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COVID-19 may hit less resilient EU eastern areas more

Location:

EU

At least in the EU’s eleven eastern member states (EU-11), there has been significant if slow progress in lifting standards of living across the board in the past decade…

Pandemic will increase El Salvador financing needs

Location:

EL SALVADOR

The second quarter will almost certainly be worse. COVID-19 containment measures have hit consumption and investment while a US slowdown in the first half of the year has weighed…

Under-employment to drive the West's wages and policy

Location:

INTERNATIONAL

The impact of working less hours on policy.

Millions more US jobs can be added before rates rise

Location:

UNITED STATES

March figures continued the 2% growth trend, keeping the unemployment rate close to its lowest level in more than 50 years. The median length of time an individual is unemployed…

Guatemala’s economy is recovering but faces threats

Location:

GUATEMALA

An early reopening of the economy, unprecedented monetary and fiscal support and resilient remittances explain the relatively limited impact of the COVID-19 pandemic in 2020, when…

India will stick to prudence amid fiscal crisis

Location:

INDIA

Meanwhile, the government is under pressure to raise expenditure to help ease the pandemic-related economic crisis. Delhi is reluctant to borrow more, as an increase in public…

Social costs of dollarisation will be high in Cuba

Location:

CUBA

The economy, however, is in dire straits. Widespread shortages of everyday supplies are reminiscent of the crisis that followed collapse of the Soviet Union in the 1990s. Economic…

More Turks could lose jobs as COVID-19 plays out

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TURKEY

Hurriyet Editor-in-chief Ahmet Hakan has queried whether Turkey is becoming a society without class or privilege. Well-intentioned anti-crisis policies have widened inequalities…

US Supreme Court starts term amid turbulent politics

Location:

UNITED STATES

Most of the cases to be heard between now and June remain to be chosen but the list so far reveals some extraordinarily important issues. Justice Ruth Bader Ginsburg’s death and…

US Congress will spar over business liability

Location:

UNITED STATES

Senate Majority Leader Mitch McConnell wants to shield corporate defendants from legal liability from some COVID-19 claims, as some states relax their lockdowns. Republicans…