – THE OVAL CIRCLE

Russian economy returns to growth after pandemic-fueled downturn

Posted on April 23, 2021April 23, 2021By Editor

Russia’s GDP expanded 0.5% in March, data from the Ministry of Economic Development shows. It marks the first monthly growth since the coronavirus pandemic began to affect the Russian economy one year ago. … Read More >Russian economy returns to growth after pandemic-fueled downturn

Asia & Pacific

3 kids or more: Chinese researchers call to ABANDON birth limits to ensure immigration-fed US can’t outperform Beijing by 2050

Posted on April 19, 2021April 19, 2021By Editor

China must “fully liberalize” its birth-control policy to increase its labor force in the upcoming decades and compete with such countries as the US economically, a paper published by the People’s Bank of China says. … Read More >3 kids or more: Chinese researchers call to ABANDON birth limits to ensure immigration-fed US can’t outperform Beijing by 2050

Business

Russian economy reviving faster than expected as Moscow opts against another Covid lockdown – Bloomberg

Posted on April 5, 2021April 5, 2021By Editor

A crucial decision by Moscow not to impose further anti-Covid restrictions has reportedly helped Russia’s economy to continue rebounding from the recession it saw in the fourth quarter of last year. … Read More >Russian economy reviving faster than expected as Moscow opts against another Covid lockdown – Bloomberg

Business

Russian economy set to perform better than expected after Covid-19 crisis – World Bank

Posted on April 1, 2021April 1, 2021By Editor

The World Bank has raised its outlook for the Russian economy. Despite existing sanctions and pandemic-linked risks, it expects the country’s gross domestic product (GDP) to grow by around 3%. … Read More >Russian economy set to perform better than expected after Covid-19 crisis – World Bank

Business

Russia boosts agricultural exports amid Covid pandemic

Posted on March 29, 2021March 29, 2021By Editor

Exports of Russian agricultural products rose 22.3% year-on-year as of March 21, amounting to over $6 billion, data from the Ministry of Agriculture showed. … Read More >Russia boosts agricultural exports amid Covid pandemic

Russia

New US sanctions could actually BOOST Russian economy, Moscow trade officials say, with more goods & products being made at home

Posted on March 23, 2021March 23, 2021By Editor

Another round of American economic measures aimed against Russia could have the unintended effect of strengthening the country’s economy, officials in Moscow have warned as Washington considers introducing new embargoes this week. … Read More >New US sanctions could actually BOOST Russian economy, Moscow trade officials say, with more goods & products being made at home

Business

Russia becomes net exporter of food for first time in post-Soviet history

Posted on March 11, 2021March 11, 2021By Editor

Russia exported 79 million tons of food products last year, worth $30.7 billion, the AgroExport center under the country’s Ministry of Agriculture said in its latest report. … Read More >Russia becomes net exporter of food for first time in post-Soviet history

Shows

Yacht sales up while 75 percent of salary goes to mortgage (Full show)

Posted on March 6, 2021March 6, 2021By Editor

The wealth of the investor class in the US has grown astronomically in recent times, and the top one percent of earners now own 40 percent of the country’s wealth. But the buying capacity of the minimum wage has fallen. Rick Sanchez explains the predicament. … Read More >Yacht sales up while 75 percent of salary goes to mortgage (Full show)

Business

‘World has never seen this much wealth created in just one year’: China tops US as home to most dollar billionaires

Posted on March 4, 2021March 4, 2021By Editor

One in every two newly minted dollar-denominated billionaires last year stemmed from China, according to the latest Hurun Global Rich List. The country had 1,058 billionaires last year compared with 696 in the US. … Read More >‘World has never seen this much wealth created in just one year’: China tops US as home to most dollar billionaires

Business

China’s economy could double in size by 2035, eclipsing US along the way – Bank of America

Posted on March 2, 2021March 2, 2021By Editor

In terms of post-Covid recovery, China is one of the fastest growing economies in the world and has a good chance to double its GDP by 2035, according to Helen Qiao, head of Asia economics at Bank of America Global Research. … Read More >China’s economy could double in size by 2035, eclipsing US along the way – Bank of America

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