RSS Feed

Calendar

June 2020
M T W T F S S
« May    
1234567
891011121314
15161718192021
22232425262728
2930  

Search

Tag Cloud

Archives

Bloomberg (May 19)

2020/ 05/ 21 by jd in Global News

“Australia’s success in curbing Covid-19 infections is allowing it to slowly ease some restrictions even as it remains largely closed off from the rest of the world, taking its economy back to the pre-globalization era.” Stimulating domestic consumption prove essential “to drive any rebound,” but complicated by consumer worries. “Even before Covid-19, Australian households were among the most indebted in the developed world, with debt almost double disposable income.”

 

Financial Times (June 23)

2016/ 06/ 25 by jd in Global News

Some say Brazil “suffers from a complex of grandeza or greatness. Lately, though, Brazil has been big in all the wrong ways. The country is facing its biggest recession. It is engulfed by its biggest corruption scandal. It has the world’s most indebted oil company, Petrobras. This week, it witnessed its biggest-ever corporate bankruptcy” when telecoms company Oi filed for protection.

 

[archive]