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Friday, November 27, 2020
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Recession

NEWS

UK nosedives into largest recession on record

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Britain has officially entered into the largest recession on record after figures showed the pandemic sent the economy plunging by 20.4 per cent between...
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BUSINESS

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

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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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BUSINESS

UK demand for new cars down almost 35% in June

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Demand for new cars fell by 34.9% last month, an automotive industry body said. Only 145,377 new cars were registered in June compared with 223,421...
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WORLD NEWS

Japan enters recession as world leaders mull options on ending lockdown

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Japan’s economy plunged into recession in the first quarter as the coronavirus pandemic suppressed business activity, while leaders in the US and Europe are...
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ECONOMY

Germany’s economy goes into recession as lockdown measures inflict pain

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The German economy shrank by 2.2% in the first quarter compared with the previous three-month period as shutdowns in the country and beyond started...
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ECONOMY

Jerome Powell calls for united response and warns of prolonged recession

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Federal Reserve chairman Jerome Powell warned of the threat of a prolonged recession resulting from the viral outbreak and urged Congress and the White...
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BUSINESS

UK moving sharply into recession, says Bank of England governor

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Britain is very sharply moving into recession due to the coronavirus crisis, Bank of England governor Andrew Bailey has said. Mr Bailey’s comments echoed those...
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BUSINESS

EU forecasts recession of ‘historic proportions’

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The European Union has predicted a recession of “historic proportions” this year due to the impact of coronavirus, with a drop in output of...
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DON'T MISS

The Nightcap: Look at the bright side…

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Happy Easter weekend to our readers! Even though we would love to be outside during this time of the year, we want...
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US NEWS

US unemployment claims hit record 6.6 million

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A record 6.6 million Americans applied for unemployment benefits last week as job losses rose sharply due to the coronavirus pandemic. A report on Thursday...
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Latest news

US NEWS

Americans travel home for Thanksgiving despite coronavirus surge

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Millions of Americans took to the skies and the roads ahead of Thanksgiving at the risk of pouring petrol on the coronavirus fire, disregarding...
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EUROPE

France warns masks and social distancing will remain after vaccine

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France’s health minister says his country is readying to start administering Covid-19 vaccines in late December. But Olivier Veran has warned that people will still...
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NEW YORK

Owl rescued from New York Christmas tree returns to the wild

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An owl that was rescued from the Rockefeller Centre Christmas tree has been released back into the wild. The tiny Saw-whet owl was named Rockefeller...
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WORLD NEWS

Suspect in Swiss knife attack had tried to travel to Syria

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Police in Switzerland say a woman suspected of carrying out a knife attack that is being investigated as possible terrorism formed an online relationship...
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WORLD NEWS

Iran says British-Australian academic freed in exchange for three Iranians

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Iran has released detained British-Australian academic Kylie Moore-Gilbert in exchange for three Iranians held abroad, according to Iran state TV. Ms Moore-Gilbert was a Melbourne...
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ECONOMY

Economic kiss of death: Lockdown #2

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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...
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CULTURE

Reforms Needed After George Floyd’s Murder – #BlacklivesMatter

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By Deborah Thomas The term 20/20 vision in optical test terms means a perfect vision. Millions use this term regularly and we are now in...
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