When that sense of uncertainty appears pervasive, consumers make a beeline for the banks. Deposits surge. When deposits rise, consumption falls. If the economic outlook for the next year weakens, more depositors may be forgiven if/when they consume less.
When students at Sarasoti Namuna Secondary School in Janakpur, Nepal, returned to school on Aug 25 for the first time in months amid the nationwide novel coronavirus lockdown, 500 food packages were provided to the students and their families by the China Foundation for Poverty Alleviation's Nepal office and local partner Safa Sunaulo Nepal.
While Kentucky is home to whiskey and McConnell, Wisconsin is the largest cranberry producer in the world, as well as home to Harley and Republican House Speaker Paul Ryan. Last year, the total value of US cranberry exports to the EU was nearly 0 million, one of the highest amounts in five years, according to state agriculture officials.
When the company was founded in 1979, our cashmere sweater factory didn't have enough initial capital and couldn't buy the most advanced imported equipment. We tried to raise more funds by compensation trade. This was an advanced financing model at the time.
When former cabin crew member Kennedy Mugo told his friends and relatives that he was leaving his familiar Kenya Airways job to join a new train services company in town, many of them questioned his decision.
When Tencent expands its scope to offline commerce, people need to bear in mind two things, market observers said.
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While COVID-19 will delay some of these, by 2022 there will be over 500 different EV models available globally, it said.
When we visited University Village this?weekend, that gap was sealed, and the only opening?in the coverings was in a second-story window. We?used a long pole with a camera attached to peer down through that opening, but the interior view was blocked by even more?thick sheets below.
When Thailand's King Bhumibol Adulyadej died in October 2016, a low-to mid-end Hong Kong fashion brand sold out of black shirts and white ones - the colors of respect worn during the official mourning period - almost overnight.
Whether the government will set an explicit GDP growth target for this year at the NPC meeting is still uncertain, due to the severe blow from the virus on the global economy. The slumping external demand may drag economic recovery in the second quarter, after the unprecedented contraction of 6.8 percent in the first three months, said analysts.