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Sunday, January 17, 2021
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ECONOMY

US lawmakers reach deal on huge Covid-19 relief package

Capitol Hill negotiators have sealed a deal on an almost 1 trillion dollar Covid-19 economic relief package. The agreement delivers extra help to businesses and...

Japan’s economy bounces back to grow 22.9% in third quarter

Japan’s economy expanded at a 22.9% annual rate in the latest quarter, as businesses and personal spending recovered from pandemic-related shocks in the spring...

Unemployment falls in Germany despite partial coronavirus shutdown

Germany’s unemployment rate dipped in November despite a partial shutdown introduced to halt a sharp rise in coronavirus infections, official data showed. However, estimates suggest...

Economic kiss of death: Lockdown #2

We are going into a second lockdown, and the economic environment just got worse. The impact of these lockdowns has decimated earnings and demand. Businesses...

US economy grows by 33% but faces renewed threat from pandemic

The US economy grew at a record 33.1% annual rate in the July-September quarter but has yet to fully rebound from its plunge in...

UK debt reaches highs not seen since 1960

The UK’s national debt hit a record £2.06 trillion (€2.3 trillion) at the end of September, up £259.6 billion in six months, according to...

Former Aer Lingus chief calls for quarantine to be replaced by test before flying

The former boss of Aer Lingus has demanded that the self-isolation requirement in Ireland and the UK for international arrivals is replaced by Covid-19...

Libyan oil production resumes amid peace talks between rival factions

Libya’s national oil company announced it was resuming production at the country’s largest oil field as rival officials from eastern and western Libya began...

Sunak sets out coronavirus support for ‘viable’ jobs

The resurgence of coronavirus poses a threat to the UK’s “fragile” economic recovery, the UK chancellor Rishi Sunak warned as he confirmed plans for...

Bank of England to hold rates as UK economy rebounds

The Bank of England is expected to leave interest rates on hold at the historic low of 0.1 per cent on Thursday as the...

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