Economy – Page 83 – THE OVAL CIRCLE

Fed’s Covid cure far more harmful to US economy than the disease – Peter Schiff

Posted on November 26, 2020November 26, 2020By Editor

The coronavirus pandemic isn’t making the US economy sick, but all of the Federal Reserve’s stimulus and money printing does, says economist Peter Schiff. And a Covid-19 vaccine isn’t going to make it well, he adds. … Read More >Fed’s Covid cure far more harmful to US economy than the disease – Peter Schiff

Bangkok protesters demand king cedes control of royal fortune as Thailand revives law banning criticism of monarchy (VIDEOS)

Posted on November 25, 2020November 25, 2020By Editor

Thousands of pro-democracy demonstrators staged another round of protests on the streets of Bangkok on Wednesday after the revival of Thailand’s “lèse-majesté” law, which bans criticism of the royal family. … Read More >Bangkok protesters demand king cedes control of royal fortune as Thailand revives law banning criticism of monarchy (VIDEOS)

Iran’s supreme leader says trying to lift sanctions through talks ‘was fruitless’

Posted on November 25, 2020November 25, 2020By Editor

Supreme Leader of Iran Ayatollah Ali Khamenei has dismissed the “path of negotiations” with Western states to lift sanctions. However, the government in Tehran says foreign companies are already preparing to return to the country. … Read More >Iran’s supreme leader says trying to lift sanctions through talks ‘was fruitless’

EU

Mayors of Budapest & Warsaw revolt against Hungarian & Polish govts, ask EU to send money directly to them

Posted on November 25, 2020November 25, 2020By Editor

The governments of Hungary and Poland have been blasted for derailing the EU budget and Covid-19 recovery fund by the mayors of Budapest and Warsaw, who wrote to Brussels urging it to work directly with regional authorities. … Read More >Mayors of Budapest & Warsaw revolt against Hungarian & Polish govts, ask EU to send money directly to them

China declares victory over absolute poverty nationwide, lifting 99 MILLION people from penury since 2012

Posted on November 24, 2020November 24, 2020By Editor

The last nine impoverished counties in China’s southwestern province of Guizhou were removed from the country’s poverty list on Monday. The nation has thus ended absolute poverty one month before its self-imposed deadline. … Read More >China declares victory over absolute poverty nationwide, lifting 99 MILLION people from penury since 2012

Eurozone economy plunges back into severe decline after new coronavirus lockdowns

Posted on November 24, 2020November 24, 2020By Editor

The euro area is on a path for another economic contraction, as key indicators for the eurozone economy plunged to a six-month low in November, amid renewed government efforts to contain the spread of Covid-19. … Read More >Eurozone economy plunges back into severe decline after new coronavirus lockdowns

Pandemic could push 130 MILLION into extreme poverty, UN warns

Posted on November 23, 2020November 23, 2020By Editor

The global economy will contract by a staggering 4.3 percent this year, according to a report by the UN Conference for Trade and Development (UNCTAD). The agency expects global recovery of 4.1 percent in 2021. … Read More >Pandemic could push 130 MILLION into extreme poverty, UN warns

EU

Poland to reopen shopping malls next week despite surge in Covid-19 cases

Posted on November 22, 2020November 22, 2020By Editor

Shopping centers across Poland will be allowed to reopen next week despite a recent surge in coronavirus cases, PM Mateusz Morawiecki has said, insisting the move would save “hundreds of thousands” of jobs. … Read More >Poland to reopen shopping malls next week despite surge in Covid-19 cases

Asia-Pacific economic cooperation continues despite coronavirus crisis – Putin

Posted on November 21, 2020November 21, 2020By Editor

Cooperation within the APEC (Asia-Pacific Economic Cooperation) framework is developing despite the challenges associated with the global Covid-19 pandemic, according to Russian President Vladimir Putin. … Read More >Asia-Pacific economic cooperation continues despite coronavirus crisis – Putin

UK

Defence budget slashing ‘ends now,’ says PM Johnson as UK announces largest military cash boost since Cold War

Posted on November 20, 2020November 20, 2020By Editor

Boris Johnson pledged to “end budget-cutting now” as he announced a £16.5 billion ($22 billion) increase in defence spending and the creation of a cyber force and a space command. … Read More >Defence budget slashing ‘ends now,’ says PM Johnson as UK announces largest military cash boost since Cold War