The Business Cycle Prediction Committee of the National Institute of Economics, a private nonprofit organization in the United States, announced on the 8th that the US economy has ended its economic expansion cycle since June 2009. It entered a recession in February this year. The organization has always been regarded...
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“8 trillion dollars” and “10 years”, which is the data given by the US Congressional Budget Office (CBO), the coronaviru’s "bill". Although the United States has now passed through the most difficult period, the depth and duration of the impact on the economy are still worrying. Despite the improvement of the...
Since 2020, Dow and the S&P have been triggered circuit breakers that halted trading for four times. Compared with the previous one in 1997, the situation has deteriorated this year. In many countries, after gradually lifting lockdown of the city, the economy was also affected. Understanding V, U, W, And...
The development and progress of the global industrial chain have never stopped. The reason for the evolution lies in the differences in international division of labor caused by differences in resource allocation among countries. Since the 1970s, global trade has undergone 50 years of in-depth integration and development, forming a huge global...
There is no eye-catching title and visually striking pictures, but the black characters on white paper is still shocking. On May 24, the New York Times listed on the front page the names, ages, and identities of 1,000 coronavirus deceased persons, as well as their story profiles, as a gloomy "milestone" for the country's fatality to...
