Consider this: Even as the war of words between the two countries continued under the newly elected Biden administration, as a legacy from the Trump era, China s trade with the US went up 61.3 per cent with $165 billion in the first quarter of this year. Among all of China s trading partners, this is the highest growth rate, as per China s official data. Whil
Global economic recovery from pandemic to take at least two years: Athens forum Xinhua | Updated: 2021-05-14 09:36
ATHENS The global economic recovery from the COVID-19 pandemic will take at least two years, officials and experts told an economic forum held in Athens and online. Recovery will take time. Economy cannot start simply by pressing a button. It will take two years, British-Cypriot Nobel laureate economist Christopher Pissarides said on Thursday while addressing the Delphi Economic Forum VI. We will return to a kind of normalcy in 2024 at the latest, Gunther Oettinger, former European Commissioner for Budget and Human Resources, said.
Gold prices rose back to last Friday s 14-week highs in London today as new US data said inflation is fast outpacing the recovery in industrial output while retail sales have fallen
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SHETLAND Islands Council leader Steven Coutts has questioned some of the conclusions of a report that ranked the islands among the worst local authority areas in the country for investment and infrastructure.
The UK Prosperity Index for 2021, drawn up by the Legatum Institute, placed Shetland near the bottom of 379 local authority areas in terms of its attractiveness to investors (361st), the quality of its infrastructure (378th), living conditions (361st) and the openness of its economy (377th).
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However the islands came near the top of the league table for inclusiveness (12th), safety and security (3rd), personal freedom (8th) and natural environment (15th), while it also placed relatively highly as 72nd in terms of enterprise conditions.