Worldcrunch
After two months of war, experts in Ukraine are starting to consider what plan could work to restore the local infrastructure and economy, looking at the experience of Germany, Japan and Italy — countries that went down in history for their economic miracles after being destroyed by war.
The Kremlin is increasingly focused on the destruction of infrastructure in Ukraine. The government in Kyiv will be entitled to reparations. Russia should know now: the more it destroys in Ukraine, the less it will get back from its foreign billions.
-Analysis- NEW DELHI — In a discussion on NDTV about the contents of the third tranche of Prime Minister Narendra Modi”s stimulus package for the economy, Yogendra Yadav, one of India’s most respected psephologists, called it “entertainment.” Yadav is a gentle human being who goes out of his way to avoid giving offense, above all on TV. So “entertainment” was the most civilized word he could think of. I will be a little more blunt. Not just the third tranche, but the entire “stimulus package” advertised by Modi on May 12 is a gigantic confidence trick being played upon a […]
VISSO — Francesco Sbaffi was recouping after a long day during a busy wine harvest when a powerful earthquake struck this idyllic town in the Apennine Mountains 11 months ago. The grape must was already fermenting in barrels at the Coppacchioli winery, where Sbaffi works as an oenologist, when the earthquake hit. As thousands of […]
This week, we shine the spotlight on Portugal: DOES RECOVERY SPELL REELECTION? After years in the doldrums, the Portuguese economy is showing signs of picking up, with the country’s GDP growing — albeit slowly — and unemployment figures reaching five-year lows, Diário Económico reports. According to official data from Portugal’s National Statistical Institute INE, private […]
TEL AVIV — Despite its ongoing problems, the Palestinian economy has recently shown significant signs of recovery. It’s particularly evident after a period of deep recession, economist Yitzhak Gal notes in an article published by a Tel Aviv University journal. The Palestinian Authority has faced the threat of collapse and, with it, the destruction of […]
While European politicians have been hailing an economic uptick in the troubled Greek economy, Greeks themselves have yet to see any real signs of rebound. What explains the divide?
GENEVA — If the term “fast-track surgery” conjures a fast-food restaurant in your mind, then some explanation is in order. The term refers to a protocol that can reduce hospital stays by 30% to 50%, without any higher risk of readmission than ordinary surgery. In a study published last June in the British Journal of […]
THE LOCAL (Germany), LES ECHOS (France) Worldcrunch BRUSSELS – Data released Wednesday showed the economies of Germany and France grew faster than expected between April and the end of June, raising hopes for a recovery across Europe. The new figures show that Germany enjoyed its fastest growth in more than a year in the second […]
LES ECHOS (France), TELEGRAPH (UK), REUTERS Worldcrunch PARIS – After six straight quarters of contraction, new signs were reported Wednesday that the recession in Europe’s single-currency euro zone may be set to end. Manufacturing in the euro zone increased for the first time in well over a year, boosted by higher private sector output in […]
This is the good kind of cheesy…
Worldcrunch CARACAS – Thursday was supposed to be the day Hugo Chavez was inaugurated for a fourth term as Venezuela’s president. But the ceremony has been postponed as he is recovering from a reported “severe” lung infection after his latest cancer surgery in Havana, Cuba. Though Chavez has not been seen in public for more […]
MOSCOW – At the beginning of November, Russian automaker executives testified in front of the Trade and Industry Ministry about a network of sites around the country they had set up to allow car owners to drop off unwanted cars for recycling. It was the first sign in a move towards the creation of a […]
NEW YORK – In the focus groups he organizes to understand American voters, Democratic Party pollster Stan Greenberg says lately participants have actually broken down emotionally when answering questions about their lives. “Three-quarters of the population are struggling. Families are overwhelmed, salaries have decreased by 20% and health benefits are falling,” Greenberg, co-author of the […]