Economy – Page 94 – THE OVAL CIRCLE

US jobs recovery may be short-lived as coronavirus comes back with a vengeance

Posted on July 4, 2020July 4, 2020By Editor

The US economy added 4.8 million jobs in June, with the unemployment rate declining to 11.1 percent as business resumes. However, a surge in new infections is expected to slow the reopening of the economy. … Read More >US jobs recovery may be short-lived as coronavirus comes back with a vengeance

Russia

45% of Russians had no savings before coronavirus pandemic led to spike in unemployment – new survey

Posted on July 1, 2020July 1, 2020By Editor

Almost half of all Russians had no money saved when Covid-19 hit the country, according to a new survey, with only 26% of the population having enough to survive self-isolation if all sources of income were stopped. … Read More >45% of Russians had no savings before coronavirus pandemic led to spike in unemployment – new survey

Business

UK economy suffers worst decline in 40 years due to Covid-19 pandemic

Posted on July 1, 2020July 1, 2020By Editor

Britain’s economy has seen its largest contraction in more than four decades, according to figures from the Office for National Statistics (ONS). The nation’s gross domestic product plunged further than expected, by 2.2 percent. … Read More >UK economy suffers worst decline in 40 years due to Covid-19 pandemic

Business

German business continues to invest in Russia, despite Covid-19 pandemic

Posted on June 27, 2020June 27, 2020By Editor

The volume of German companies’ direct investment in the Russian economy amounted to €1.8 billion ($2 billion) in the first quarter of 2020, according to the Russian-German Chamber of Commerce. … Read More >German business continues to invest in Russia, despite Covid-19 pandemic

Shows

CrossTalk, QUARANTINE EDITION: ‘It’s the economy, stupid!’

Posted on June 26, 2020By Editor

As the cultural war rages unabated, the billionaire class is only getting wealthier. Their wealth has skyrocketed 20 percent, or $584 billion, since the start of the pandemic/lockdown. How will this fact shape the coming economic recovery? And, is a permanent underclass the new normal? … Read More >CrossTalk, QUARANTINE EDITION: ‘It’s the economy, stupid!’

Shows

Breaking: The shocking news about home prices

Posted on June 26, 2020June 26, 2020By Editor

Rick Sanchez examines the prospect of mass migration from high-density urban areas due to health concerns and political volatility and how it will affect the housing market. Then Jason Hartman of the Platinum Properties Investor Network shares his expertise. … Read More >Breaking: The shocking news about home prices

Business

Coronavirus crisis pushes poorer UK households further into debt… while rich get richer

Posted on June 23, 2020June 23, 2020By Editor

Lower-income British workers have been hit hard by the Covid-19 outbreak, forced to borrow more money to make ends meet, while wealthy families have mostly improved their fortunes, a new study shows. … Read More >Coronavirus crisis pushes poorer UK households further into debt… while rich get richer

Business

No quick bounce back: Russia’s real GDP to recover in mid-2022 but ruble to remain strong, Economy Ministry says

Posted on June 20, 2020June 20, 2020By Editor

Russia’s Ministry of Economic Development has released a fresh forecast for 2019-2022. The ministry said there will be no V-shaped recovery: after a five percent plunge in 2020, real GDP will only recover starting in mid-2022. … Read More >No quick bounce back: Russia’s real GDP to recover in mid-2022 but ruble to remain strong, Economy Ministry says

Business

Eurozone economy heading for ‘sharp decline’ of 13%, ECB warns

Posted on June 20, 2020June 20, 2020By Editor

The head of the European Central Bank (ECB), Christine Lagarde, has warned of a major economic downturn for the European Union, leading to a surge in unemployment. … Read More >Eurozone economy heading for ‘sharp decline’ of 13%, ECB warns

Russia

Putin: 75 years after WW2, new global crisis calls for victorious anti-Nazi coalition to work together again

Posted on June 20, 2020June 20, 2020By Editor

In 1945, they defeated Adolf Hitler and Imperial Japan. Now, 75 years on, Vladimir Putin believes that the present global health and economic emergency requires the Second World War allies to unite once more. … Read More >Putin: 75 years after WW2, new global crisis calls for victorious anti-Nazi coalition to work together again

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