Money Talks

China's social distancing restrictions have caused economic slump

The Chinese government plans to ease social distancing restrictions in major cities next month. And it can't come soon enough, with the lockdowns, including in major cities like Shanghai, causing a major economic slump. Government data show the world's second largest economy is on track for a contraction in the second quarter, as it deals with its worst COVID-19 wave since the beginning of the pandemic. For more on the Chinese economy, we were joined by Guido Cozzi, who is macroeconomics professor at the University of St. Gallen. #China #Economy #COVID-19

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Germany’s retailers are fighting to get back on their feet

Why are financial markets selling-off globally?

Why are financial markets selling-off globally?

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In Brief Episode 16: Will millions of Americans get another stimulus check?

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Is coronavirus triggering a global economy catastrophe?

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Oil companies' profits have nearly doubled compared to last year

China imposes economic curbs on Taiwan over Pelosi visit

China imposes economic curbs on Taiwan over Pelosi visit

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Asian markets fall sharply ahead of Nancy Pelosi's visit to Taiwan

China's manufacturing output growth slower than expected in July

China's manufacturing output growth slower than expected in July

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Lufthansa's ground staff on strike, demand pay raise

Weak consumer spending hit tech earnings

Weak consumer spending hit tech earnings

Egyptian farmers struggle to survive amid rising costs

Egyptian farmers struggle to survive amid rising costs

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US economy in recession after second quarter contraction

Market Movers: Energy prices keep soaring

Market Movers: Energy prices keep soaring

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US economy disappoints with 0.9% contraction in second quarter

US Federal Reserve hikes benchmark rates by 75 basis points

US Federal Reserve hikes benchmark rates by 75 basis points

IMF slashes global growth forecast, sees rising risk of recession

IMF slashes global growth forecast, sees rising risk of recession

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