No sooner had the bushfires abated than the battle against the COVID19 pandemic began. The immediate public health response has been well managed in Australia.1 Although Victoria is currently grappling with a second wave of infections, by international comparisons the number of cases and deaths ...
up from US$305 billion in FY2021. This sharp increase in luxury goods sales signals a flourishing state of the luxury industry following the COVID-19 pandemic.
Data have shown that China has maintained its momentum for economic recovery from the pandemic. There was a significant increase in the import and export of goods in January and February. Qu Qiang, assistant director of the International Monetary Institute at Renmin University, sha...
The BOI recorded 655.4 billion pesos (roughly 12.6 billion U.S. dollars) worth of investment approvals from 235 projects in 2021, increasing foreign investments by 218 percent despite the setbacks brought by the persisting pandemic. "This goes to show that the pandemic did not stop the flow of...
WASHINGTON, April 18 (Xinhua) -- Coordinated and continuous international action will be essential to support vulnerable countries, restore market confidence, contain financial stability risks, and spur global economic recovery from the COVID-19 pandemic, a senior official of the International Monetary ...
Success in crossing the coronavirus crisis will be measured by the proximity - but not return - to the previous GDP trajectory. Thereafter, the task will be to deal with structural unemployment created by changing consumption patterns, increased levels of poverty in much of the world, the concent...
PELLEY: The United States leads the world in illness and death in the pandemic. Does that suggest that the United States should be the last country to reopen? POWELL: Again, we don't have responsibility for the question of when the United States should reopen. That'...
Kweilin Ellingrud:Let’s talk about economic recovery, and economic recovery from the pandemic. What has it looked like so far? What does it look like as we look ahead? Greg Kelly:It’s been fascinating for me, as a student of customer behavior, ...
BRUSSELS (AP) — In what European Union nations hope will be a tipping point in economic recovery from the pandemic, finance ministers from the the bloc have approved the EU-funded recovery plans of a dozen of the 27 member states. Tuesday's decision will allow the member states concerned ...
However, while the international environment is undoubtedly challenging for China's growth, this does not mean the outlook is pessimistic. First, in bouncing back from the pandemic, China's consumption and retail industries are recovering. Recent economic data indicate that China's consumer market is...