SA unemployment rate could reach 40% due to COVID-19

[ad_1] Some companies have already closed their doors due to a month-long blockade, which restricted economic activity across the country as the government tried to mitigate the spread of COVID-19. FILE: Director General of the National Treasury, Dondo Mogajane, at an inter-ministerial briefing on the coronavirus on March 24, 2020. …

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Trump administration is pushing to rip China’s global supply chains

[ad_1] Photo: Reuters WASHINGTON: The Trump administration is “pushing” an initiative to remove China’s global industrial supply chains as it weighs new tariffs to punish Beijing for its handling of the coronavirus outbreak, according to officials familiar with the United States’ planning. President Donald Trump, who has stepped up recent …

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