Tag "covid-19"

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Business in Times of Corona

Ten weeks ago, CFI.co published a series of five reports on the portent of a novel economic event. Some 70,000 words later, that event has become – not arguably, but factually – the most significant news story of our lives.

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The Value of News

Lee Enterprises for Davenport, Iowa, is a leading US provider of local news. In January, the company paid $140 million to add 31 smaller-circulation newspapers to its burgeoning stable that includes such hallmarks of print as the St Louis Post-Dispatch

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Recession or Depression: Nadir Has Passed, Recovery Delayed

The shape of things to come seems not to resemble the ‘V’ promised early on in the Corona Recession. With a little luck, growth graphs may yet turn into a hesitant ‘U’ shape. Die-hard optimists took heart from the latest

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EIB – Spain: COVID-19 – EIB provides Madrid Region with EUR 600 million to strengthen its response to the health emergency

The European Investment Bank (EIB) is assisting the Madrid Region in its efforts to tackle the COVID-19 health emergency. The EU bank is providing a EUR 600 million loan on favourable terms to enable the authorities to adapt Madrid’s health facilities

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World Bank Group: 100 Countries Get Support in Response to COVID-19 (Coronavirus)

Unprecedented Crisis Could Push Up to 60 Million into Extreme Poverty WASHINGTON, May 19, 2020— The World Bank Group today announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70% of the world’s population.

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WTO goods barometer flashes red as COVID-19 disrupts world trade

The volume of world merchandise trade is likely to fall precipitously in the first half of 2020 as the COVID-19 pandemic disrupts the global economy, according to the WTO Goods Trade Barometer released on 20 May. The index currently stands

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AstraZeneca advances response to global COVID-19 challenge as it receives first commitments for Oxford’s potential new vaccine

Company working on a number of agreements in parallel to ensure broad and equitable supply of the vaccine throughout the world at no profit during the pandemic First agreements to supply at least 400 million doses; Company has total capacity

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Islamic Development Bank: US$10 billion to help its MCs: Final Communiqué Heads of Arab Coordination Group Institutions

At the invitation of H.E. Dr. Bandar Hajjar, the Heads of Arab Coordination Group institutions met to discuss a coordinated initiative to address and mitigate the impact of COVID-19, and issued this joint statement At the invitation of H.E. Dr. Bandar

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Money for Nothing

From a mere medium of exchange, money has turned into a pixie dust that, sprinkled liberally, brings economies to bloom and wards off evil thoughts and spirits. The idea that coin is just a more refined and convenient form of

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No Quick Recovery for Europe

Just before the weekend, Germany nosedived into a recession after the Statistisches Bundesamt, the country’s statistics bureau, announced a 2.2 percent contraction of GDP over the first three months of 2020. The economy shrank 0.1 percent in Q4 2019. A

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