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Capital Economics

Capital Economics latest

Asia: COVID-19 Freezes Global Production, Hit Demand
May 4th, 2020 - 11:30 GMT

Asia: COVID-19 Freezes Global Production, Hit Demand

Asia’s factory activity was ravaged in April, business surveys showed on Monday, and the outlook dimmed further as government restrictions on movement to contain the coronavirus outbreak froze global production and slashed demand. A series of Purchasing Managers’ Indexes (PMIs) from IHS Markit fell deeper into contraction from March, with some diving to all-time lows and others hitting levels last seen during the 2008-2009 global financial crisis, Reuters reported. Similar ...
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How Is the Coronavirus Affecting the GCC's Economies?
March 8th, 2020 - 07:36 GMT

How Is the Coronavirus Affecting the GCC's Economies?

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