Tag: Gross domestic product
Brazil’s economy grows more than expected in first quarter
RIO DE JANEIRO — Brazil's economy grew more than expected in the first quarter of 2021, continuing its rebound from pandemic recession as many...
Bank of Italy forecasts 4% GDP growth in 2021
MILAN — The head of Italy’s central bank said Monday the eurozone’s third-largest economy could grow 4% this year, after shedding 9% during the...
German GDP slumps but optimism up as vaccinations increase
BERLIN — Germany's economy contracted more than expected in the first quarter amid coronavirus lockdown measures, according to statistics released Tuesday, but a leading...
Japan’s economy shrinks 5.1% as pandemic dries up spending
TOKYO — The Japanese economy contracted at an annual rate of 5.1% in January-March, slammed by a plunge in spending over the coronavirus pandemic,...
A look at how US corporations manage the tax system
WASHINGTON — As American corporations have generated an ever-smaller share of federal tax revenue, the burden has fallen more heavily on individuals, through the...
German government raises 2021 economic growth forecast
BERLIN — Germany is raising its economic growth forecast for the year on the expectation of the gradual lifting of coronavirus restrictions and an...
UK sees budget deficit rise to highest rate since 1946
LONDON — Britain has seen its budget deficit rise during the coronavirus pandemic to its highest level since the year after the end of...
Russian entrepreneurs adapt to virus lockdown challenges
MOSCOW — Valentina Konstantinova remembers well when Russia locked down for the coronavirus a year ago. Her 18-room boutique hotel, called Skazka, or “Fairytale,”...
By the numbers: UK’s virus year saw a raft of stark figures
LONDON — For Britain, it has been a year of agonizing numbers.
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UK GDP shrinks 2.9% amid COVID lockdown; Brexit cuts exports
LONDON — The British economy shrank 2.9% in January as the nation was hit by a new round of coronavirus restrictions and Brexit slashed...
