Catastrophic unemployment and large-scale crisis: how a pandemic affects the economy of the United States and the world

The coronavirus, which spread from China, has already infected more than 300 people worldwide. However, the spread of the disease has also extremely seriously affected the economies of different countries around the world, writes the BBC. The Organization for Economic Cooperation and Development has already stated that the world ...

The US economy is no longer the most competitive in the world: what happened

The United States has lost the title of the most competitive economy in the world, losing it to Singapore, according to the updated ranking of the Swiss business school IMD. For the first time, two economies of the Middle East - Qatar and the United Arab Emirates - were in the top ten. Singapore ten years later returned to the top of the ranking of the most competitive ...

The Dow Jones Index fell almost 400 points on Thursday

An extremely insane first week of the year for US stock traders was exacerbated on Thursday when the Dow Jones Industrial Average fell 392 points. Thus, American funds fell by 5% in the first days of 2016. Among other things, on the indicators of an index covering 30 ...

Moody's: G20 economies will not return to 2008 level of the year

According to the forecast of analysts from the international rating agency Moody's, the economic indicators of the world's leading G20 countries will not reach the indicators of 2008 for at least another five years, Bloomberg reports. The aggregate growth of production in the group, which includes the 19 most economically developed countries, ...

Davos billionaires talked about threats to the global economy

Billionaires gathered at the World Economic Forum in Davos, Switzerland fear terrorism, low oil prices and an escalating situation in Ukraine, according to a Bloomberg poll. They also almost unanimously expect the US Federal Reserve to keep interest rates at a record low for a long ...

Cheap oil poses a threat to the global economy

The World Bank has cut recent forecasts for tangible economic growth, providing no basis for higher fuel prices. Meanwhile, oil this morning fell a little more, reaching another low. Since June this year, oil prices have dropped by almost 60% to ...

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