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Lebanon Recession


Reuters, Berlin Mon August 9, 2021 12:00 AM German Bundesbank President Jens Weidmann attends the 29th European Banking Congress in Frankfurt at the Old Opera House in Frankfurt, Germany. REUTERS / File “> German Bundesbank President Jens Weidmann attends the 29th European Banking Congress in Frankfurt at the Old Opera House in Frankfurt, Germany. REUTERS …

The Labor Department also revised its employment figures for May and June, adding 119,000 jobs. The economy lost more than 22 million jobs in March and April 2020 in a recession virtually overnight as the coronavirus forced businesses to close and people to stay at home. Since then, the United States has recovered nearly 17 …

A sign of seeking help is displayed at a gas station in Mount Prospect, Ill. On Tuesday, July 27, 2021. The number of Americans claiming unemployment benefits fell last week from 14,000 to 385,000 , Thursday August 5, further proof that the economy and the labor market are rebounding strongly after the recession of the …

Kristina Serafini / Pittsburgh Tribune-Review via AP Teenage workers Mikayla Crouthamel, 17 (left) and Courtney Collins, 19, take a photo at Harvest Moon Coffee & Chocolates in Tarentum on Friday, July 16. PITTSBURGH – As companies have taken “closed for an indefinite period” signs out of their windows and reopened, the landscape of a post-pandemic …

Special report July 22, 2021 10:00 a.m. Last updated: July 22, 2021 @ 11:20 am The rate of growth of the American population has reached its lowestern level sinthis the Great Depression, according to the 2020 US Census. Over the past decade, the Great Recession and the COVID-19 pandemic have slowed immigration and caused many …

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The economy is taking a huge hit, with the banking sector on the brink of collapse. The provision of many social services, such as vaccines (not only for COVID, but also for polio and tuberculosis), has all but ceased. The Tatmadaw continues to face widespread resistance from democracy activists and ethnic militias, and foreign powers …

LULU GARCIA-NAVARRO, HTE: Uncontrolled inflation has decimated economies around the world. No, the United States is not Venezuela or Lebanon, where powdered baby milk now costs a quarter of the average worker’s monthly salary, but there are things to worry about. The Consumer Price Index, a barometer of inflation, experienced its biggest jump in 13 …

The way out of the bleak economic outlook resulting from Covid, experts tell us, is to put ourselves in a gloomy mood and prepare for calamity. They first said that we are quickly becoming a Myanmar, a military state, but when that prognosis started to be considered ludicrous, they have now changed their tactics to …

JOHANNESBURG — The violence and looting in parts of South Africa, sparked by the arrest of former President Jacob Zuma, spreads to reflect deeper issues in the continent’s most developed economy, where a third containment pandemic is exacerbating economic pain and unemployment that has disproportionately affected the poor. Police, now bolstered by a small deployment …