economic-recovery
Top StoriesRecord Numbers Resign in France as Bargaining Power Balance Shifts -Labour Ministry
Top StoriesAid Trickles in to Afghan Earthquake Zone, Toll at 1,000 Dead
Top StoriesReturn of the Superjumbo: A380 Makes Comeback Despite High Oil Prices
Top StoriesCovid Mistakes Can’t Be Repeated This Winter, Says German Hotel Industry
COVID-hit Shanghai to End Two-Month Lockdown on June 1
Date: May 30, 2022
By Brenda Goh and Ryan Woo SHANGHAI/BEIJING (Reuters) -Shanghai on Monday announced an end to its two-month long COVID-19 lockdown, allowing the vast majority of people in China’s largest city to leave their homes and drive their cars from Wednesday. The news brought an outpouring of relief, joy and some wariness from exhausted residents. “I’m...
EU to Suspend Tariffs on Ukraine Imports for One Year, Kyiv Grateful
Date: April 27, 2022
BRUSSELS (Reuters) -The European Commission proposed on Wednesday a one-year suspension of import duties on all Ukrainian goods not covered by an existing free trade deal to help the country’s economy during the war with Russia. The measures will apply in particular to fruit and vegetables, subject to minimum price requirements, agricultural products facing quotas,...
Exclusive-Russian Invasion Damaged up to 30% of Ukraine’s Infrastructure, Says Minister
Date: April 18, 2022
By Pavel Polityuk KYIV (Reuters) – Russia’s invasion has damaged or destroyed up to 30% of Ukraine’s infrastructure at a cost of $100 billion, a Ukrainian minister said on Monday, adding reconstruction could be achieved in two years using frozen Russian assets to help finance it. Ukraine has not previously outlined the specific impact on...
Thousands Displaced After Typhoon Megi Hits Philippines
Date: April 13, 2022
By Neil Jerome Morales MANILA (Reuters) – Philippine authorities on Wednesday struggled to distribute aid to tens of thousands of displaced people sheltering in evacuation centres after typhoon Megi triggered landslides in coastal provinces that left 56 dead and dozens missing. More than 42,000 people were displaced and 200 injured when Megi made landfall at...
Hit by Staff Shortages, Airlines and Airports Struggle With Travel Recovery
Date: April 5, 2022
By Paul Sandle LONDON (Reuters) – Thousands of holidaymakers have seen their Easter getaways disrupted or cancelled because airlines and airports do not have enough staff to meet the recovery in demand as pandemic restrictions are eased in Europe. High rates of COVID-19 in Britain have caused staff absences for airlines and airports that were...
Bank of England Questions Tighter Bank Capital Rules After Ukraine Invasion
Date: March 24, 2022
By David Milliken and Huw Jones LONDON, March 24 (Reuters ) – The Bank of England said on Thursday that it might not go ahead with plans announced in December to raise banks’ capital requirements in the coming quarter, given Russia’s invasion of Ukraine. The BoE said major British lenders’ capital and liquidity position remained...