Economy – Page 96 – THE OVAL CIRCLE

Coronavirus forces Americans to do something unheard of: Save money!

Posted on June 1, 2020June 1, 2020By Editor

The US personal savings rate, which shows how much of people’s income is left after they pay taxes and spend money, reached a historic 33 percent last month, as Covid-19 rattles the economy. … Read More >Coronavirus forces Americans to do something unheard of: Save money!

USA

Coronavirus Economic Fallout Could Mean 54 Million Americans Go Hungry in 2020

Posted on May 31, 2020May 31, 2020By Editor

Tens of millions of US citizens could starve this year due to the economic fallout caused by a coronavirus, according to an analysis by national food bank network Feeding America. … Read More >Coronavirus Economic Fallout Could Mean 54 Million Americans Go Hungry in 2020

World

‘US statements are fake, not Libyan money’: Moscow rebuffs accusations of printing counterfeit dinars

Posted on May 31, 2020May 31, 2020By Editor

Moscow printed dinars for Libya in accordance with a government contract, so Washington’s claims of it being fake money have nothing to do with reality, according to Russia’s Foreign Ministry. … Read More >‘US statements are fake, not Libyan money’: Moscow rebuffs accusations of printing counterfeit dinars

Business

European Central Bank warns coronavirus response could raise fears of eurozone breakup

Posted on May 27, 2020May 27, 2020By Editor

The impact of the Covid-19 pandemic on the eurozone economy has been significant, according to the European Central Bank (ECB), increasing the underlying financial vulnerabilities of the euro area. … Read More >European Central Bank warns coronavirus response could raise fears of eurozone breakup

Shows

How Denmark beat the US

Posted on May 24, 2020May 24, 2020By Editor

The US response to coronavirus has been a total failure. Lee compares the US’ actions to those of more successful nations. The big lesson here is that there are better ways of structuring your society, and this pandemic makes that obvious. … Read More >How Denmark beat the US

Business

US economy won’t recover soon & Federal Reserve ‘should go out of business,’ Ron Paul tells Boom Bust

Posted on May 23, 2020May 23, 2020By Editor

The US Federal Reserve has said it plans to maintain low interest rates for the foreseeable future until it is confident the economy has weathered the consequences of Covid-19 and is in the process of recovery. … Read More >US economy won’t recover soon & Federal Reserve ‘should go out of business,’ Ron Paul tells Boom Bust

Business

Coronavirus will shrink India’s economy in 2020-21, central bank says

Posted on May 23, 2020May 23, 2020By Editor

The Reserve Bank of India (RBI) has slashed its growth forecast for this financial year and warned of inflation uncertainties as the country’s economy suffers due to the Covid-19 pandemic. … Read More >Coronavirus will shrink India’s economy in 2020-21, central bank says

Business

Pakistan suffers 1st economic decline in 68 years due to Covid-19 pandemic

Posted on May 20, 2020May 20, 2020By Editor

While 2020 was projected to be a breakthrough year for Pakistan, the global coronavirus crisis has hit the country’s economy hard, causing its first contraction since 1951-52. … Read More >Pakistan suffers 1st economic decline in 68 years due to Covid-19 pandemic

Business

Germany in recession with economy in worst plunge since global financial crisis

Posted on May 15, 2020May 15, 2020By Editor

Germany’s economy shrank by 2.2 percent in the first quarter compared to the final three months of 2019, preliminary official statistics have shown. It’s the biggest slump in a decade for Europe’s largest economy. … Read More >Germany in recession with economy in worst plunge since global financial crisis

Russia

Home, Sweet Home? Russia to offer PERMANENT RESIDENCY to foreigners who buy property

Posted on May 15, 2020May 15, 2020By Editor

If you’ve always wanted to move to Russia, there may be no better time. With notoriously hard-to-navigate bureaucracy, foreigners have long been put off moving to Russia, and many have gone elsewhere. Now, things are changing. … Read More >Home, Sweet Home? Russia to offer PERMANENT RESIDENCY to foreigners who buy property

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