As Germany prepares for a ‘soft confinement‘as of November 2, Helge Braun, Chief of Staff of the German Chancellor, Angela Merkel, said he is confident that the lockdown can prevent hospitals from being overwhelmed by coronavirus patients. “The lockdown that Merkel agreed with the state prime ministers was aimed at allowing the economy to function […]
Tag: Macroeconomy
Merkel pushes for schools to stay open – Bild
Following reports on Tuesday suggesting that German Chancellor Angela Merkel is considering a “soft” confinement With coronavirus cases on the rise in Europe’s economic powerhouse, Bild notes that Merkel is expected to push for schools and kindergartens to stay open when she meets with the state’s prime minister to discuss the issue later on Wednesday. […]
Trump and Biden accuse each other of failing to reach an agreement on the fiscal stimulus plan
In the last part of the presidential debate between Donald Trump and the Democratic candidate Joe Biden, the moderator Kristen Welker has asked about the fiscal stimulus American. The president has responded that he has already approved three proposals, and has attacked Nancy Pelosi. House Speaker and Democrat Nancy Pelosi does not want to pass […]
Germany’s RKI declares Ireland, Poland, Switzerland and the UK as risk areas
The Robert Koch Institute (RKI) of Germany has warned of the uncontrolled spread of the coronavirus in a statement Thursday. The organism has classified Ireland, Poland, Switzerland and the United Kingdom as risk prone areas of coronavirus within the euro zone. This comes after Europe’s economic powerhouse reported 11,287 new cases of coronavirus on Thursday, […]
Health Minister says drastic measures are needed as the coronavirus epidemic is not under control
The Spanish Minister of Health, Salvador Illa, on Thursday expressed his concern about the rapid rise in coronavirus cases, while the second wave accelerates in the European country. Key Comments: “Drastic measures are needed as the coronavirus epidemic is not under control in Spain”. “The next 5-6 months will be tough regarding the coronavirus pandemic. […]
Germany registers 11,287 new cases, the largest daily wave
Germany confirmed Thursday 11.287 new cases of coronavirus, registering the largest rise in a single day so far, according to the latest statistics published by the Robert Koch Institute (RKI). The total count now stands at 392.049. On Tuesday, the count increased by 7.830. The death toll rose to 30, bringing the total to 9.905. […]
The value of world trade will fall between 7% to 9% in 2020 due to the COVID-19 pandemic
According to the latest report published by the United Nations Conference on Trade and Development (UNCTAD), global trade recovered in the third quarter, but the outlook remains uncertain amid the economic disruptions caused by the COVID-19 pandemic. Highlights “The value of world trade is expected to decline between 7% and 9% in 2020 from the […]
In Germany, new cases increase to 6,868; Interim results of Moderna’s vaccine come out in November
According to the latest coronavirus statistics released by Germany’s Robert Koch Institute (RKI), the European powerhouse reported 6,868 new infections on Tuesday. The total count is now 373,167. The number of deaths rose sharply to 47, bringing the total to 9,836. The daily death count is the highest since late May. Despite worrying German statistics, […]
Germany records 4,325 new infections, the lowest in six days
According to the latest coronavirus statistics released by Germany’s Robert Koch Institute (RKI), the European powerhouse reported 4,325 new infections on Monday, highlighting the effect of the weekend. Monday’s figures mark the smallest daily increase in six days, as the German economy battles the second wave. The total account now stands at 366,299. However, the […]
UK Government Scientific Adviser believes a three-week shutdown is necessary to stem the COVID-19 spiral
Amid a relentless rise in coronavirus cases in Britain, the government’s scientific adviser, Jeremy Farrar, said a three-week period of national lockdown restrictions needs to be immediately imposed to contain the spread of COVID-19. Featured Statements The current tiered restrictions will not sufficiently reduce transmission rates or prevent the virus from spreading further. A three-week […]
