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Tag: business and finance – economics (general)

The recovery of the Chinese economy shoots up: it grows 4.9% in the third quarter

The recovery of the Chinese economy shoots up: it grows 4.9% in the third quarter

  In the rebirth of post-covid China, the scare of an economy that contracted by 6.8% in the first quarter of the year, the first fall since the end of the Cultural Revolution in 1976, seems to be left behind. Blockades to curb the coronavirus left the second world power trembling. The factory of the […]

Business pessimism extends to employment: 24% will reduce their workforce before the end of the year

Business pessimism extends to employment: 24% will reduce their workforce before the end of the year

Companies face a tough final quarter of the year with confidence about the progress of their businesses still on the floor. Although the perspectives improve somewhat compared to those that were glimpsed for the summer months – just after the first State of Alarm -, only a 8.1% believe that business progress will be favorable […]

The Generalitat calls on the Government to make a tax moratorium on the pandemic

The Generalitat calls on the Government to make a tax moratorium on the pandemic

The Vice-President of the Generalitat acting as President, Pere Aragones, has asked in a letter to the President of the Government, Pedro Sánchez, for a moratorium on the payment of VAT, corporation tax and Social Security contributions for the sectors most affected by measures to curb the Covid-19 pandemic. Aragones, also the conseller of Economy […]

The Mediterranean Corridor will receive triple the investment to be a shock to the Covid crisis

The Mediterranean Corridor will receive triple the investment to be a shock to the Covid crisis

  “Investing in the Mediterranean Corridor is betting on public investment so that it helps to overcome the economic undermining that this crisis is generating as soon as possible.” With these words, the Secretary of State for Transport, Mobility and Urban Agenda, Pedro Saura, wanted to make clear the importance of this infrastructure for the […]

The WTO authorizes the EU to punish the US with 4 billion annual tariff countermeasures

The WTO authorizes the EU to punish the US with 4 billion annual tariff countermeasures

The World Trade Organization (WTO) this Tuesday authorized the European Union (EU) to impose tariffs on products from the United States with an annual ceiling value of $ 3.993 billion, about € 2.9 billion at the current exchange rate, as compensation for subsidies received by Boeing between September 2012 and September 2015 and which have […]

The IMF improves its forecasts for the large developed economies with only one exception: Spain

The IMF improves its forecasts for the large developed economies with only one exception: Spain

The International Monetary Fund (IMF) estimates that the coronavirus has launched into “extreme poverty“- that is, to live on less than 1 dollar with 61 cents a day – 90 million people, the equivalent of twice the population of Spain. It has caused the greatest crisis in history since the Great Depression that occurred 90 […]

The coronavirus will have an impact on the world economy 44 times greater than that of the 2008 crisis

The coronavirus will have an impact on the world economy 44 times greater than that of the 2008 crisis

  This year alone, the coronavirus will have an impact on the world economy 44 times greater than the financial crisis of 2008-2009. This has been explained by the chief economist of the International Monetary Fund (IMF), Gina Gopinath, at the press conference to present the report of World Economic Outlook, recalling that “the magnitude […]