David’s Recent Stories
Economy Nov 12Economy needs help despite vaccine news, top central bankers say
Three of the globe's top central bankers said the economy continues to need help despite progress toward a COVID-19 vaccine, with U.S. Federal Reserve Chair Jerome Powell saying that the U.S. Congress “may have to do more” to cushion the…
World Oct 01Unemployment rises in Europe as pandemic grinds on
Unemployment rose for a fifth straight month in Europe in August and is expected to grow further amid concern that extensive government support programs won't be able keep many businesses hit by coronavirus restrictions afloat forever.
Economy Sep 08Falling consumer prices is a flashing warning light for Europe’s economy
Consumer prices have fallen in Europe. While that might be welcome for shoppers in the short term, it is a sign that businesses are struggling amid the pandemic.
Economy Aug 11Virus surges make U.S. weak link in global economic recovery
China is up and running and Europe is bouncing back. Businesses that sell to the U.S are wondering and hoping when the U.S. economy will get back into the game.
Economy Jul 31Eurozone economy suffers record drop during lockdown months
The economy of the 19-country eurozone shrank by a devastating 12.1% during the second quarter from the quarter before as coronavirus lockdowns shut businesses and hampered consumer spending.
Economy Jun 18European Central Bank hands out 1.3 trillion euros in loans
The European Central Bank has handed out more than a trillion euros in cheap loans to banks as part of its effort to get the economy through the virus outbreak.
World May 10Pandemic shows contrasts between US, European safety nets
The coronavirus pandemic is straining social safety nets across the globe — and underlining sharp differences in approach between wealthy societies such as the United States and Europe.
Economy Apr 30Europe’s employment aid keeps jobs from vanishing — for now
Government programs are keeping hard-hit businesses across Europe afloat, preventing millions of workers from losing their jobs and income for now, and thousands of bosses from seeing their trained staff scatter.
World Mar 12European Central Bank deploys stimulus to ease virus damage
ECB President Christine Lagarde said the economy was facing a “major shock” and that the central bank measures unveiled Thursday were “almost surgically” targeted at areas where monetary policy could help.
World Feb 21Germany shooting prompts calls for action against far-right extremism
Germany's top security official said authorities would step up the police presence throughout the country and keep a closer watch on mosques and other sites, in a first reaction to the rampage.