Search results

Poorer middle class is a constraint on Russian growth

Location:

RUSSIA

One study suggests that 1.5 million middle-class people lost their jobs in 2020. Despite government assistance programmes to keep employees in work and ease home-buying, the…

COVID-19 and oil shocks raise Gulf recession risks

Location:

GULF STATES

Lower oil and gas revenues are the major transmission channel of the global crisis to regional economies, but tourism, financial and professional services are also taking a major…

US Congress scrambles to help smaller virus-hit firms

Location:

UNITED STATES

The package would close loopholes and make improvements to the CARES Act so that money will get to small businesses. However, the parties disagree over whether funding for medical…

Politics will exacerbate Lebanon’s economic crises

Location:

LEBANON

Lebanon also only has a caretaker government with restricted powers, at a time when the economy has contracted for four consecutive years. A staff-level IMF package worth USD3bn…

Moroccan Five-Year Plan's main effect may be economic

Location:

MOROCCO

The budget was subsequently presented to parliament for discussion on October 18. The 2022 budget was increased to USD27bn, up from USD25.4bn in 2021. Akhannouch’s Five Year Plan…

Low-income health needs more than isolated innovation

Location:

INTERNATIONAL

Innovating in healthcare.

US Fed faces long-term COVID-19 challenges

Location:

UNITED STATES

In responding to COVID-19, the Fed, working with the Treasury, is making massive fiscal interventions. Congress has also appropriated 3 trillion dollars in aid so far.

Asia-Pacific will be cautious about blank-cheque firms

Location:

ASIA/PACIFIC

SPACs -- also known as ‘blank-cheque’ companies -- raise money through initial public offerings (IPOs) and then look to merge with or acquire private firms, thereby giving the…

Virus will have wide effects on US industry

Location:

UNITED STATES

Trump on March 16 ordered social distancing and many businesses’ closure for 15 days, to slow COVID-19’s spread and avoid overwhelming hospitals. Transport, tourism, leisure…

AI adoption in UK healthcare will be slower than hoped

Location:

UNITED KINGDOM

Hopes of transforming NHS by rapidly deploying AI.