Tag: economic

‘Raise sick pay’ to lower virus health and economic risk

Image copyright Getty Images Statutory sick pay should be increased and the furlough scheme extended on a flexible basis, new research suggests. Doing so would better manage a “crude” trade-off between lives and livelihoods as the UK economy reopens. These are two of the recommendations in a new report from the Royal Society. It says economic and health data should… Read more →

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Manmohan Singh’s ‘three steps’ to stem India’s economic crisis

Image copyright Getty Images Image caption Manmohan Singh is widely regarded as the architect of India’s economic reforms programme India must take three steps “immediately” to stem the damage of the coronavirus pandemic, according to its former prime minister Manmohan Singh. Dr Singh, who is widely regarded as the architect of India’s economic reforms programme, and is now a senior… Read more →

Coronavirus lockdown vs fear: What’s delaying economic recovery?

Image copyright Getty Images The coronavirus outbreak has been followed by a massive decline in economic activity in many countries, often blamed on the lockdowns aimed at stopping the spread of the disease and limiting the deaths it causes. In fact, there are two forces at play. Government rules being one, and voluntary action taken by individuals and businesses is… Read more →

Hong Kong: China vows to retaliate after Trump ends special economic status

Media playback is unsupported on your device Media caption“Their freedom has been taken away” China has vowed to retaliate after the US ended Hong Kong’s preferential trade status and imposed sanctions on officials who crack down on rights. President Donald Trump said he was acting because China had taken away Hong Kong’s freedom after it imposed a new security law.… Read more →