Considering China's recovery seems to be continuing, the expert said what can be expected is that China will both further provide the goods demanded by other countries and also recover its demand not only for raw materials, but also for consumption goods. "Then there will be increasing demand also for foreign consumption goods," she said. … [Read more...] about Interview: China’s economic recovery has great importance for world, says OECD expert
Earlier, global agencies predicted negative growth in the Indian economy. The World Bank has forecast a contraction of 9.6% in the current financial year (April 2020 – March 2021). Goldman Sachs said India's economy would shrink by 10.3 percent, while India Ratings maintained that the economy would contract 11.80 percent. … [Read more...] about Stronger Than Expected Recovery Visible in Indian Economy, Says Apex Bank Chief
After witnessing a sharp contraction in gross domestic product (GDP) by 23.9 percent in April-June quarter of 2020-2021 and a multi-speed normalization of activity in July-September, the Indian economy has exhibited stronger than expected pick-up in momentum of recovery, the governor said. … [Read more...] about India’s central bank governor cautions on downside risk to economic growth as COVID-19 cases surge
"The recovery plan is urgently needed since the climate, biodiversity and ecosystems as well as human health are fully integrated and interdependent," Koudenoukpo told African major groups and stakeholder's virtual meeting in a speech read on her behalf by Mohamed Atani, UNEP head of communication and outreach unit, Africa office. … [Read more...] about UNEP says Africa needs green stimulus to hasten recovery
China will hold the annual expo and business and investment summit as scheduled, and President Xi will make a video speech, fully demonstrating China's determination to uphold higher-level opening up and continue to promote China-ASEAN economic and trade cooperation, said Zhao. … [Read more...] about Update: Xi to address opening ceremony of China-ASEAN expo via video
Even if Congress passes an aid bill early next month, it could take weeks for the IRS to electronically deposit the funds into people's bank accounts, much less mail out millions of paper checks. It took between one and three months for most Americans to get their so-called Economic Impact Payment after the bill was signed into law this spring. … [Read more...] about Will you get a stimulus check by December 31?