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Published on May 31, 2020

View: Sharp fall in the latest growth estimates is a wake-up call to GoI to ramp up its stimulus package

For all its shortcomings, both at a conceptual and statistical level, gross domestic product (GDP) — or the money value of goods and services produced in an economy in a year — remains the least bad measure of economic well-being. So, what do the latest …

Source: The Economic Times
Published on May 29, 2020

Euro zone flash inflation at four-year low in May

Euro zone inflation fell to its lowest level in nearly four years in May despite noticeably higher food costs as the Covid-19 pandemic sharply reduced fuel demand and cut energy prices. The European Union’s statistics office Eurostat said on Friday that …

Source: The Irish Times
Published on May 29, 2020

Euro zone companies tap banks for cash to survive pandemic

(Adds detail) FRANKFURT, May 29 (Reuters) - Euro zone companies tapped banks for some vital credit last month as economic activity stopped, forcing them to look for emergency cash to survive, European Central Bank showed Lending growth to non-financial …

Source: Reuters
Published on 03:40 GMT

SGX Nifty jumps 170 points; here's what changed for market while you were sleeping

The plan for a phased exit from Covid-19 lockdown is a positive news for domestic stocks. But the spike in Covid 19 cases in India, US-China tensions over Hong Kong and riots in US may cap gains. Here’s breaking down the pre-market actions. STATE OF THE …

Source: Economic Times
Published on May 27, 2020

Euro zone shares supported by recovery plan, banks jump

(Reuters) - Euro zone stocks were buoyed on Wednesday by a 750-billion-euro ($824 billion) plan to prop up EU economies hammered by the coronavirus crisis, but falls for healthcare and technology stocks weighed on broader European markets. FILE PHOTO: The …

Source: Reuters
Published on May 29, 2020

Mid-Day Market Update: Canopy Growth Slides After Q4 Results; Sonoma Pharmaceuticals Shares Surge

Midway through trading Friday, the Dow traded down 0.71% to 25221.42 while the NASDAQ fell 0.08% to 9361.25. The S&P also fell, dropping 0.46% to 3015.85. The U.S. has the highest number of coronavirus cases and deaths in the world, reporting a total …

Source: Benzinga
Published on May 27, 2020

Euro zone shares surge on EU recovery plan report, banks shine

(Reuters) - European shares edged higher on Wednesday as investors focused on a fresh EU stimulus plan , but renewed U.S.-China tensions over Hong Kong tempered optimism about a global economic recovery. FILE PHOTO: The German share price index DAX graph …

Source: Reuters
Published on May 29, 2020

Eurozone on brink of deflation as pressure builds on ECB

The ECB is expected to announce another huge increase to its money-printing programme as soon as next week as it fights the economic fallout of Covid-19. Economists have predicted the ECB’s rate-setters could vote for a €500bn (£449bn) expansion of its …

Source: The Telegraph
Published on May 29, 2020

Eurozone Inflation Nears Zero, Lowest Since Mid-2016

Eurozone inflation moved close to stagnation in May and was the lowest in nearly four years, driven by a sharp fall in energy prices, flash data from Eurostat showed Friday. Inflation slowed to 0.1 percent from 0.3 percent in April. This was the lowest …

Source: RTTNews
Published on May 29, 2020

Eurozone M3 Growth Accelerates; Private Sector Credit Growth Rises

Eurozone money supply grew at a faster pace in April and credit to the private sector growth accelerated further, data published by the European Central Bank showed Friday. The broad monetary aggregate M3 expanded 8.3 percent year-on-year in April, faster …

Source: RTTNews
Published on May 29, 2020

Eurozone on brink of deflation as price growth slows to 0.1 per cent

Eurozone inflation dropped to a four-year low of just 0.1 per cent in May, data has shown, as the coronavirus pandemic put the single-currency bloc perilously close to deflationary territory. In an early estimate, the European Union’s statistics body said …

Source: City A.M.
Published on May 28, 2020

The US sees the eurozone as the economy most likely to fold. It should look closer to home ǀ View

For its European groupies, the US economy seems like a model of Anglo-Saxon excellence. It’s also the European Commission’s ultimate currency union fantasy, complete with fiscal stabilisers, high labour mobility and enough central bank firepower to flatten …

Source: euronews
Published on May 27, 2020

Eurozone Likely To Contract 8-12% In 2020, ECB Chief Says

European Central Bank President Christine Lagarde said the euro area economy is likely to contract as much as 12 percent in 2020 as member countries struggle to emerge from the coronavirus pandemic. On a live webinar, Lagarde said on Wednesday, the actual …

Source: RTTNews
Published on May 31, 2020

Will the European Green Deal survive COVID-19?

