As the world's economy crumbled due to the coronavirus pandemic, it seems like Germany was not as affected. According to official figures, Germany's economy only decreased by 5% in 2020. This number is among the smallest declines recorded in Europe despite the pandemic that caused a recession since 2008. Germany's Impressive Stable Economy In Europe, it is expected that … [Read more...] about Germany’s Economy Recorded Only 5% Slump Amid COVID-19 Pandemic
Economy
International Monetary Fund is Doubting UK’s Fast Economic Recovery in 2021
The International Monetary Fund or IMF has downgraded the forecasts for the United Kingdom's recovery in 2021. Thanks to the accelerating vaccine rollouts, the global economy's expansion are expected to quicken this year. The IMF illustrated the severe impact of the coronavirus pandemic on the UK economy and stated that in its latest forecast, the national income of the … [Read more...] about International Monetary Fund is Doubting UK’s Fast Economic Recovery in 2021
UK Pound is Edging Up Against Euro, Coronavirus Vaccine Could Help it Persist
The UK pound has suffered these past few years and took a massive slump after the Brexit deal was sealed. But luckily, things are looking positive for the pound as it keeps on edging up against the euro in the market. There are a lot of economic reasons as to why that could be. Investors and the public were in no doubt impressed with the fast vaccine rollout in the United … [Read more...] about UK Pound is Edging Up Against Euro, Coronavirus Vaccine Could Help it Persist
Reality of Brexit Deal Hits the UK as Supermarkets Slowly Run Empty
Brexit may be a done deal and is already currently taking effect; however, its ramifications will affect Britain for years to come. After all of the protest made when UK Prime Minister Boris Johnson made a deal with Brussels on December 24, 2020, the reality of leaving the EU's customs and regulatory territory is starting to surface. The fact that the said deal was only … [Read more...] about Reality of Brexit Deal Hits the UK as Supermarkets Slowly Run Empty
UK British Pound Gets Behind Euro and US Dollar; Outlook Over Market Performance Remains Constructive
The British Pound had reached a new high after eight months against the euro and US dollar in the past week. Now it has retreated, and it seems like the weekend won't be strong either. Analysts said that Pound Sterling would stay well supported amid the rising global markets and the vaccine rollout in the United Kingdom. The British pound-to-euro exchange had hit an … [Read more...] about UK British Pound Gets Behind Euro and US Dollar; Outlook Over Market Performance Remains Constructive