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The pandemic has plunged Canada into recession. Employment rolls shrank from 19.2 million (mn) in February to 16.2mn in April. Although they rose to 16.5mn in May, concerns about…
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DOI: 10.1108/OXAN-DB253389
ISSN: 2633-304X
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Geographic
Topical
Unemployment insurance claims have risen sharply during the pandemic. The Labor Department will release its latest data later today: total claims are likely to involve 30 million…
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DOI: 10.1108/OXAN-DB252317
ISSN: 2633-304X
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Geographic
Topical
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.
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DOI: 10.1108/OXAN-DB252732
ISSN: 2633-304X
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Geographic
Topical
It includes large federal stimulus spending to spur economic growth and to alleviate the worst impacts of the collapse in global commodity prices, particularly oil. The budget…
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DOI: 10.1108/OXAN-DB210194
ISSN: 2633-304X
Keywords
Geographic
Topical
The push is intended to counter China’s growing economic and security presence within the region and has as a core policy the establishment of an infrastructure bank.