by bridgeadcom | May 28, 2020 | Covid-19
The value of Chinese exports in the first two months of 2020 fell by 17.2% year on year, while imports slowed by 4%.Major industries have suffered at the hands of COVID-19, with nuclear reactors, electrical machinery and equipment, plastics, and organic chemicals...
by bridgeadcom | May 28, 2020 | Covid-19
Sub-Saharan Africa is set to experience a major economic downturn as a result of COVID-19.With global interest rates at rock bottom, there has never been a better time for the world to invest in Africa and its industries.By investing in Africa now, we create a more...
by bridgeadcom | May 28, 2020 | Covid-19
The US had a 14.7% rate of unemployment in April.Researchers estimate that 42% of pandemic-induced layoffs will result in a permanent job loss.COVID-19 will have ‘profound, long-term consequences for the reallocation of jobs, workers, and capital across firms...
by bridgeadcom | May 28, 2020 | Covid-19
A recent study finds that low-skilled workers are more at risk from displacement by robots than high-skilled workers.1987 was a key inflection point in the U.S. – when jobs lost to automation stopped being replaced by an equal number of similar workplace...
by bridgeadcom | May 28, 2020 | Covid-19
The global economy could take a hit of some $82 trillion in a worst case scenario from the coronavirus, according to the University of Cambridge.In case of speedy recovery, an “optimistic loss” of $3.3 trillion is likely.The figures represent how much...
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