Avainsana: economy
U.N. report suggests temporary basic income to help world’s poorest amid pandemic
A temporary basic income for the world’s poorest 2.7 billion people in 132 developing countries could help slow the spread of the coronavirus by allowing…
Unmasking the EU’s massive pandemic recovery fund: the fine print
EU leaders went the distance to agree a historic coronavirus recovery fund for the bloc. But doling out €750 billion in grants and loans will…
EU needs ambitious financial deal more than fast one, Lagarde says
It is better for European Union leaders to agree an ambitious financial aid package for the bloc rather than to have a quick deal at…
EU tax package seeks to crack down on tax fraud
A new Tax Package unveiled by the EU Commission Wednesday looks to intensify the fight against tax abuse and curb unfair tax competition in order…
Virus-hit Singapore plunges into recession as economy shrinks 41%
Singapore plunged into recession in the second quarter as the economy contracted more than 40 percent, preliminary data showed Tuesday, with the trade-dependent city state…
Better African heatwave data could save lives, shield economies, report says
Heatwaves over the last century in sub-Saharan Africa have not been properly recorded, undermining early warning systems to save lives and prevent economic losses caused…
A taxing problem: how to ensure the poor and vulnerable don’t shoulder the cost of the COVID-19 crisis
In the wake of the unprecedented COVID-19 crisis, tax systems should be reformed, and tax avoidance and evasion reduced, to ensure an economic recovery in…
Europe’s recession may be milder than feared, ECB’s Schnabel says
Some economic indicators suggest that Europe’s pandemic-induced recession may be milder than earlier feared, European Central Bank board member Isabel Schnabel told Dutch newspaper NRC…
Countries ’off-track’ to end rising global poverty, UN report warns
Countries are completely “off-track” to meet their goal to end extreme poverty by 2030, according to a new report to the United Nations. Indeed, contrary…
Eyeing United States, EU lawmakers seek quicker trade retaliation
EU lawmakers overwhelmingly backed a proposal on Monday to allow the European Union to retaliate more quickly in trade disputes, with a clear eye on…
German parliament leader urges fresh push for EU economic union amid pandemic
Wolfgang Schäuble has called for improved integration in the eurozone. He said the bloc would be ”significantly further ahead today” if the EU had established…
Pakistan central bank governor says coronavirus lockdowns are a ‘luxury of the rich’
The coronavirus pandemic is a public health crisis and until it’s addressed, there will most likely be economic hardships ahead, Pakistan’s central bank governor told…
UK economy shows biggest drop in 40 years in early 2020
Britain’s economy shrank by the most since 1979 in early 2020 as households slashed their spending, according to official data that included the first few…
Circular economy could boost UK economy by £75bn, says WRAP
A circular economy will help the UK build back better, bolstering the economy by £75 billion and creating half a million jobs, according to the…
Vietnam PM warns of economic calamity at ASEAN summit
Vietnam on Friday warned the virus pandemic had swept away years of economic gains as Southeast Asian leaders met online for a summit that will…
Global economy will take $12tn hit from coronavirus, says IMF
The International Monetary Fund has said the global economy will take a $12tn (£9.6tn) hit from the Covid-19 pandemic after slashing its already gloomy growth…
U.S. economy improving; rising COVID-19 cases a threat
Sales of new U.S. single-family homes increased more than expected in May and business activity contracted moderately this month, suggesting the economy was on the…
Europe could face oil shortage in a decade, study warns
Europe could face a shortage of oil within the next decade, making the move to increase the use of low carbon energy even more urgent,…
Asian markets swing as new virus cases temper reopening hopes
Asian markets fluctuated Monday as investors kept a nervous eye on a spike in virus infections around the world, while Europe pressed ahead with the…
The future of media: more digital and more economic pain, Reuters Institute says
The coronavirus outbreak has prompted a significant increase in news consumption but the economic turmoil is forcing news businesses to accelerate their move to digital,…
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