Don’t be misled by today’s unemployment figures – a hurricane of job losses is coming
We can reasonably expect the number of people in the UK out of work to rise to between three and four million – a far graver toll, at the upper […]
The future of work is remote
And the future is here The 5G era will bring unprecedented and transformative opportunities across industries. As a leader in enterprise mobility, T-Mobile for Business experts weigh in on how […]
‘Worst contraction in history’: Economic hit of Covid-19 in UK
26th April 2020 Shahzeb Athar, Jamia Ahmadiyya UK The world as we know it has drastically taken a turn into unprecedented waters, a turn so uncharted that the entire economic outlook seems dire and calamitous. I, nevertheless, deem it quite hard to believe that anyone could have predicted an […]
What if Covid-19 isn’t our biggest threat?
by Andrew Anthony, The Guardian When eventually the coronavirus crisis begins to recede and we return to an approximation of normality – no matter how socially distanced or how much […]
Mafia distributes food to Italy’s struggling residents
Organised crime groups offer support to quarantined families who have run out of cash As Italy struggles to pull its economy through the coronavirus crisis, the Mafia is gaining local […]
I’ve advised the government to release people in their twenties from lockdown. This is why
Source: Independent Of course, some lives will tragically be lost. But we need those 4.2 million people to return to work, forming a mini-economy run by and for the young […]
Fashion and Luxury Sales Fall off a Cliff
New York (CNN Business)The retail industry has been decimated by the coronavirus pandemic, and much of the destruction has landed on luxury and fashion companies. People have stopped shopping at […]
Experiments in Austria and Denmark could offer clues to what a post-coronavirus economy looks like
Action by nations is likely to give us a better idea of the damage the virus has caused than computer models, writes Hamish McRae There is a glimmer of light in Europe over the damage caused by the coronavirus outbreak. Two countries, Austria and Denmark, have set out a […]
France heading for worst recession since WWII: minister
Short Url https://arab.news/vzavk Updated 8 sec ago AFP April 06, 2020 France imposed a nationwide stay-at-home order from March 17 after shuttering all nonessential businesses Statistics office Insee said last […]
The IMF Officially Green-lighted the Acceptance of China’s Currency – the Yuan
Our favorite posts: The Story of the 12 Monkeys: The Successful Chinese Vaccine and A Moonshot Moment for the Muslims: Making Covid 19 Vaccine before the West and China Source: AB Qamar According […]
Empty Hotels, Idled Tour Buses, The Pandemic Is Devastating Tourism
Source: MSN MEXICO CITY — There were major hurricanes, and the global financial crisis of 2008. There was 9/11, and an array of regional health scares, from SARS to Zika. But during the decades that he’s been involved in the tourism business in the Caribbean island nation of Sint […]
The US and South Korea got coronavirus on the same day, but only America’s economy has been destroyed. This is why
Americans need to get ready for 13 per cent unemployment — and to hear a lot about Korea during this election campaign Tim Mullaney New York 8 hours ago […]
Covid-19 self-test could allow return to work, say health officials
Source: The Guardian NHS England medical director tells MPs tests may be available within a couple of weeks By Sarah Boseley and Julia Kollewe Self-testing at home to find out […]
Coronavirus will bankrupt more people than it kills — and that’s the real global emergency
Source: Independent We may look back on coronavirus as the moment when the threads that hold the global economy together came unstuck By Omar Hassan, who was the head of […]
Book Review: “Debt – The First 5,000 Years” by David Graeber
by Trevor Hilder Published on: 8th August 2012 Economics textbooks claim that money was invented to replace onerous and complicated barter systems—to relieve ancient people from having to […]
Indonesia’s wealth gap spurs Muslims to join ‘economic jihad’
Devout citizens strive to take on tycoons with convenience stores ERWIDA MAULIA, Nikkei staff writer January 28, 2020 16:54 JST JAKARTA — Taufan left his petrochemical job in […]
School and work ” Why Switzerland’s dual-track education system is unique
By Riccardo Franciolli Jan 27, 2020 – http://www.swissinfo.ch Young people used to be faced with making a definitive career choice aged 15 in Switzerland. But nowadays they can change […]
Global rating agency, Fitch, demotes Pakistan’s economic rating – why?
The New York-based agency Fitch — one of the three major global rating agencies — noted high debt-to-GDP ratio, economic growth rate of 2.8 per cent and fiscal deficit […]
Can Pakistan escape its economic curse?
“In the last 60 years Pakistan’s economy has crashed 13 times,” explained Professor Atif Mian during a talk at the University of California, Berkley, on October 25, “and every […]
The new global economic crisis, a prelude to war
Nov 20,2019 -JORDAN TIMES – Shehab Al Makahleh The record debt of key world economies including the G8 is fraught with calamitous hazards for the international community. Thus, if deleverage takes place soon, this will be a prelude to a cataclysm conducive to WWIII similar to what happened when the […]
