France slipped back into contraction in October and dragged the euro zone composite PMI to 51.9, a four-month low, as energy costs rose and French bond yields topped 5% for the first time since 2002.
It will take three years to recover the global economy after the COVID-19 coronavirus pandemic, said IMF Managing Director Kristalina Georgieva, Voice of America reports. Georgieva noted that the biggest shock had
The Corona horror reports have an additional scare in the case of Greece. Several of the refugee camps in the country, some of which are overwhelmingly overcrowded, are under quarantine because the
French President Emmanuel Macron has extended the stringent exit restrictions in the fight against Covid-19 until May 11th. There is hope, Macron said on Monday night in a televised speech. But in
Frankfurt / Main (TEH) – At the beginning of the sixth week of the Corona crisis, investors in the German stock market have taken some courage again. After the leading German index
The EU has failed to develop a common strategy against the impending collapse of the economy as a result of the corona crisis. At a video summit, Italy and Spain clashed with
Central banks around the world are ready to release fresh money to boost the markets in times of pandemic worries. “The G7 central banks are determined to assume their responsibility for growth and
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