Economy – Page 88 – THE OVAL CIRCLE

Airline industry holding America ‘hostage’ (Full show)

Posted on October 3, 2020October 3, 2020By Editor

Congressional Democrats are seeking another $2.2 trillion stimulus. Meanwhile American Airlines has furloughed 32,000 employees. Rick Sanchez examines the latest numbers from the US Bureau of Labor Statistics and what they say about an economy struggling to improve after its derailment by COVID-19. … Read More >Airline industry holding America ‘hostage’ (Full show)

Business

Every corporation in America is now on government life support, Professor Wolff tells Boom Bust

Posted on October 3, 2020October 3, 2020By Editor

The US economy has suffered its sharpest drop in the second quarter of 2020, with GDP plunging more than 31 percent due to the Covid-19 pandemic and the ensuing shutdowns. … Read More >Every corporation in America is now on government life support, Professor Wolff tells Boom Bust

Business

Saudi Arabia’s economy hit hard by oil price crash

Posted on October 3, 2020October 3, 2020By Editor

Saudi Arabia’s economy shrank by 7 percent, with the unemployment rate hitting a record high in the second quarter as the combined effect of the oil price crash and the Covid pandemic hit the world’s largest oil exporter hard. … Read More >Saudi Arabia’s economy hit hard by oil price crash

Business

Queen of England’s property portfolio like any other ‘offshore type of arrangement,’ so she can’t lose – Keiser Report

Posted on October 2, 2020October 2, 2020By Editor

The hosts of RT’s Keiser Report, Max and Stacy, look at the commercial real estate catastrophe roiling property markets in the United Kingdom and United States. … Read More >Queen of England’s property portfolio like any other ‘offshore type of arrangement,’ so she can’t lose – Keiser Report

Business

Chinese manufacturing activity continues to expand, recovering from Covid crisis

Posted on October 1, 2020October 1, 2020By Editor

China’s official manufacturing Purchasing Manager’s Index (PMI) for September has come in at 51.5, as compared to 51.0 in August, according to its National Bureau of Statistics (NBS). A figure above 50 indicates expansion. … Read More >Chinese manufacturing activity continues to expand, recovering from Covid crisis

Business

Coronavirus crisis not as bad for Russian economy as 2008 financial crash – Alexei Kudrin to RT

Posted on September 29, 2020September 29, 2020By Editor

The Russian economy is coping better with the Covid-19 pandemic than it did after the global financial crisis, the head of Russia’s Accounts Chamber and ex-finance minister, Alexei Kudrin, said in an exclusive interview with RT. … Read More >Coronavirus crisis not as bad for Russian economy as 2008 financial crash – Alexei Kudrin to RT

Documentary

Growing Up Poor In America (full film) | FRONTLINE

Posted on September 27, 2020September 27, 2020By Editor

The documentary, “Growing Up Poor in America”, follows three children and their families in the battleground state of Ohio as the COVID-19 pandemic amplifies their struggle to stay afloat. … Read More >Growing Up Poor In America (full film) | FRONTLINE

World

Alberta Premier Kenney Says Canada Prime Minister Trudeau COVID-19 Recovery Plan ‘Fantasy’

Posted on September 25, 2020September 25, 2020By Editor

Premier Jason Kenney of Alberta, Canada’s largest oil-producing province, said during a press conference on Thursday that Prime Minister Justin Trudeau’s proposal for a COVID-19 economic recovery was a “fantasy plan.” … Read More >Alberta Premier Kenney Says Canada Prime Minister Trudeau COVID-19 Recovery Plan ‘Fantasy’

Business

Russia projected to dominate global wheat exports for years to come

Posted on September 24, 2020September 24, 2020By Editor

With grain production in Russia expected at record highs this year, the country has continued boosting exports and extending the list of its potential buyers around the world. … Read More >Russia projected to dominate global wheat exports for years to come

Business

Americans hoarding trillions of dollars in cash amid pandemic & presidential election uncertainty – Morgan Stanley

Posted on September 24, 2020September 24, 2020By Editor

New research by investment bank Morgan Stanley found that US consumers have been saving more money than ever, having stockpiled a record $12.5 trillion in savings from April through July. … Read More >Americans hoarding trillions of dollars in cash amid pandemic & presidential election uncertainty – Morgan Stanley

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