Geneva, Feb 22 (Prensa Latina) Venezuelan President Nicolas Maduro denounced on Monday at the UN Human Rights Council (HRC) the impact of the economic blockade against his country and the obstacle it represents in fighting Covid-19.
Ifo-Index: Optimismus in der Wirtschaft | Wirtschaft | DW dw.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dw.com Daily Mail and Mail on Sunday newspapers.
Vinod Nair, Head of Research at Geojit Financial Services, said that the market was largely in a consolidation phase throughout the week following weak global cues.Bear
Doha: The US economy is in the middle of one of the most dramatic economic recoveries ever seen. After the US GDP collapsed by more than 31 percent annualized in Q2 2020, it rebounded strongly on the back of massive policy stimulus and a successful adaptation to the pandemic. US GDP printed annualized growth rates of 33 percent and 4 percent in Q3 and Q4 2020, respectively.
While the overall Covid-19 downturn was five times deeper than the average US contraction during a recession, it was extremely short in duration, lasting only about a quarter of the time of an average recession.
Importantly, the recovery is proving to be durable, lasting for several quarters and not showing any signs of receding, despite continuous waves of new Covid-19 cases. In fact, the US weekly leading index of economic activity, which is a composite of high-frequency data that tends to lead the business cycle by 3 to 10 months, still points to a rapid acceleration in activity at least for the next cou
Glocalization transcends Think Global, Act Local
One could argue that Umbrella concepts like ‘globalization’, ‘sustainability’, and ‘development’ are ideologically charged. Globalization, in particular, has more than enough forces and dimensions to talk about, however, the most common take on it is from an economic viewpoint.
Dr B K Mukhopadhyay
(The author is a Professor of Management and Economics, formerly at IIBM (RBI) Guwahati. He can be contacted at m.bibhas@gmail.com)
Dr. Boidurjo Rick Mukhopadhyay
(The author, international award-winning development and management economist, formerly a Gold Medalist in Economics at Gauhati University)
One could argue that Umbrella concepts like globalization , sustainability , and development are ideologically charged. Globalization, in particular, has more than enough forces and dimensions to talk about, however, the most common take on it is from an economic viewpoint. Both proponents and opponents tend to per