Economy

Wednesday, October 21st 2020 - 08:58 UTC
Robots will replace 85 million jobs in next five years, but 97 million will be created in tech industries, WEF study

Robots will destroy 85 million jobs at mid-sized to large businesses over the next five years as the COVID-19 pandemic accelerates changes in the workplace likely to exaggerate inequalities, a World Economic Forum (WEF) study has found.
Wednesday, October 21st 2020 - 08:47 UTC
US deaths historic stats jumps 300,000 during pandemic 2020; Hispanics and blacks most affected

Nearly 300,000 more people have died in the United States in 2020 during the coronavirus pandemic than would be expected based on historical trends, with at least two-thirds due to COVID-19, a government report released on Tuesday showed, adding that COVID-19 deaths likely were undercounted.
Tuesday, October 20th 2020 - 09:30 UTC
TRIP: How is the tourism voucher scheme launched in the Falklands

Today, as part of a raft of recovery measures designed to support businesses and stimulate economic growth throughout the Falkland Islands during the global pandemic, the island’s government (FIG) is pleased to announce the launch of the Tourism Recovery Incentive Programme – or ‘TRIP’.
Monday, October 19th 2020 - 09:49 UTC
IMF and top central bankers agree global economic recovery needs more public spending

The International Monetary Fund said more public spending will be needed to complete the economic recovery from coronavirus, joining central bankers and finance leaders who are urging governments to set aside fears about mounting debt for now.
Monday, October 19th 2020 - 09:29 UTC
Panama offers arriving travelers Covid-19 tests in an effort to resume economic activity

Panama is the latest country to offer travelers a COVID-19 test when they arrive at its main airport, a little less than a week after resuming international flights following a seven-month suspension due to the pandemic.
Monday, October 19th 2020 - 09:10 UTC
Anglican archbishops warn about Brexit as the Internal Markets Bill will be discussed in House of Lords

The UK's five Anglican archbishops have warned the government that its new Brexit bill could set a “disastrous precedent”, in a rare joint letter. The Internal Markets Bill could damage the relationship between the UK's four nations, the five, including Archbishop of Canterbury Justin Welby, write in the Financial Times.
Monday, October 19th 2020 - 09:03 UTC
US/Brazil bilateral trade in 2020, the lowest in eleven years

The American Chamber of Commerce in Brazil, (AmCham Brasil) released the ‘Brazil-United States Trade Monitor’, which pointed out that bilateral trade in 2020 between Brazil and the United States until September registered the worst result of the last 11 years.
Monday, October 19th 2020 - 09:00 UTC
Ardern's landslide victory means New Zealand's next parliament to be the most inclusive ever

New Zealand's next parliament is set to be the most inclusive ever, with several people of color, members from the rainbow communities and a high number of women. The ruling Labour Party was handed a resounding mandate in the election over the weekend, as voters rewarded Prime Minister Jacinda Ardern for her decisive response to COVID-19.
Monday, October 19th 2020 - 08:32 UTC
China recovers in the third quarter but misses forecasts

China stepped up its economic recovery in the third quarter from the coronavirus shock but missed forecasts, pointing to continued challenges for one of the few drivers of global growth this year.
Saturday, October 17th 2020 - 09:58 UTC
Argentine president confident in the ruling coalition unity to face challenges, despite signs of rifts

Argentina’s ruling coalition is showing signs of strain just 10 months into power, further complicating the nation’s challenge to climb out of a deep recession while President Alberto Fernandez’s popularity dives.