Economic Performance/Indicators, Economic Growth/Recession, Political/General News, Respiratory Tract Diseases, Global/World Issues, Medical Conditions, Outbreaks/Epidemics, Novel Coronaviruses

Economic Performance/Indicators, Economic Growth/Recession

India’s GDP Shows Covid-19 Has Stranglehold on One of World’s Largest Economies

Covid-19 has strangled one of the world's most powerful engines of economic growth: India’s 1.3 billion consumers

11/27/2020 4:15:00 PM

Covid-19 has strangled one of the world's most powerful engines of economic growth: India’s 1.3 billion consumers

The coronavirus pandemic has strangled one of the most powerful engines of economic growth in the world: India’s 1.3 billion consumers.

. Even after the nation started ending its lockdown in stages in May, people have been staying home, conserving their rupees and riding out the storm.The latest GDP data marked the first time in decades that the country’s growth has contracted for two consecutive quarters.

White House expected to lift transgender ban in military as early as Monday Sarah Sanders expected to announce bid for Arkansas governor on Monday Mexican President tests positive for Covid-19

Covid-19 has kept people from spending, said 33-year-old Krishna Kumar, who has been selling sweet chai tea from a cart in Dehradun, a city in the Himalayan state of Uttarakhand, for half his life. He said it has never been this bad. Read more: The Wall Street Journal »

Eleven trapped miners rescued in China after 14 days underground

Chinese rescuers pulled 11 gold miners to safety on Sunday with most of them in good condition after 14 days trapped underground after an explosion, but 10 colleagues were still unaccounted for, state media reported.

And still China seems to be unaffected. How’s this possible? You meant 'RESPONSE to covid 19'. You write about Covid like it makes decisions. It's always the response. More good news please((( Hi there , i am from brazil , I have no job because coronavirus crisis, I need somebody help me 🥲