EU climate policy has gained more traction in recent years, particularly since the 2016 Paris COP21 Agreement, which is an international contract that outlines ambitious commitments for signatories to meet targets that address the climate crisis. The …

Source: Times
Published on May 27, 2020

Eurozone to shrink between 8% and 12% in 2020: ECB

FRANKFURT--European Central Bank President Christine Lagarde on Wednesday warned that the eurozone economy will likely shrink by between 8% and 12% this year, a deeper downturn than previously anticipated, as governments battle the coronavirus pandemic. Ms …

Source: MarketWatch
Published on May 21, 2020

Euro zone slump eased in May but still sharp

LONDON (Reuters) - The devastating impact of the coronavirus on the euro zone economy abated a little this month as some government-imposed lockdown measures introduced to contain the spread of the virus were eased, a survey showed. FILE PHOTO - A …

Source: Reuters.com
Published on May 21, 2020

Euro zone contraction eased in May but still sharp -PMI

LONDON, May 21 (Reuters) - The devastating impact of the coronavirus on the euro zone economy abated a little this month as some government-imposed lockdown measures introduced to contain the spread of the virus were eased, a survey showed. Although cases …

Source: Reuters
Published on May 26, 2020

Singapore's GDP expected to shrink between 4% and 7% as 2020 growth forecast cut again on COVID-19 impact

SINGAPORE: Singapore is bracing for its worst-ever recession, with authorities cutting growth projections for 2020 yet again as the economy continues to feel severe strain from the COVID-19 pandemic. Singapore’s gross domestic product is expected to shrink …

Source: Channel News Asia
Published on May 26, 2020

[News Focus] Korea falls behind Japan, US in Q1 GDP growth

SEJONG -- Of 25 major economies around the world, only two posted positive growth during the first quarter of 2020, according to a recent analysis from the Organization for Economic Cooperation and Development. In terms of gross domestic product growth, …

Source: Korea Herald

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Published on May 30, 2020 - 11:35 GMT

Coronavirus - Africa: International Organization for Migration (IOM), European Union (EU) Bolster Response to Economic ...

The suspension of “non-essential activities” to limit the spread of COVID-19 in West and Central Africa has had a heavy socio-economic impact on some 34,000 returning migrants. Many already have set up microbusinesses as part of their reintegration …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 29, 2020 - 12:00 GMT

Nabriva Therapeutics Receives Positive EU CHMP Opinion for XENLETA™ (lefamulin) for the Treatment of Community-Acquired ...

If approved, XENLETA has the potential to be a first-in-class pleuromutilin antibiotic for the intravenous (IV) and oral treatment of adult patients with CAP in Europe CHMP opinion supported by robust safety and efficacy data from two global pivotal …

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Published on May 29, 2020 - 16:20 GMT

Coronavirus - Africa: Floods in East Africa - EU provides initial emergency assistance

The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods. “In a region that is already battling the effects of a serious …

Distribution channels: Environment, Healthcare & Pharmaceuticals Industry ...
Published on May 29, 2020 - 15:01 GMT

Commission publishes second report on impact of coronavirus on EU trade

Analysis | Brussels, 29 May 2020 According to the updated Commission estimates, the coronavirus pandemic will result in a decrease in global trade between 10%-16% in 2020. For the EU27, the predicted reduction is expected to be between 9% and 15% for …

Distribution channels: Banking, Finance & Investment Industry

Published on May 27, 2020 - 18:51 GMT

Creed Notes Significant Proposed Improvement in CAP Funding under Revised EU Budget Proposal

The Minister for Agriculture, Food and the Marine, Michael Creed T.D., has noted today’s announcement by the European Commission of an increased CAP budget for the period 2021-2027 in the revised European Multiannual Financial Framework accompanying the …

Distribution channels: Agriculture, Farming & Forestry Industry
Published on May 27, 2020 - 12:55 GMT

Pandemic hits food and drink exports but non-EU sales of branded goods grow

27 May 2020 Back to list of articles FDF has issued the following press notice: Food and Drink Federation: Pandemic hits food and drink exports but non-EU sales of branded goods grow Q1 exports of food and drink fell by over £700m (-12.7%) to £5.1bn …

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Published on May 27, 2020 - 09:32 GMT

Commission presents EU proposal for modernising Energy Charter Treaty

Goods and services | Brussels, 27 May 2020 The Commission has today published the EU’s proposal for modernising the Energy Charter Treaty (ECT). Set up in the early 1990s to create a forum for East-West policy cooperation on energy, investment protection, …

Distribution channels: Banking, Finance & Investment Industry
Published on May 25, 2020 - 15:23 GMT

Coronavirus - Kenya: EU Humanitarian Aid supports WHO Kenya to train Health Workers from across Kwale County, Kenya

The safety of health workers is vital in the fight against COVID-19. EU Humanitarian Aid supports WHO Kenya to train health workers from across Kwale County, Kenya on how to properly protect themselves.Distributed by APO Group on behalf of WHO Regional …

