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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In an unprecedented effort to slow the spread of the highly contagious virus, countries around the world have implemented painful lockdowns responsible for killing countless jobs, dreams and people. In one country, more people committed suicide in October than died from Kovid-19 during the epidemic. Fox News reports that suicides …
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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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TOKYO (AP) – Japan’s economy shrank in April-June at an annual rate of 27.8%, the worst contraction on record since the coronavirus pandemic hit consumers and traders, according to government data released Monday . The Cabinet Office reported that Japan’s preliminary seasonally adjusted real gross domestic product, as GDP, the …
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One kilo gold bars. Photo credit: Dario Pignatelli / Bloomberg © 2016 Bloomberg Finance LP The frequently quoted line of the Merchant of venice is fit: “All that glitters is not gold.” But gold has been shining a lot lately. As the price per ounce rises to its all-time high, …
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