EU is gridlocked over €1 trillion coronavirus fund – here's a way forward

Apr 26, 2020 05:19 am UTC| Economy

An EU leaders summit has produced no definitive progress on saving Europes southern nations from the greatest slump in living memory. There is talk of a recovery fund of at least 1 trillion (873 billion), now that EU...

Cities are at centre of coronavirus pandemic – understanding this can help build a sustainable, equal future

Apr 24, 2020 05:09 am UTC| Insights & Views Economy

From its origin in Wuhan, China, COVID-19 has spread to become a predominantly urban-focused pandemic. Although much data on the pandemic is still unavailable, it is clear that urban areas have been at the epicentre. We...

Why there isn’t a one-size-fits-all plan for states to reopen their economies

Apr 24, 2020 05:08 am UTC| Economy

Editors Note: How and when states reopen their economies will look different from one state to the next state depending, in part, on where that state is in the trajectory of its coronavirus illnesses. In this QA, Hilary...

Why farmers are dumping milk down the drain and letting produce rot in fields

Apr 24, 2020 05:05 am UTC| Economy

Many Americans may be surprised and confused to see farmers dumping milk down the drain or letting vegetables rot in their fields. Why would they be destroying food at a time when grocery stores and food pantries...

Oil in Global Economy Series

BP paid a steep price for the Gulf oil spill but for the US a decade later, it's business as usual

Apr 24, 2020 05:01 am UTC| Economy Business

The largest offshore oil spill in U.S. history began ten years ago, on April 20, 2010. A massive explosion killed 11 workers on the Deepwater Horizon drilling rig, and a blowout spewed more than 3 million barrels of oil...

Korean Government Unveils Plan to Help Businesses in Saving Jobs

Apr 24, 2020 04:37 am UTC| Economy

South Korea will allocate 10.1 trillion won wage subsidies for small businesses, among the measures it would provide to support job retention. Also included in the government plan is to provide programs for the...

Samyang Foods to Post Highest 1Q Sales Amid Pandemic

Apr 24, 2020 04:36 am UTC| Economy Business

Korean instant noodle manufacturer Samyang Foods is poised to register a 30 percent increase in first-quarter sales, to make it the highest quarterly sales in its history. Samyang Foods manufactures the Buldak Spicy...