Many developing nations in the East Asia/Pacific region will take a major hit economically due to the coronavirus outbreak, but some are also expected to finish off 2020 escaping negative GDP growth. According to a report by the Asian Development Bank …
COVID-19 restrictions are continuing to take a substantial toll on economies across the world. While few countries are providing monthly metrics on how their GDP is recovering from lockdowns in March and April, Norway and the U.K. show how the massive …
The global battle about who will deal with the world’s trash is raging on. After China banned the import of plastic waste in 2019, other Asian countries have expanded into the sector that carries the inherent risk of air, land and maritime pollution. W…
The coronavirus pandemic aided or at least coincided with a high demand for videosharing app TikTok in app stores around the globe. Analytics platform Airnow Data counted almost 76 million monthly downloads in March of 2020 and a still respectable 44.6…
Germany, Japan and China are the countries in the world which export much more than they import (in monetary terms) and they are receiving lots of criticism for it. China, which exports electronics and metals but also cheap consumer goods, is embroiled…
According to a recently published report by CB Insight, Grab is the highest-funded fintech startup (currently private, up-and-coming company) in the world. The Singaporean business is also a ride hailing and food delivery provider, partly explaining wh…
Global investment in renewable energy has almost doubled in the past decade. During this time, Europe lost its position as a top investor in renewables, being overtaken by China and the United States. According to a publication by Bloomberg New Energy …
With restrictions gradually lifted, borders and businesses reopening and a hint of normalcy returning to people’s lives in many countries, it’s tempting to feel like the worst is over six months into the pandemic. And while few countries are currently …
By around this time last year, 118 thousand acres had been burned by 4,927 wildfires in California. So far in 2020 this figure is at an astounding 2.3 million acres caused by 7,606 fires. Before this, 2018 had held the record for the amount of land bur…
China’s once strong agricultural sector is steadily losing importance and in 2019 was responsible for only around 7.1 percent of the country’s GDP. The industrial sector, which has long been the mainstay of the Chinese economy, is also losing relevance…
