INFLATION: The commitment of manufacturers to lower the prices of a hundred food products is really good news for consumers Hundreds of food products will see their prices drop from July under a commitment made to Bercy by 75 major food manufacturers, Bruno Le Maire promised on Friday. Among the products concerned, Bruno Le Maire cited […]
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ECONOMIC CRISIS: Like its European neighbours, the economy of the United Kingdom has been hit hard by the coronavirus epidemic The country had never experienced such an economic downturn. Like its European neighbours, the United Kingdom saw its economy suffer a “record” contraction of 20.4% in the second quarter, hit by the coronavirus crisis. Officially faced with its worst […]
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JAPAN: The Japanese economy, already in bad shape at the end of 2019, began in the first quarter of 2020 to suffer the shock of the coronavirus, from which it should continue to suffer. The recession is back in Japan, which experienced a second straight quarter of contraction in the gross domestic product (GDP) between January and the end […]
Continue ReadingAn interesting piece that I have just come across is the announcement that the French economy grew by 0.14% in the third quarter of 2008 has baffled the pundits and delighted the government. While Germany, Italy, Britain and the United States have moved clearly into recession, France has managed to grow its economy, albeit by […]
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