Over 10 million unemployed Americans might not get their previous jobs back according to the latest labour market report which shows the rapid recovery in employment witnessed over recent months is now at risk of stalling, leading some economists to say the need for another round of fiscal stimulus is becoming acute.
October 2,2020
Emerging market debt is a bubble destined to burst. Local accommodative monetary policies are increasing financial leverage without providing concrete solutions to the economic recession.
October 1,2020
Savers could be facing an perpetual ice age of zero interest rates as policymakers covet a return of long-lost inflation pressures, European Central Bank (ECB) President Christine Lagarde hinted on Wednesday.
September 30,2020
The UK economy contracted by less than was expected in the second-quarter, the Office for National Statistics (ONS) revealed on Wednesday but with the government withdrawing financial support while tightening restrictions on activity, the data offers little consolation to the bruised economy ahead of a likely bleak winter.
September 30,2021
The Lira rallied further on Friday after regulators relaxed restrictions on currency transactions following a surprise interest rate rise from the central bank, although analysts say the road toward stability is a long one and that rate setters will need to go further to prevent fresh losses befalling the Lira.
September 25,2020
Chancellor Rishi Sunak's Winter Plan for the economy hasn't done enough to prevent a wave of Job losses over coming months say Economists, and is being branded a tax on employers by one economist who has crunched the numbers.
September 25,2020
The government borrowed £35.9BN from financial markets in August as it continues to count the cost of staving off an economic meltdown due to the lockdown and restrictions it has introduced to try and stem the spread of covid-19.
September 25,2020
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