OTTAWA – Canada’s deficit is growing at the fastest rate in developed countries as it seeks to boost its economy during the Covid-19 epidemic. Canadian officials are betting that the aggressive approach will pay off, focus on the number of jobs already received, and argue that the country can finance …
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The coronavirus ended the longest economic expansion in U.S. history. That was not the only problem. When the U.S. The next deepest downturn was when he was overwhelmed with debt. Why does this matter? Economies that carry a lot of debt usually have a weak recovery. Businesses and consumers focus …
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BEIJING – While the rest of the world is struggling to contain the coronavirus, China’s recovery is gaining momentum, and it is positioning itself to close its gap with the US economy further. Throughout China, restaurants and gyms are busy again. Metro cars and lounges for departure from airports are …
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A woman in a protective face mask is waiting for clients at a souvenir shop in landmark Southbank – a cultural center of London, as the city encourages internal tourism after drastic shrinkage of Coronavirus international tourism shrank in London, England, 10 August 2020. Dominika Zarzycka / Zuma Press The …
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