While there is evidence that the worst outcome for the United States labor market could have passed, the tremendous amount of ground the labour market of the country has to cover in order reach pre-crisis levels is also becoming evident with every new bit of data and with each new batch of jobless...

United States President Donald Trump has often been criticised on social media platforms including Twitter and Facebook, and now Trump is set to introduce new legislation that could result in a law that has protected internet companies, getting scrapped or made weaker. Critics see this as an...

Exports of the G20 countries in January – March 2020, when quarantine restrictions were just beginning to apply in most countries, has already decreased by 4.3% compared to the previous quarter, OECD data show. World trade in general, according to Euler Hermes estimates, dipped 2.5% in the first...

A huge stimulus package plan worth 750 billion euro was announced by the European Union’s executive arm to support economies that have been battered by the novel coronavirus pandemic. EU executives hope that this package will also bring to an end all squabbling over how to fund a recovery that was...

A strategic alliance can be described as asymmetrical when it involves cooperation between two companies with marked differences in terms of size, portfolio of resources and market position. Although such asymmetric relationships are becoming more frequent, they have not been widely studied and...

Venezuela has entered into an agreement with the United Nations Development Program (UNDP) to channel some of the republic’s gold reserves held by the Bank of England to supply food and medicine necessary to fight the coronavirus pandemic, Reuters reported with reference to Head of the Central Bank...

Global energy investment in 2020 will fall by one fifth (20%), or almost $ 400 billion, compared to 2019 due to the COVID-19 pandemic. It will be the largest decline in history, according to a new annual report by the International Energy agency World Energy Investment 2020 (WEI 2020). The oil...

Bank of Canada intends to provide significant stimulus to the economy for the foreseeable future to help the country recover from the damage caused by the novel coronavirus pandemic, the Governor of the Bank of Canada Stephen Poloz said this on Monday. He is confident that the Canadian economy is...

Failure to arrive at a COVID-19 treatment could prove a bit global economic “tripping point”. Last week, the indexes of S&P 500 as well as Dow Jones slumped as investor expect to face “a second wave of coronavirus infections” as many of the countries decide to reopen their economy. In fact,...