Search results for ‘us economy’
3,193 items found
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4m
UK economy grows by 6.6% in July
Some light in all the Covid-19 darkness, with the economy growing by 6.6 per cent in July.
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Coronavirus cases in India top two million as daily infections surge
India’s coronavirus crisis has reached a critical point – with soaring deaths and more than two million infections, the country is now recording the highest number of daily cases in the world. Since lockdown was imposed in March, unemployment has risen to more than 23 per cent – while millions of migrant workers have gone…
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4m
Donald Trump suggests delaying US election
President Trump has floated the idea that this autumn’s presidential election should be delayed, saying that problems with postal ballots mean it will not be fair.
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3m
Fears for UK economy if relations with China deteriorate further
Power, transport, water – China has been buying its way into key parts of the UK economy for years.
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8m
Sunak warns ‘tough choices ahead’ for economy, over taxes and spending
‘Tough choices’ lie ahead, the Chancellor Rishi Sunak has warned, as the economy continues to count the cost of the coronavirus pandemic.
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5m
Post-lockdown UK economy not bouncing back as quickly as hoped
The great hope was that the massive economic downturn brought about by the virus would be temporary.
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2m
UK debt exceeds size of economy
The UK’s debt now stands at almost £2 trillion – that’s more than the size of the entire economy.
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Belgium has highest mortality rate per capita from coronavirus in the world
More than 9,500 people have died in Belgium – which makes it by any reckoning the country’s deadliest period since the height of the Second World War.
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FactCheck: has coronavirus destroyed more jobs than the Great Recession?
What we know so far about the effects of the crisis on unemployment.
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4m
Outcome of coronavirus ‘likely to be worse than Great Depression of 1930s’ – economist Paul Romer
So, how will the world’s economy manage to bounce back from this? How will the world find a balance between re-invigorating economies in freefall and the health emergency? Joining me now from Connecticut is Nobel laureate for economics Paul Romer who’s also the former Chief Economist of the World Bank.
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‘It is now very likely that the UK economy is facing a significant recession’ – Chancellor Rishi Sunak
Prepare for a recession, that seems the inevitable conclusion after official figures showed output falling at the fastest rate since the depths of the financial crisis more than a decade ago.
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2m
US unemployment claims hit 33 million
33 million Americans have now lost their jobs since the pandemic began
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2m
Trump says US virus taskforce to continue
President Trump has announced that his White House coronavirus task force will “continue on indefinitely” – after suggesting yesterday that it would be wound down.
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‘Coronavirus doesn’t respond to Republicans’ spin and political agenda’ – Sarah Churchwell
The pandemic – the havoc wrought on society and the economy – and President Trump’s combative style – have both brought America’s partisan divisions to the fore.
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US unemployment passes 30 million since coronavirus crisis started
In the US, more than 30 million people have been made jobless since the start of the coronavirus pandemic.