More terrible than coronavirus: starvation threatens millions of people in the poorest countries

Economic decline, deteriorating health care, rising domestic violence - the coronavirus pandemic is multiplying a number of other important problems in the world. As the harvest season approaches, experts point to a new threat - mass hunger in Africa and Asia, writes Voice of America. In 2020...

Coronavirus financial loss of Americans in one picture: infographics

Nearly half of Americans faced declining incomes during the COVID-19 pandemic, which triggered a major US economic downturn, second only to the Great Depression. A poll by Bankrate.com showed that 49% of US adults have felt the negative impact of the coronavirus on their ...

Coronavirus leads the world to the worst crisis in 100 years: forecast of IMF chief economist

The coronavirus plunges the world into the deepest economic crisis since the Great Depression between the two world wars. It will easily and quickly overshadow the financial crisis of a decade ago, and at best the planet will recover from it only next year, missing ...

US companies reduce hiring to 7-year low

According to a business survey, the rate of hiring by US companies fell to a seven-year low. In addition, fewer employers are raising the wages of their employees. Only a fifth of economists surveyed by the National Association of Enterprise Economics reported that their companies hired additional workers for ...

In the US securities market, the last indicator of the approaching recession

In the United States, for the first time since 2007, there has been a yield inversion on two-year and ten-year Treasury bonds. The situation when the yield of short-term securities is higher than the yield of long-term bonds is extremely rare and almost always a harbinger of an economic recession. As of the morning of August 14 ...

The International Monetary Fund warned of the global economic crisis

The world is facing a new financial crisis in the coming years, which will occur due to the fall in the cost of basic raw materials. This was stated by Deputy Head of the International Monetary Fund (IMF) David Lipton, writes “Today”. “The storm clouds of the next global financial crisis are already gathering,” he said.…

The situation on the bond market indicates the approach of the economic crisis in the US

The US bond market is showing indicators that warn of an imminent economic crisis in the country. For the first time in the last decade, part of the bond yield curve has inverted, writes Time. On December 3, the yield on 5-year Treasury bonds fell below the yield on shorter-term 3-year bonds ...

Experts predict an economic crisis in Russia

Russia's economic growth has slowed down, in August GDP grew by only 1%. The government is forecasting weak growth next year. Prime Minister Dmitry Medvedev admits that the next six years will not be easy. But it promises in the future growth of real incomes of the population and acceleration of the economy. Experts ...

The situation in the US bond market indicates the approaching economic crisis

The US stock market is approaching record highs. But one of the most famous indicators in the bond market suggests that the US will face another economic recession in about a year. The yield curve that tracks the difference between 10-year and short-term rates has narrowed to ...

Economists have identified two signs of the upcoming US economic crisis.

Many economists believe that house prices and higher loan interest rates are signs of an approaching economic recession in the United States, writes CNN. “One of the biggest challenges is the housing market. Its fall suggests that overall economic growth of 4%, which ...

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