During the early days of the Covid-19 pandemic, in March, European Central Bank (ECB) President, Christine Lagarde, dismissed calls by Italy for financial assistance. Lagarde, however, changed her tune after her initial response was met with disdain from the financial market community to one of commitment to avoid fragmentation for the euro area.
Data analysis firm, ACT Research, is optimistic about the state of North America’s trailer manufacturing industry.
The Gross Domestic Product (GDP) in Spain was worth $1,460 billion USD in 2019, according to official data from the World Bank and projections from Trading Economics. The GDP value of Spain represents 1.21 per cent of the world economy.
The Government of the Republic of Indonesia applies a presidential system to its democratic country along with five Pancasila principles that are interrelated and inseparable, namely: the belief in one God; a just and civilised humanism; unity of Indonesia; democratic citizenship lead by wise guidance born of representative consultation; and social just for all the people of Indonesia.
The World Health Organization was alerted to several cases of pneumonia in Wuhan City, Hubei Province of China on 31 December 2019. The virus did not match any other known virus which raised concerns.
Growing geopolitical unrest and trade tensions in the region has done little to hamper the projected economic outlook in Turkey as central banks have helped boost confidence and mitigate economic downturn despite the recent threat of US sanctions and military actions in nearby Syria.
Climate change action is set to transform how countries throughout Europe and the rest of the world operate. By 2030, the Netherlands aims to reduce its greenhouse gas emissions by 49 per cent compared to 1990 levels. The measures to do this are laid down in the national Climate Agreement that the Minister of Economic Affairs and Climate Policy, Eric Wiebes, sent to parliament on 28 June 2019, also on behalf of the Ministers of the Interior and Kingdom Relations, Agriculture, and Infrastructure and Water Management.
The Republic of South Africa held a cabinet meeting in August at the Union Buildings in Pretoria. The Government outlined its National Economic Development and Labour Council (NEDLAC) commitments.
Trading economics indicate that the French economy grew 0.3 per cent on quarter in the three months to March 2019 – the same as in the previous period and matching a preliminary estimate and market expectations. Household consumption rose further while fixed investment eased and net foreign demand contributed negatively. The Gross Domestic Product (GDP) rate in France averaged 0.78 per cent from 1949 until 2019, reaching an all-time high of eight per cent in Q3 1968 and a record low of -5.30 per cent in Q2 1968.
New Zealand’s Minister for Economic Development, David Parker, presented a manufacturing sector report last year that celebrated the emergence of new and inventive manufacturers, in light of a hard slog following the Global Financial Crisis.