The city of Paris is considering proposing a three-week lockdown in a bid to “reopen everything” in the City of Lights afterwards, the deputy mayor said Thursday, calling the current nighttime curfew a “half-measure” and a “semi-prison” that never ends. In an interview with French broadcaster Franceinfo, Deputy Mayor Emmanuel Grégoire said that the left-wing run city … Continue reading COVID-19: Paris plans 3-week lockdown, in a bid to ‘reopen everything’
The focal point of the coronavirus emergency in Europe, Italy, is also the region's weakest economy and is taking an almighty hit as foreigners stop visiting its cultural treasures or buying its prized artisanal products, from fashion to food to design. Europe’s third-largest economy has long been among the slowest growing in the region and … Continue reading Italy shaken by the coronavirus as recession looms
Singaporean Prime Minister Lee Hsien Loong has warned that the trade war between the US and China could impact the growth of the affluent city-state. Image: Prime Minister Lee Hsien Loong In his New Year’s message, Lee expressed that the trade tensions between the two major superpowers could force others to pick sides. … Continue reading How wealthy Singaporeans see the U.S.-China trade war
Nigeria’s economy faces continuous decline in investment inflows ahead of 2019 elections, some analysts who spoke to Business Day have said. Projections from the analysts are a result of the recent decline in capital importation numbers from Q2 2018, and especially as cloud of uncertainties surrounding the 2019 elections increase averseness to investing in … Continue reading Investors fear uncertainties surrounding Nigeria’s 2019 elections
The principles of Keynesian economic theory are considered as effective financial intervention plans and are very effective in resolving economic crisis (Keynes., 1936), especially when governments “responsibly” apply them with clear understanding of the current situation and future forecasts. This is one of the reasons an economic index from the Heritage Foundation ranked Greece … Continue reading Lessons learned from the Greek Financial Crisis
The Greece Financial Crisis Abstract This paper presents a thorough analysis of the Greek debt crisis, starting with the chosen structure, methods applied for academic analysis, and a comprehensive discussion on the causal factors. A combination of both quantitative and qualitative sources will be employed for this discourse, with concentration on the period … Continue reading An essay on the Greek Financial Crisis
China is coming to Turkey's aid during its economic crisis with $3.6 billion in funding for infrastructure projects, leveraging Ankara's conflict with Washington to expand its Belt and Road Initiative in the key country that links Asia with Europe. Image shows Erdogan and Xi Jinping Turkish President Recep Tayyip Erdogan said Aug. 11 that his country was preparing to trade through national … Continue reading China presents Turkey with an economic lifeline
The President of the Federal Republic of Nigeria is on a visit to China. Shortly after his arrival President Muhammadu Buhari was pictured greeting primary school students during the usual review of an honor guard. The president of the People's Republic of China Xi Jinping was on ground at the Great Hall during the welcome … Continue reading President Buhari Arrives China.