Economy
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NEXT 10 YEARS: there may be a catastrophe that will destroy the global economy
(ORDO NEWS) — COVID-19 was to some extent the first pandemic to fully affect the entire global economy. But experts…
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China prepared to disconnect from dollar payment systems
US, WASHINGTON (ORDO NEWS) — China is vulnerable to US sanctions due to the country’s dependence on systems in dollar…
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China has prepared to disconnect from dollar payment systems
US, WASHINGTON (ORDO NEWS) — China is vulnerable to US sanctions due to the country’s dependence on systems in dollar…
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China at an economic fork
US, WASHINGTON (ORDO NEWS) — In 2013, the Chinese government introduced a political program that promised the implementation of real…
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IMF raised its forecast for oil prices in 2020 and 2021
US, WASHINGTON (ORDO NEWS) — The International Monetary Fund (IMF) raised its forecast for oil prices in 2020 and 2021…
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WTO less pessimistic about trade decline in 2020
US, WASHINGTON (ORDO NEWS) — The World Trade Organization (WTO) said Tuesday that global trade in goods this year due…
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China is becoming a global power, and its banks are following it
US, WASHINGTON (ORDO NEWS) — American bankers are brave bosses. From his spacious office in Manhattan, the boss of one…
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Eurozone GDP decline estimate in I quarter revised up to 3.6%
US, WASHINGTON (ORDO NEWS) — The eurozone economy in the first quarter of 2020 contracted less sharply than originally expected,…
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Green economy could accelerate Arctic development after corona crisis
US, WASHINGTON (ORDO NEWS) — Participants in the online meeting of the Arctic as a Pole for Attracting Green Investment…
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France’s GDP drop in 2020 will exceed 10%
US, WASHINGTON (ORDO NEWS) — The French economy will shrink by more than 10% this year against the backdrop of…
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US economy goes into recession
US, WASHINGTON (ORDO NEWS) — The National Bureau of Economic Research (NBER) said Monday that the US economy, the largest…
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Demand for steel in the world in 2020 will fall by 6.4%
US, WASHINGTON (ORDO NEWS) — Global steel demand this year will fall by 6.4% due to the impact of the…
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Turkey needs help, but from IMF
US, WASHINGTON (ORDO NEWS) — Turkey’s economy is in decline. But President Erdogan will not turn to the IMF for…
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Economists predicted US strongest unemployment in 100 years
US, WASHINGTON (ORDO NEWS) — The United States expects the strongest surge in unemployment since the Great Depression. This opinion…
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How major corporations got into a $ 2.5 trillion debt hole on the eve of a pandemic
US, WASHINGTON (ORDO NEWS) — Over the years of economic growth, which broke off with the onset of the coronavirus…
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IDC: PC market will recover only next year
US, WASHINGTON (ORDO NEWS) — The global market for personal computer devices will begin to recover from the coronavirus pandemic…
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France’s GDP decline in the first quarter was highest since 1968
US, WASHINGTON (ORDO NEWS) — The French economy entered a recession, although the recession in the first quarter was less…
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Swiss watch exports collapse by 80% in April
US, WASHINGTON (ORDO NEWS) — Swiss watch shipments fell 80% in April due to the coronavirus pandemic. This is the…
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Lagarde: the eurozone economy will shrink by 8-12% in 2020
US, WASHINGTON (ORDO NEWS) — Head of the European Central Bank Christine Lagarde said the eurozone economy is likely to…
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Weak forecast pulled Alibaba shares down
US, WASHINGTON (ORDO NEWS) — Shares of Alibaba Group Holding Ltd. fell after the Chinese e-commerce giant announced its earnings…
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China will continue efforts to reduce lending rates
US, WASHINGTON (ORDO NEWS) — China will strengthen its economic policy and continue efforts to lower interest rates on loans,…
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How central banks destroy the financial system
US, WASHINGTON (ORDO NEWS) — The Bank of Japan in April became the largest buyer of Japanese corporate bonds –…
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Mexico recorded the largest trade deficit in history
US, WASHINGTON (ORDO NEWS) — Mexico recorded the largest trade deficit in history, seasonally adjusted, as its exports declined more…
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10 largest importing countries in the world
US, WASHINGTON (ORDO NEWS) — No country can live in isolation, all countries export goods that are produced in the…
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Global economy continues to be in a fever amid the coronavirus
US, WASHINGTON (ORDO NEWS) — The economies of all countries continue to deteriorate along with the spread of the coronavirus…
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Coronavirus has stopped the global economy
US, WASHINGTON (ORDO NEWS) — Nearly a hundred countries apply for IMF financial assistance. The situation in the world economy…
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Pandemic could lead to the loss of 20 million jobs in Africa
US, WASHINGTON (ORDO NEWS) — About 20 million jobs in Africa are at risk as the continent’s economy is expected…
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Banks voiced gloomy forecast for US economy
US, WASHINGTON (ORDO NEWS) — The gloomy future of the American economy. After the shocking report on the labor market…
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7 major events of the upcoming week in the economy
US, WASHINGTON (ORDO NEWS) — Oil-producing countries will hold a meeting to discuss the reduction of oil production. European countries…
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What will be the recession caused by Covid-19?
US, WASHINGTON (ORDO NEWS) — With each new day, the global financial crisis of 2008 looks more and more like…
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Recession begins in France
US, WASHINGTON (ORDO NEWS) — So far, these are just estimates. According to the forecast of the Bank of France,…
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S&P rating agency predicts global economy contraction by 2.4%
US, WASHINGTON (ORDO NEWS) — The international rating agency S&P Global has reduced its forecasts for global economic growth in…
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EU companies that are in the support program will not be able to pay dividends
US, WASHINGTON (ORDO NEWS) — European companies that entered the capital injection program to deal with the consequences of the…
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