Break'n News - Tag: GDP

German economy grew by 8.5% in third quarter

ReutersNovember 24, 2020

by ReutersNovember 24, 202001

FILE PHOTO: The production plant for the new Mercedes-Benz S-Class is pictured at Daimler factory in Sindelfingen near Stuttgart, Germany, September 2, 2020. REUTERS/Ralph Orlowski BERLIN (Reuters) – Germany’s gross domestic product grew by a record 8.5% in the third quarter as Europe’s largest economy partly recovered from an unprecedented......

JPMorgan becomes first major bank to say first-quarter GDP will decline because of Covid surge

CNBCNovember 20, 2020November 21, 2020

by CNBCNovember 20, 2020November 21, 202005

CNBC – For more and to sign up click here Volunteers from women’s organization Nuevo Amanecer Mujer Integral help with the distribution of frozen turkeys and food boxes ahead of Thanksgiving to families affected by the Covid-19 pandemic on November 18, 2020 in Los Angeles, California. Frederic J. Brown |......

Thai third-quarter GDP shrinks 6.4% year-on-year, less than expected

ReutersNovember 15, 2020

by ReutersNovember 15, 202001

FILE PHOTO: Luxury apartment buildings under construction are seen in Bangkok, Thailand September 24, 2018. REUTERS/Jorge Silva BANGKOK (Reuters) – Thailand’s economy contracted less than expected in the third quarter, a sharp recovery from the prior quarter as domestic activity rebounded after coronavirus curbs were eased, leading the government to......

What is GDP and how is it measured?

BBCNovember 12, 2020November 26, 2020

by BBCNovember 12, 2020November 26, 202003

image copyrightGetty Images The UK’s GDP grew by a record 15.5% in the July to September period as the economy bounced back from the slump induced by the first coronavirus lockdown. The growth meant the economy emerged from recession, as GDP had fallen in the two previous three-month periods, although......

Japan’s economy seen rebounding in third quarter, but coronavirus crisis weighs – Reuters poll

ReutersNovember 6, 2020

by ReutersNovember 6, 202000

TOKYO (Reuters) – Japan’s economy likely rebounded in the third quarter as global demand picked up, a Reuters poll showed, but the effects of the coronavirus crisis persisted and it could take some time to return to pre-pandemic levels. Gross domestic product (GDP) is forecast to have grown an annualised......

The high cost of systemic racism in the U.S.

CBS NewsNovember 2, 2020

by CBS NewsNovember 2, 202000

CBS News – For more and to sign up click here A Citigroup study shows the U.S. has lost $16 trillion in GDP due to inequities between Black and White Americans. The lead researcher on the study, economist Dana Peterson, breaks down the trillions and suggests how that figure could......

U.S. GDP booms at 33.1% rate in Q3, better than expected

CNBCOctober 29, 2020October 29, 2020

by CNBCOctober 29, 2020October 29, 2020045

CNBC – For more and to sign up click here Coming off the worst quarter in history, the U.S. economy grew at its fastest pace ever in the third quarter as a nation battered by an unprecedented pandemic started to put itself back together. Third-quarter gross domestic product, a measure......

Michigan’s Great Divide, GDP Seesaw, Locating The Parents of Teen ISIS Recruit : Up First

NPROctober 29, 2020October 30, 2020

by NPROctober 29, 2020October 30, 2020041

NPR The candidates are headed to Michigan, a state closely — and deeply — divided politically. The US gross domestic product has seen a “V-shaped recovery” since last spring’s dip. But it’s no time to celebrate. The parents of a young ISIS recruit killed while in US custody offer a......

There’s a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations

CNBCOctober 23, 2020October 23, 2020

by CNBCOctober 23, 2020October 23, 2020032

CNBC – For more and to sign up click here There’s a big week ahead for the market with an earnings deluge, GDP data and stimulus negotiations Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

The GDP report next week will likely show record-breaking economic growth, but it may not help Trump

CNBCOctober 21, 2020October 21, 2020

by CNBCOctober 21, 2020October 21, 2020045

CNBC – For more and to sign up click here The GDP report next week will likely show record-breaking economic growth, but it may not help Trump Search quotes, news & videos Source – Click here for more To Return to the Main Aggregate News Page – click here...

IMF revises its global GDP forecast higher, but warns the economy ‘remains prone to setbacks’

CNBCOctober 13, 2020October 13, 2020

by CNBCOctober 13, 2020October 13, 2020057

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Racism has cost the U.S. $16 trillion, Citigroup finds

CBS NewsSeptember 23, 2020

by CBS NewsSeptember 23, 202000

CBS News – For more and to sign up click here America could have been $16 trillion richer if not for inequities in education, housing, wages and business investment between Black and White Americans over the past 20 years, new research concludes. The study, released this week by Citigroup, is......

CBO warns federal debt will nearly double GDP by 2050

PoliticoSeptember 21, 2020September 21, 2020

by PoliticoSeptember 21, 2020September 21, 2020027

Politico.com – For more and to sign up click here “This is by far the highest level of debt recorded in American history,” said Rep. Steve Womack (R-Ark.), the ranking Republican on the House Budget Committee, in a statement. “A burden of this magnitude increases the risk of a financial......

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