Central Bank of France reports a steep decline in retail sales
Store sales in France fell by nearly a quarter in March compared to a month earlier as many stores were closed due to the corona crisis. The French…
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It will take years to return back to normal
As the number of infections in Britain continues to rise and the number of corona deaths grows, it will take at least a year before the country can…
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The virus of change: intellectuals argue that the World will never be the same
The corona crisis exposes problems that have long lurked beneath the surface. Solutions that were previously dismissed as radical now suddenly seem quite acceptable. De Volkskrant examines five…
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Opec+ agreement finalized
Oil cartel OPEC, Russia and other oil-producing countries agreed on Sunday evening to limit production by 9.7 million barrels per day for the months of May and June.…
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Eurozone will dive into deeper recession than other countries
The corona crisis will cause the eurozone countries to experience a deeper recession compared to other countries in the world. That said the Vice-President of the European Central…
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No firm agreement at G20 / Opec+ meeting
The energy ministers of the twenty largest economies have not made any further agreements about limiting oil production. The final statement following a video conference on Friday states…
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OPEC and Russia confirm the agreement to reduce output
In a statement, members of the OPEC oil cartel and ally Russia confirmed that they agreed on Thursday to cut production. In May and June, 10 million barrels…
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