2020-10-05 With Few Foreign Visitors, Egypt’s Economy Suffers
At the Pyramids of Giza, a few tourists walk among Egypt’s ancient wonders. At Red Sea resorts, visitor numbers are…
2020-09-21 UN: Coronavirus Pandemic Causes 65% Drop in International Travel
A new report says the coronavirus pandemic caused a 65 percent decrease in international travel during the first six months…
2020-09-08 Coffee, Ketchup, Nike Air Max: It’s the COVID Consumer Economy
Instant coffee mix and Nike Air Max footwear are all in. Bottled water and high-end Burberry trench coats are out.…
2020-07-31 US Economy Shrinks at Sharpest Rate Since Great Depression
The United States economy shrank at a yearly rate of 32.9 percent between April and June of this year. It…
2020-07-31 US Records Lowest Energy Use in 30 Years
Government officials say the United States is using less energy than it has in thirty years. The officials noted that…
2020-07-26 COVID-19 Leaves Nearly 1 Million Vietnamese Unemployed
Vietnam has reported big success in limiting the spread of COVID-19 inside the country. But the worldwide pandemic has left…
2020-07-03 US, Japan, France Urge Companies to Depend Less on China
The United States, Japan and France are urging their businesses to depend less on China to make smartphones, drugs and…
2020-06-22 Coronavirus Turned Southeast Asia into China’s Top Trading Partner
Southeast Asian countries have become China’s biggest trading partner this year. At the same time, economic activity in wealthier nations…
2020-06-16 US Still Struggles with Its History of Racial Economic Problems
The death of George Floyd as he was put under arrest by four police officers in Minneapolis, Minnesota has fueled…
2020-06-05 Vietnam Post-Virus Recovery: Economy Soars
Vietnamese Prime Minister Nguyen Xuan Phuc looked very happy during a visit to an industrial park last weekend. He talked…
2020-05-31 Many Economists Expect Slow Recovery from COVID-19
Very few economists expect a strong economic recovery worldwide after the coronavirus health crisis ends, a new study found. The…
2020-05-25 Will People Stop Using Cash?
For centuries, people have kept large amounts of cash at home during difficult times. But in the coronavirus crisis, things…
2020-05-23 Company J&J to Stop Selling Talcum Powder in US, Canada
American company Johnson & Johnson is ending sales of its popular talcum powder in the U.S. and Canada. The product…
2020-04-24 Millions Unemployed as Coronavirus Pulls US Economy Down
Editor’s Note: Late Thursday, the U.S. House of Representatives passed an additional $484-billion aid bill already approved by the Senate.…
2020-04-21 Poorer Nations Face Bigger Risk in Easing Coronavirus Restrictions
Some wealthier Western nations have begun easing restrictions to guard against the new coronavirus. Many developing countries want to ease…