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Cuba's Economy Was Hurting. The Pandemic Brought a Food Crisis.
HAVANA — It was a lucky day for the unemployed tourism guide in Havana. The line to get into the government-run supermarket, which can mean a wait of eight or 10 hours, was short, just two hours long. And better yet, the guide, Rainer…
Africa steps up efforts toward economic recovery
By Edith Mutethya in Nairobi, Kenya | chinadaily.com.cn | Updated: 2020-09-20 17:37 With several countries in Africa showing signs of flattening the coronavirus infection curve, efforts are now underway toward investment in various sectors both at…
Argentina's economic woes send companies fleeing
A growing number of foreign companies are slashing investments in Argentina or fleeing altogether, fearing the leftist government's increasingly interventionist moves aimed at stabilising the struggling economy. While finance minister Martin…
Expect long-term economic scarring from Covid-19
The writer is chairman of Fulcrum Asset Management As winter approaches in the northern hemisphere, new Covid-19 infections — which are feared to rise in cold weather — continue their inexorable worldwide march. Nevertheless…
Denmark Is Not a Socialist Economic Nirvana
A recent New York Times op-ed observed that “Danes haven't built a ‘socialist' country. Just one that works.” A more precise observation would have been that Denmark has built a free-market democracy that works for Danes. Given…
Analysis: Trump's race-baiting might come at a cost to his economy
(CNN) President Donald Trump's increasingly naked race-baiting heading into the final stretch of the 2020 campaign suggests he shares the consensus explanation for his grip on White working-class voters: it's about their racial resentments, not…
Why harsh COVID-19 lockdowns are good for the economy
It has been a pile-on for the past few months as Team Australia has splintered right down the political divide. Border closures in Western Australia and Queensland have been called out as unnecessary while the Victorian lockdown has been labelled…
Economy Week Ahead: Housing, Employment and Factories
Data out this week is likely to underscore an emerging theme of the coronavirus recovery: The economy is getting better, but the pace of improvement is slowing and the longer-term outlook remains uncertain. The U.S. housing market has been a bright…
The economic recovery hangs in the balance as winter approaches
A version of this story first appeared in CNN Business' Before the Bell newsletter. Not a subscriber? You can sign up right here. London(CNN Business) Months after top economies first enacted strict quarantines, the Covid-19 pandemic is approaching…
Op-Ed: UAE-Bahrain deals with Israel offer chance at a 'warm peace,' economic growth and a moderate Mideast alliance
Published Sun, Sep 20 2020 11:04 AM EDT It's been a safe bet over the last four decades to 'short' the region, as other parts of the world have moved ahead economically, technologically and politically. Yet something more promising is in the air in…
8 days to economic apocalypse
In the dark days of late March, the situation was dire for many Australians. Lines were out the door and around the block at Centrelink offices across the nation and there were predictions that as many as 3.4 million people faced the prospect of…
Oil sector deregulation'll revolutionise Nigeria's economy, says IPMAN President
Elder Chinedu Okoronkwo is the National President of the Independent Petroleum Marketers Association of Nigeria (IPMAN). He spoke to PHILIP NYAM on the deregulation of the oil sector, recent hike in prices of petroleum products and other related…
The Economic Impacts of Removing Unauthorized Immigrant Workers
Endnotes and citations are available in the PDF and Scribd versions. This report contains a correction. See also: Interactive: Removing Unauthorized Workers Harms States and Industries Across the Country by the CAP Immigration Team and Andrew Lomax…
The next steps the RBA will take to help the economy
Indeed, at its September board meeting, the Reserve Bank agreed to expand its balance sheet by an additional $57 billion by boosting the supply of low-cost loans to the banks under its term funding facility. This facility provides banks with around…
Virtual UN Is Latest Blow to New York City's Battered Economy
New Yorkers used to dread the snarled traffic of late September as thousands of diplomats, their motorcades and entourages would descend upon Manhattan for the United Nations General Assembly. They won't have to worry as the event kicks into high…
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