Pandemic will cause globe $US21 trillion in economic pain
The global economy could lose up to U.S. $21.8 trillion dollars in 2020 alone due to COVID-19, according to new analysis from the Australian National University (ANU).
The global economy could lose up to U.S. $21.8 trillion dollars in 2020 alone due to COVID-19, according to new analysis from the Australian National University (ANU).
Economics & Business
Jun 25, 2020
0
3
Results from a new economic tracker that looks at real-time statistics on consumer spending, jobs, and business revenue suggest that the government's traditional recovery strategies to reverse the downturn triggered by the ...
Economics & Business
Jun 17, 2020
0
1
The world has been experiencing an unprecedented economic downturn due to the COVID-19 pandemic. A significant number of economic activities have shut down, causing contractions in global output, as well as the loss of businesses ...
Economics & Business
May 29, 2020
0
3
An interactive tool that uses real-time data to measure the depth of the economic downturn and give evidence of any recovery was launched today by Opportunity Insights, a Harvard-based institute of social scientists and policy ...
Economics & Business
May 8, 2020
0
2
Despite toilet paper hoarding and panic buying, overall consumer spending has sharply declined since the onset of the COVID-19 pandemic, with retail sales dropping an unprecedented 8.7% in March. Stay-at-home orders also ...
Economics & Business
Apr 24, 2020
1
3
A significant pillar that has prevented more drastic declines in consumer sentiment has been the widespread belief that the coronavirus crisis will be temporary. Consumers provided dismal assessments of current economic conditions ...
Economics & Business
Apr 6, 2020
0
4
Nobody likes talking about the COVID-19 endgame, but we need to choose one. The appropriate interventions—public health, government spending, and freedom of movement—all depend on the endgame we choose.
Economics & Business
Mar 20, 2020
1
5
Fears are growing that the new coronavirus will infect the U.S. economy.
Economics & Business
Feb 27, 2020
0
1
The majority of European citizens hold positive attitudes toward people who are homeless and wish that European states would do more to reduce it, according to a study published September 25 in the open-access journal PLOS ...
Social Sciences
Sep 25, 2019
0
16
Former Vice President Joe Biden on Tuesday unveiled a $1.7-trillion, 10-year plan to combat climate change, the latest entry in a spate of proposals from Democratic White House hopefuls to address a global environmental issue ...
Environment
Jun 4, 2019
0
28