by Malik Runswick | Jan 10, 2021 | Business Ownership
India’s economy is showing decisive signs of a ‘V-shaped’ recovery in 2021 with the return of consumer confidence, robust financial markets, an uptick in manufacturing and exporters braving it out in the global market with never-say-die spirit, Assocham said on Sunday.
The industry chamber said it expects immense accruals of economic […]
by Malik Runswick | Jan 1, 2021 | Business News
In addition to the debt and spending numbers, the OBR will also reveal its forecasts for growth and unemployment. Given the unprecedented uncertainty, the OBR outlined three different paths for the economy in its Fiscal Sustainability Report in July: an upside,...
by Malik Runswick | Dec 17, 2020 | Business Economics
“Vaccine developments have materially shifted both the health and the economic outlooks,” said Josh Hirt, a Vanguard economist and a co-author of the Vanguard Economic and Market Outlook for 2021: Approaching the Dawn. “We believe we’re looking at a midyear pivot...
by Malik Runswick | Dec 11, 2020 | Business News
Japan’s economy surged at a 22.9% annualized rate in the third quarter though some economists fear the recovery from the coronavirus pandemic is threatened by rising infections. The third-quarter gain, which was revised upward from the preliminary estimate of 21.4% on...
by Malik Runswick | Dec 10, 2020 | Business Ownership
FRANKFURT—The European Central Bank scaled up its emergency bond-buying program to 1.85 trillion euros, equivalent to $2.2 trillion, and unveiled a new batch of ultracheap loans for banks, a bold move aimed at backstopping the region’s governments and businesses as...