Corona slows down the Japanese economy

Corona slows down the Japanese economy

Tokyo: The Japanese economy has been hit by the severe recession because of the Coronavirus pandemic, which is rampaging around the world. Japan is the first of the top three economies of the world to be hit by a recession. It is being said that the Coronavirus pandemic has resulted in the loss of nearly […]

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Union Finance Minister announces additional benefits for the agricultural sector

Union Finance Minister announces additional benefits for the agricultural sector

New Delhi: On Friday, Finance Minister Nirmala Sitharaman declared additional benefits for the joint ventures of farmers and agriculture businesses. The Finance Minister also shared information regarding the new plans to be implemented for businesses such as fishery and pisciculture. Besides, vaccination programmes will be held for 53 crore cattle too. Most importantly, the Finance […]

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German economy will fall below the level seen after the second world war, warns European study group  

German economy will fall below the level seen after the second world war, warns European study group  

Berlin: – A European study group issued a serious warning that the German economy will slide to the lowest level, worse than the state after the second world war, because of crashing exports, in view of the Coronavirus pandemic. Study group ‘Institute for Economic Research’ (IFO) has said that the German economy has declined by […]

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Europe at the brink of a new economic crisis, claim economists and analysts

Europe at the brink of a new economic crisis, claim economists and analysts

Brussels/Berlin: Both Germany and the United Kingdom, known to be the mainstays of the European economy are reeling under the shadows of recession. The German economy has fallen by 0.1% in the third quarter of 2019 and has recorded a decrease in demand for industrial production in the last two months. The investments in the […]

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China should sever ties with the US economy, warn Chinese economists

China should sever ties with the US economy, warn Chinese economists

Beijing: A Chinese economist and analyst, has made a dramatic statement saying that it was possible to sever the economic and trade ties, between the two leading economies of the world, the United States and China. The Chinese economist has drawn the world’s attention with the statement, just as the trade war US President Donald […]

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Iran likely to face the worst recession, warns World Bank

Iran likely to face the worst recession, warns World Bank

Washington: The World Bank warned that Iranian oil exports are almost nil because of the harsh US sanctions. Oil exports being the primary source of funding in the Iranian economy; this is affecting the Iranian markets. Therefore, Iran may face an unprecedented recession.’ The World Bank also criticised the economic policies of the Iranian President […]

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