The expansion of Japan's manufacturing activity reduced this month, while the services sphere dropped at a very fast rate coming from May 2020. This is a reflection of the economy's growing toll from the latest spread of the Corona Virus The General Effect of COVID-19 on Japan’s Business …
Money management
PBOC (Peoples’ Bank of China) Is Offering More Medium-Range Loans Than Anticipated to Alleviate the Economic Downturn
On Monday, China’s central bank pumped much money into the financial system through medium-range loans. This action is seen to bolster the economy, although the loan rates remain the same. Reasons for the Infusion of Medium-Range Loans to Cushion the Economic Slump in China More accommodative …
COVID Free New Zealand Takes an Economic Downturn Amidst Clamor for Border Restrictions Removal
New Zealand is experiencing an economic downturn despite success on the health front. The measures taken to curb and curtail the spread of COVID 19 have led to labor shortages in different sectors of the economy. This is in turn leading to inflation. The Prime Minister has promised to address the …
