The U.S. economy shrank at an alarming annual rate of 31,7%, unemployment is on the increase
The U.S. Department of Commerce has stated that The US economy contracted by 31,7% between April and June, which is the worst drop on record. The US...
Business
Costa Coffee and Virgin Atlantic have been badly affected by the coronavirus crisis, lay-offs are inevitable
The coffee shop chain Costa Coffee has announced that due to the efforts to cope with the slump caused by the coronavirus pandemic, almost 2000 of its employees might be laid off. This number represents approximately ten percent of its workforce. Costa Coffee possesses 1600 outlets in the UK. It has the workforce od 16 000 employees. The...
04. 09. 2020
The U.S. economy shrank at an alarming annual rate of 31,7%, unemployment is on the increase
The U.S. Department of Commerce has stated that The US economy contracted by 31,7% between April and June, which is the worst drop on record. The US GDP collapsed at a -32.9% annual rate due to the coronavirus pausing the economy. The booming economy of the USA is affected by the impacts of the spread of the coronavirus, due to which a...
01. 09. 2020
A second crisis may follow the coronavirus recession. Much worse
The world economy is currently undergoing a significant slowdown, which, according to the International Monetary Fund (IMF), will be worse than the global economic crisis in the early 1930s. However, the first economic recession may be immediately followed by another, even worse. He warns against the Economist Intelligence Unit (EIU). The IMF's...
17. 04. 2020
Facebook introduces a warning about false information about coronavirus
Since the outbreak of the epidemic, a relatively large number of reports have been reported on the Internet as being manipulative, misleading, or even lying. For example, it was information that coronavirus was actually a US biological warfare ammunition, or "guaranteed" reports of new covid-19 drugs. According to Western media and some...
Business | News | Technology
15. 04. 2020
McDonald's would like to thank everyone fighting coronavirus. They import free food to healthcare professionals
“We appreciate all those who have been struggling for the lives of patients in recent days, testing the sick, or overseeing the infection as slow as possible. We would like to thank everyone in this way. It goes without saying that we also put our hand to the work and help in the way that is closest to us. That means providing food and last but...
Business | Health | News | Politics
13. 04. 2020