Coronavirus Recession
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
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U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
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Ark's Wood Remains Bullish On Tesla As U.S. Recession Fears Rise
Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc. despite growing fears of a U.S. recession and shutdowns of the car maker's Shanghai factory due to spiking coronavirus cases.
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In 2020 The Ultra-Rich Got Richer. Now They're Bracing For The Backlash
In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II, billionaires saw their riches reach new heights.
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GDP Data Today: As India Looks Set To Exit Recession, Virus Spike Worry
As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.
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Covid Crisis Dominates G20 Summit In Saudi, First For An Arab Nation
Saudi King Salman opened the G20 summit Saturday in a first for an Arab nation, with the virtual forum dominated by efforts to tackle the coronavirus crisis and the worst global recession in decades.
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After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
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Masks, Special Separators In 1st Parliament Session In Covid Times
With shields of hardened plexiglass installed around each bench, now only accommodating three instead of six parliamentarians, the Lok Sabha met for 20 minutes and then recessed for an hour on the first day of the Parliament's 18-day Monsoon session.
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Japan Manufacturers Remain Gloomy For 14th Month: Report
Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan survey pointed to a painfully slow recovery for the coronavirus-stricken economy. The result underlines the huge challenge the country's next leader succeeding Prime Minister Shinzo Abe wil...
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"Trump Negligence In Handling Pandemic Led To US recession": Joe Biden
Joe Biden courted working class voters in hotly contested Michigan Wednesday as he warned that President Donald Trump's "negligence" in handling the coronavirus pandemic plunged the nation into recession.
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UK Chancellor Rishi Sunak Admits "Hard Times Are Here" As UK Plunges Into Deep Recession: Report
The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to new figures released today.
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Centre's Drone Incubation Fund To Have Allocation Of Less Than Rs 500 Crore: Official
The government's incubation fund DISHA that will promote indigenous manufacturing of unmanned aerial vehicles (UAVs) will be allocated less than Rs 500 crore due to the coronavirus-triggered economic "recession", Aviation Ministry Joint Secretary Amber Dubey said on Tuesday.
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Singapore Residents Wear Masks, Gloves To Vote In Elections Amid Pandemic
Singaporeans wearing masks and gloves queued to cast their ballots on Friday under the cloud of the COVID-19 pandemic that is pushing the city-state's economy towards its worst-ever recession, making saving jobs the focus of the election.
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Won't Be Able To Protect Every Single Job: Rishi Sunak Warns Of Recession
UK Finance Minister Rishi Sunak on Thursday reiterated his previous warnings that he would not be able to save every job and that the UK is headed towards a "significant recession" hit by the COVID-19 pandemic lockdown.
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COVID-19 Pandemic Drives Broadest Economic Collapse In 150 Years: World Bank
The coronavirus pandemic inflicted a "swift and massive shock" that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Monday.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
U.S. Oil Settles Below $100 A Barrel On Economic Worries, Strong Dollar
U.S. crude oil price settled below $100 a barrel on Tuesday to its lowest level in two weeks as the demand outlook was pressured by coronavirus lockdowns in China and growing recession risks, while a strong dollar made crude more expensive for buyers using other currencies.
-
Ark's Wood Remains Bullish On Tesla As U.S. Recession Fears Rise
Star stock picker Cathie Wood of Ark Invest remained bullish on top holding Tesla Inc. despite growing fears of a U.S. recession and shutdowns of the car maker's Shanghai factory due to spiking coronavirus cases.
-
In 2020 The Ultra-Rich Got Richer. Now They're Bracing For The Backlash
In 2020, as the world convulsed under COVID-19 and the global economy faced its worst recession since World War II, billionaires saw their riches reach new heights.
-
GDP Data Today: As India Looks Set To Exit Recession, Virus Spike Worry
As India's economic fortunes stand at the cusp of a turnaround, a spike in coronavirus cases across its key business centers risks undoing some of the gains.
-
Covid Crisis Dominates G20 Summit In Saudi, First For An Arab Nation
Saudi King Salman opened the G20 summit Saturday in a first for an Arab nation, with the virtual forum dominated by efforts to tackle the coronavirus crisis and the worst global recession in decades.
-
After Recession Warning, Government's New Moves On Economy: 10 Facts
The government today announced new measures to support the manufacturing sector and create jobs after the Reserve Bank of India said the country was set to enter a recession with estimates of another quarterly contraction. The country's economy has been badly hit by the coronavirus pandemic, with growth shrinking by a record 23.9 per cent between A...
-
Masks, Special Separators In 1st Parliament Session In Covid Times
With shields of hardened plexiglass installed around each bench, now only accommodating three instead of six parliamentarians, the Lok Sabha met for 20 minutes and then recessed for an hour on the first day of the Parliament's 18-day Monsoon session.
-
Japan Manufacturers Remain Gloomy For 14th Month: Report
Japan's manufacturers remained pessimistic for the 14th straight month in September, and though the gloom eased somewhat the broad results of the Reuters Tankan survey pointed to a painfully slow recovery for the coronavirus-stricken economy. The result underlines the huge challenge the country's next leader succeeding Prime Minister Shinzo Abe wil...
-
"Trump Negligence In Handling Pandemic Led To US recession": Joe Biden
Joe Biden courted working class voters in hotly contested Michigan Wednesday as he warned that President Donald Trump's "negligence" in handling the coronavirus pandemic plunged the nation into recession.
-
UK Chancellor Rishi Sunak Admits "Hard Times Are Here" As UK Plunges Into Deep Recession: Report
The UK economy plunged into a deep recession as it shrank 20.4 per cent between April and June at the height of the coronavirus lockdown, according to new figures released today.
-
Centre's Drone Incubation Fund To Have Allocation Of Less Than Rs 500 Crore: Official
The government's incubation fund DISHA that will promote indigenous manufacturing of unmanned aerial vehicles (UAVs) will be allocated less than Rs 500 crore due to the coronavirus-triggered economic "recession", Aviation Ministry Joint Secretary Amber Dubey said on Tuesday.
-
Singapore Residents Wear Masks, Gloves To Vote In Elections Amid Pandemic
Singaporeans wearing masks and gloves queued to cast their ballots on Friday under the cloud of the COVID-19 pandemic that is pushing the city-state's economy towards its worst-ever recession, making saving jobs the focus of the election.
-
Won't Be Able To Protect Every Single Job: Rishi Sunak Warns Of Recession
UK Finance Minister Rishi Sunak on Thursday reiterated his previous warnings that he would not be able to save every job and that the UK is headed towards a "significant recession" hit by the COVID-19 pandemic lockdown.
-
COVID-19 Pandemic Drives Broadest Economic Collapse In 150 Years: World Bank
The coronavirus pandemic inflicted a "swift and massive shock" that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Monday.
