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Nalezeno "EU economy": 2116

How Coronavirus Has Hampered The Growth Of The US and Global Economy?


Coronavirus or COVID-19 pandemic has brought the world to a standstill. Within a few weeks span, the deadly virus spread its tentacles from its epicenter Wuhan to all the major countries. The World Health Organization advised governments to preach certain guidelines to limit the proliferation...

Economists Predict Worst Recession Ever for India Amid Lockdown Extension


Economists have predicted that India will face its worst recession ever as the country announced another nationwide lockdown extension. India’s economy is forecasted to contract 45% in the second quarter following the Rs 20 lakh crore coronavirus relief stimulus package which some economists...

Germany Enters Recession as Over 100 Banks Charge Negative Interest Rates


Germany has plunged into a recession with the worst quarterly contraction since the global financial and economic crisis of 2008, according to official data. Over 100 banks in the country are now charging customers negative interest rates. Germany Enters Recession The German economy is now in...

Bank of England Predicts Worst Economic Crash in 300 Years for UK


The Bank of England has predicted the worst economic crash since the Great Frost of 1709. Economists are less optimistic than the central bank about the rate of recovery for the UK economy. “Current conditions are unprecedented in our lifetime and all forecasters are struggling to make...

Iran to Cut 4 Zeros From Its Currency Amid Chronic Inflation and US Sanctions


Iranian lawmakers have reportedly approved a plan to slash four zeros from the national currency, the rial, which has been falling sharply in value amid chronic inflation and the U.S. sanctions. The official currency will also be replaced. Economists are skeptical about how the changes will affect...

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