David’s Recent Stories
World Apr 30Europe’s economy shrinks in first quarter as U.S. rolls ahead
Europe's economy shrank 0.6% in the first three months of the year as slow vaccine rollouts and extended lockdowns delayed a hoped-for recovery - and underlined how the region is lagging other major economies in rebounding from the coronavirus pandemic.
World Feb 15Ngozi Okonjo-Iweala becomes first woman and African to lead World Trade Organization
The appointment came after U.S. President Joe Biden endorsed her candidacy, which had been blocked by former President Donald Trump.
World Jan 12Volkswagen triples electric car sales ahead of climate rules
Electric cars have so far been a small but rapidly growing slice of the European market.
Health Dec 26Germany, Hungary give 1st vaccine shots ahead of EU rollout
Germany, Hungary and Slovakia began giving out their first coronavirus vaccine shots on Saturday only hours after receiving their first shipments, upsetting the European Union’s plans for a coordinated rollout Sunday across the bloc’s 27 nations.
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.