Australia’s government must present a comprehensive plan for future job creation as the country addresses the economic consequences of the coronavirus pandemic, Shadow Treasurer Jim Chalmers said on Friday. The government has announced a fiscal stimulus worth A $ 289 billion ($ 206.54 billion) around, around 14.6% of Australia’s GDP …
Read More »Eurozone PMIs recovered in July
Andrey Rudakov | Bloomberg | fake pictures Business activity in the euro zone rebounded in July, according to preliminary data, as tight coronavirus blockades were further relaxed and more people returned to work. In June, the region had already shown signs of a recovery with PMIs (Purchasing Managers Index) reaching …
Read More »Stock futures remain stable after strong settlement on Thursday
Brendan McDermid | Reuters US stock futures fell on Friday morning after big drops in top tech names pushed top averages lower during regular trading. Dow Jones Industrial Average futures fell 200 points. Futures also pointed to declines in the opening of the S&P 500 and Nasdaq 100. Tensions between …
Read More »CDC guidelines for reopening schools place great emphasis on students returning to the classroom
An overview of the Edward R. Roybal Centers for Disease Control and Prevention campus in Atlanta, Georgia on April 23, 2020. Tami Chappell | AFP | fake pictures With some school districts just a few weeks away from the start of the academic year, the Centers for Disease Control and …
Read More »Pompeo’s speech will have the ‘opposite effect’ in China, says former US diplomat
The speech by United States Secretary of State Mike Pompeo criticizing China was an “angry regret” and an “extended ideological speech” that would do little to change Beijing’s behavior, said a former US diplomat in Asia. Specifically, Pompeo’s apparent attempt to unite the Chinese people against the Communist Party of …
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