Distribution channels: Healthcare & Pharmaceuticals Industry, World & Regional

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This is a listing of the world’s TV stations, radio stations, newspapers, and blogs. Last update: 05/14/2020

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Published on May 30, 2020 - 22:59 GMT

Residents of Aurora and Surrounding Areas to hold a Rally this Sunday at 3:00 at the Aurora Police Department

Aurora residents are asking for Mayor Richard Irvin and Chief of Police Kristen Ziman to publicly address the excessive force used by the Aurora Police AURORA, ILLINOIS, UNITED STATES, May 30, 2020 /⁨EINPresswire.com⁩/ -- Consumer Action Resource …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on May 30, 2020 - 11:35 GMT

Coronavirus - Africa: International Organization for Migration (IOM), European Union (EU) Bolster Response to Economic ...

The suspension of “non-essential activities” to limit the spread of COVID-19 in West and Central Africa has had a heavy socio-economic impact on some 34,000 returning migrants. Many already have set up microbusinesses as part of their reintegration …

Distribution channels: Business & Economy, Culture, Society & Lifestyle ...
Published on May 29, 2020 - 16:43 GMT

AMCD Applauds Brian Hook’s Call for Reform of Voice of America

WASHINGTON, DC, USA, May 29, 2020 /⁨EINPresswire.com⁩/ -- The American Mideast Coalition for Democracy fully supports Iran Special Representative Brian Hook’s call for reform of VOA Persian as well as other branches of the Voice of America. “ …

Distribution channels: Human Rights, International Organizations ...
Published on May 29, 2020 - 15:28 GMT

June is Men's Health month

UNITED STATES OF AMERICA, May 29, 2020 /⁨EINPresswire.com⁩/ -- FOR IMMEDIATE RELEASE communications@menshealthnetwork.org …

Distribution channels: Culture, Society & Lifestyle, Education ...
Published on May 29, 2020 - 05:29 GMT

Expert Panel to Discuss the Growing Threat from Iran’s Regime

WASHINGTON, DC, UNITED STATES, May 29, 2020 /⁨EINPresswire.com⁩/ -- On Wednesday, June 3, 2020, the U.S. Representative Office of the National Council of Resistance of Iran (NCRI-US) will host an online panel to discuss: • Iran’s regional …

Distribution channels: Human Rights, International Organizations ...
Published on May 29, 2020 - 16:20 GMT

Coronavirus - Africa: Floods in East Africa - EU provides initial emergency assistance

The EU has mobilised €3 million in emergency assistance to countries in East Africa that have been hit by heavy rainfall over the past weeks, triggering devastating landslides and floods. “In a region that is already battling the effects of a serious …

Distribution channels: Environment, Healthcare & Pharmaceuticals Industry ...
Published on May 29, 2020 - 15:07 GMT

Real GDP plummets, but positive growth expected in the months ahead

Ottawa, May 29, 2020 (GLOBE NEWSWIRE) -- The Conference Board of Canada’s Associate Director, Alicia Macdonald offers insights on the latest Gross Domestic Product (GDP) data: “As expected, real GDP plunged in the first quarter as measures to contain the …

Distribution channels: Business & Economy, Media, Advertising & PR ...
Published on May 29, 2020 - 14:53 GMT

Statement of the Chairperson following the murder of George Floyd in the USA

The Chairperson of the African Union Commission (https://AU.int/) Moussa Faki Mahamat strongly condemns the murder of George Floyd that occurred in the United States of America at the hands of law enforcement officers, and wishes to extend his …

Distribution channels: Law, Politics ...
Published on May 29, 2020 - 13:36 GMT

Coronavirus - Zimbabwe: No parent should worry about a child getting an avoidable disease

Download logo The following opinion piece was written by Melanie Robinson, UK Ambassador to Zimbabwe and published in the local private-owned Sunday newspaper - The Standard. "When my daughter was six weeks old, she was exposed to measles. I was in …

Distribution channels: Culture, Society & Lifestyle, Environment ...
Published on May 28, 2020 - 22:07 GMT

Voip-Pal CEO Emil Malak explains that we are in a Global War with the Coronavirus

In an interview with CEOCFO Magazine, VOIP-PAL CEO and Director Emil Malak discusses the asymptomatic COVID-19, the reopening of states and the airlines Voip-Pal (OTCQB:VPLM) WASHINGTON, DC, US, May 28, 2020 /⁨EINPresswire.com⁩/ -- CEOCFO …

Distribution channels: Aviation & Aerospace Industry, Banking, Finance & Investment Industry ...
Published on May 28, 2020 - 17:55 GMT

