Despite being the epicenter of the COVID-19 outbreak, China’s swift and strict response to the pandemic allegedly led to a 2.3 percent increase in GDP in the year 2020, reports NPR. The pandemic posed a unique challenge for the communist government, but not an unmanageable one. Leaning into authoritarian tactics, the Chinese government was able to fight the virus while simultaneously building back its economy.
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The European Union and the United Kingdom have resumed negotiations to reach a post-Brexit trade deal as soon as possible. Tariffs and quotas will be imposed, creating economic shocks for both if no trade deal is reached between the two parties by the end of the year.
Read MoreLarge emerging markets failed to attain expected levels of international trade and investment, despite forecasted growth in these markets for 2020.
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Former soccer star-turned-politician George Weah marked his first year in office as President of Liberia on January 22.
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In order to solve the homeless epidemic in Ireland, a plan has been proposed to move homeless onto a cruise ship.
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British Prime Minister, Theresa May, and Irish Taoiseach, Leo Varadkar, have been in increased contact in the lead up to the October 18 European Union Council summit where more Brexit talks will take place.
Read MoreStaff Writer Tien Phan delves into the potential possibilities springing from the association South East Asia Nations.
Read MoreAccording to CNN, Ms. Yellen cited economic slowdowns abroad, especially the recent downturn of the Chinese economy. “The situation abroad bears close watching. Heightened concerns about growth in China and other emerging market economies have led to notable volatility in financial markets,” she said.
Read MoreBy Gabriela Taveras Staff Writer Amidst a whirlwind of confusion that arose from the bailout negotiations between Greece and its
Read MoreBy Keith Barnes Staff Writer After decades of double-digit GDP growth, China firmly surpassed Japan as the world’s second-largest economy
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