Predictions were made earlier in the year as the pandemic was getting underway that CO2 emissions would be greatly reduced due to the enforced drop in economic activity and travel. While the fact that this has indeed happened will surprise few, the ext…
When it comes to the economic fallout of the COVID-19 pandemic, we have gotten used to negative superlatives over the past few months. We’ve seen some of the worst single-day losses in stock market history, followed by an unprecedented drop in consumer…
The latest employment figures released today by the UK’s Office for National Statistics reveal a continued rise in the unemployment rate. In June-August the figure rose to 4.5 percent – 0.6 percentage points higher than a year earlier and 0.4 percentag…
Amazon Prime Day is kicking off today. Since its inception in 2015, the event has turned into a 48-hour-long eCommerce extravaganza.Just five years in existence, Prime Day has grown into a major shopping event, rivaling Black Friday and Cyber Monday. T…
UK monthly GDP continues to recover after having experienced the biggest dip on record in April when the measure was down 19.5 percent compared with March. Between July and August, GDP in the UK rose for the fourth consecutive month but the pace has sl…
According to website CoinMarketCap, all bitcoins in the world were worth around 202 billion U.S. dollars as of October 9, 2020 – more than five times as much as those of the next biggest crypto currency, Ethereum. But Bitcoin used to be worth even more…
The EU and Schengen area countries reopening to travelers from outside their borders amid the ongoing COVID-19 pandemic on July 1. Out of 14 countries initially named, ten remain on the list of places from which residents can enter the EU again, with C…
During the vice presidential debate on Wednesday, Republican incumbent Mike Pence claimed that there are no more hurricanes today than there were 100 years ago. Is this true? Only partly, as our graphic shows: While the number of hurricanes varies from…
Two German cities, Munich and Frankfurt, were found to have the highest risk of a housing bubble developing in a recent survey released by investment bank UBS. Other cities at risk were Toronto, Hong Kong, Paris, Amsterdam and Zurich.In Munich and Fran…
The jobs recovery in the U.S. appears to be slowing down, according to new data from the Bureau of Labor Statistics. Industries hit hard are finding it difficult to claw back to normalcy, even as reopening measures persist across the country. Many in t…