எங்களுக்கு ஒரு சந்தர்ப்பத்தினை கொடுங்கள் நாங்கள் செய்து காண்பிக்கின்றோம்-காண்டீபன்

Give us a chance and we will make it happen: Kandeepan NEW YORK, NEW YORK, USA, May 28, 2020 /⁨EINPresswire.com⁩/ -- தமிழர்களிடம் இருந்து தன்னை பாதுகாக்க ஆயுதப்படை பாதுகாப்பு தேவையென்றால், 70 வருடங்களாக சிங்களவர்களால் பாதிக்கப்பட்ட தமிழ் …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on May 28, 2020 - 16:30 GMT

WCCR Blasts Hezbollah Leader in Lebanon

WASHINGTON, DC, USA, May 28, 2020 /⁨EINPresswire.com⁩/ -- On Tuesday, a group of Finnish peacekeepers operating under the UN mandate for the UN Interim Force in Lebanon (UNIFIL) were surrounded by angry residents and had to be escorted to safety by …

Distribution channels: International Organizations, Law ...
Published on May 28, 2020 - 16:15 GMT

Hong Kong Commentary by Michael J Jordan

NEW JERSEY, USA, May 28, 2020 /⁨EINPresswire.com⁩/ -- I’m Michael J. Jordan,speak to you from US state of New Jersey on quarantine to Covid-19 pandemic Hong Kong is one of the world’s great cities and financial capitals. Yet it’s once again …

Distribution channels: Culture, Society & Lifestyle, Human Rights ...
Published on May 28, 2020 - 16:11 GMT

Presidential Candidate Protests Excessive Force used by the Aurora Police Department to Inform Community of Solutions

Mayor Richard Irvin & Chief of Police Kristen Ziman Turn a Blind Eye to Excessive Force Used by the Aurora Police Department as Activist File Suits and Protest AURORA, ILLINOIS, UNITED STATES, May 28, 2020 /⁨EINPresswire.com⁩/ -- In a country …

Distribution channels: Human Rights, Law ...
Published on May 28, 2020 - 15:45 GMT

Farmer Co-ops Urge Withdrawal of Section 199A Proposal to Increase Taxes on Farmers

Farmer cooperatives today called on the Treasury Department and the OMB to withdraw proposed tax rules that would raise taxes on farmers. WASHINGTON, DC, USA, May 28, 2020 /⁨EINPresswire.com⁩/ -- The Executive Council of the National Council of …

Distribution channels: Agriculture, Farming & Forestry Industry, Food & Beverage Industry ...
Published on May 28, 2020 - 22:08 GMT

Open Letter to Premier Doug Ford

Attn: Assignment Editor TORONTO, May 28, 2020 (GLOBE NEWSWIRE) -- Dear Premier Ford, While we are pleased that your government has committed to independence, non-partisanship and transparency with regards to the commission into long-term care and COVID-19, …

Distribution channels: Business & Economy, Healthcare & Pharmaceuticals Industry ...
Published on May 28, 2020 - 09:20 GMT

Maryam Rajavi: Qalibaf, regime's new parliament speaker, is an accomplice of Ebrahim Raisi, the Judiciary Chief

Mullahs' parliament is the flipside of, and indispensable to, the Hezbollahi government, Khamenei called for PARIS, FRANCE, May 28, 2020 /⁨EINPresswire.com⁩/ -- Terrified of the uprising, Khamenei had purged candidates from the rival factions …

Distribution channels: Human Rights, International Organizations ...
Published on May 28, 2020 - 19:18 GMT

Coronavirus - Somalia: Using innovation to deliver in Somalia despite COVID-19

Download logo FAO Representative in Somalia Etienne Peterschmitt discusses COVID-19 and its impacts on vulnerable groups and the UN agency's work. What is the situation like in Somalia at present? Somalia is a challenging place to operate even in a …

Distribution channels: Agriculture, Farming & Forestry Industry, Business & Economy ...
Published on May 28, 2020 - 07:04 GMT

Noel Collis Files to Run for Congress

Dr. Noel Collis (R) has filed to run for Congress. Collis will run in the Republican primary for Minnesota's 7th Congressional District. HUTCHINSON, MN, USA, May 28, 2020 /⁨EINPresswire.com⁩/ -- Dr. Noel Collis (R) has filed to run for …

Distribution channels: Culture, Society & Lifestyle, Media, Advertising & PR ...
Published on May 28, 2020 - 18:35 GMT

American Supply Association part of a coalition urging Congress to enact pandemic-related liability relief legislation

Itasca, May 28, 2020 (GLOBE NEWSWIRE) -- The American Supply Association, whose distributor, manufacturer and manufacturers’ representative members conduct business throughout the plumbing, heating, cooling, pipe, and industrial pipe, valves and industry …

Distribution channels: Healthcare & Pharmaceuticals Industry, Law ...