A spiraling supply shock spreading across Asia threatens to cross the Pacific and reshape everyday life in the United States
In a spirit of compromise, Parliament made a concrete and realistic proposal for an immediate increase of key programme envelopes in the long-term EU budget by €39bn.
MoreThe coronavirus pandemic has plunged Europe into its deepest contraction since World War II. The EURO area economy is foreseen to contract by about 8.75% in 2020 before recovering at an annual growth rate of 6% in 2021, thus an incomplete recovery in comparison to the GDP registered before the crisis (2% smaller than end
MoreAn Italian women's advocacy organization has filed a complaint with the public prosecutor of Rome asking for an investigation after dozens of women who had abortions say their names were put on small crosses in a cemetery where their aborted fetuses were reportedly buried without their knowledge.
MoreAn unprecedented rise in the inactive population since February has seen more than 30 million workers going missing from official unemployment statistics across selected OECD and Emerging Market economies. Because of this” hidden unemployment,” the true monthly hit to household consumption could be underestimated by USD14bn, according to Euler Hermes, one of the global leaders
MoreDespite a global economic crisis comparable only to the Great Depression, near-term financial stability risks have been contained with the help of unprecedented monetary policy easing and massive fiscal support across the globe. But many economies had pre-existing vulnerabilities—which are now intensifying, representing potential headwinds to the recovery.
MoreParliament’s new committee on tax matters will become “the European hub for debate on tax issues”, promises Dutch S&D member Paul Tang, the committee’s newly elected chair.
MoreIt's day two of Judge Amy Coney Barrett's confirmation hearings for the U.S. Supreme Court. As expected, Judge Barrett is proving that she understands our Constitution and the importance of separation of powers far better than Senate Democrats do.
MoreAt a televised debate Monday night, Amy McGrath, who is running against McConnell for a US Senate seat from Kentucky, noted again and again that a pandemic has plunged the country into an unrelenting crisis and McConnell's Republican-controlled Senate is refusing to do anything to alleviate the pain. In response, McConnell laughed.
MoreKamensk-Shakhtinskiy, Russian Federation. The Observer Mission (OM) continues to operate 24/7 at both Border Crossing Points (BCPs). The overall number of border crossings by persons decreased at both BCPs compared to the previous week.
MoreSen. Mazie Hirono, D-Hawaii, asked a question pertaining to an issue that came up quite a bit during Justice Brett Kavanaugh’s confirmation hearing but had yet to come up during Judge Amy Coney Barrett’s hearing: whether the Supreme Court nominee had ever sexually assaulted someone.
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