Thursday, 8 October, 2020

China’s economic recovery from coronavirus is accelerating — economist

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China's economic recovery from coronavirus is accelerating and is positioned to drive global GDP, according to British economist Jim O’Neill. He considered China's economy as...

Finance Minister expects a strong economic recovery for New Zealand

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Finance Minister Grant Robertson expects a strong economic recovery for New Zealand in the three months that end in September. New Zealand dove into a...

OECD: The global economy will contract by 4.5% in 2020

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The global economy will contract by 4.5% in 2020, according to the Organization for Economic Cooperation and Development (OECD). While the global economy has surpassed...

ADB: Coronavirus pulled Asia into first regional recession in 60 years

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An Asian Development Bank (ADB) report has indicated that the coronavirus pandemic has pulled the developing economies in Asia into recession. According to the ADB,...

Singapore minister: Governments will face growing debt in the next decade

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Governments will face growing debt in the next decade, according to Tharman Shanmugaratnam, Singapore’s senior minister. He added that growing debt will be one of...

Report: 3 in 10 Americans have reduced or stopped their retirement fund

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Nearly 3 in 10 Americans have reduced or stopped their retirement fund, according to a FinanceBuzz survey published in August. More Americans had to reduce...

Survey: 1 in 10 Americans struggle to afford food during pandemic

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A new survey revealed that in 10 Americans struggle to afford food and other essentials during the coronavirus pandemic. Data from the latest Household Pulse...

US fiscal stimulus must be $3 trillion to survive the pandemic — economist

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The US fiscal stimulus must be around $3 trillion to survive the coronavirus pandemic, according to William Lee, chief economist at Milken Institute. As Congress...

Taiwan loosened restrictions on the import of American beef, pork

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Taiwan loosened its restrictions on the import of American beef and pork as the island attempts to cement ties with Washington. Taiwan has been working...

Global food prices increased for the third straight month in August

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Global food prices increased for the third straight month in August, according to the Food and Agriculture Organization of the United Nations. Global food prices...

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