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Sunday, January 17, 2021
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Economy

New US stimulus proposal blocked in the House

The House of Republicans have rejected the proposal from US President Donald Trump's and the Democrats. The stimulus check is intended to aid Americans...

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...

Survey shows fall in German business confidence as shutdown bites

Business confidence in Germany, Europe’s biggest economy, fell for a second consecutive month in November as a resurgence of coronavirus infections led to partial...

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...

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...

Why is the market still going strong? – Opinion

All before September 1st, the headlines displayed praise for the market's outstanding numbers. Companies have crushed their earnings reports, and it seems like no...

US economy shrank at record-breaking 33% rate during second quarter

The US economy shrank at a dizzying 32.9 per cent annual rate in the second quarter – by far the worst quarterly plunge ever. The...

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