France is faring worse than Germany, Europe’s largest economy, which on Thursday reported a 10.1% plunge in GDP during the April-June period as its exports and business investment collapsed.
Britain officially entered recession in the second quarter after gross domestic product (GDP) contracted by 2.2 per cent in the first three months of the year. The technical definition of a recession is two quarterly contractions in a row.
The speed at which Russia is moving to roll out its vaccine highlights its determination to win the global race for an effective product, but has stirred concerns that it may be putting national prestige before sound science and safety.
It is in the nature of politics to generate crisis. There are three reasons for that. First, it involves power, and power by definition corrupts, as rightly believed for decades by politicians, by political observers and by ordinary people.
Covid is a human crisis affecting everybody, directly or indirectly, and creating an uncertainty for many about what lies ahead in terms of continuity of work, personal finances and family welfare. Any natural disaster comes unannounced
‘Newsnight’s Nick Watt was pursued through the streets by a deranged mob, bellowing ‘traitor!’ in his face, for having the temerity to cover their protest’ Another long day in the life of the BBC. It has a lot of those these days, since it replaced
President Joe Biden’s decision to donate 500 million COVID-19 vaccines to other countries by June 2022 is an important step toward restoring the United States’ global standing. Another, parallel foreign policy solution could perhaps do even more.