Asked a familiar German businessman briefly and only on the facts describe specific measures to support business and employees to date, are implemented in Germany. The Federal state of Berlin. Next quote with a minimum of additions and explanations [in square brackets]: 1. Soforthilfe [“immediate assistance”]. Program to support small …
Read More »Loans and poverty as drivers of the pandemic
The part of the Russians and migrants remain without work. Some people will not be able to return home, others simply will be no money to live on and repay loans. Than a temporary quarantine may lead to the country in which millions of internal and external migrants, every second …
Read More »Away of an illusion: the pandemic is over, but economic problems remain
Pandemic coronavirus called “black Swan” that hit oil prices and the ruble exchange rate, but this is only partly true. The main thing that you must understand when coronavirus hysteria will subside, it is fundamentally easier for the Russian economy will not become, as real incomes continue to fall. …
Read More »The world Bank released the “pandemic” bonds
Already managed to raise $320 million through the placement of two issues of bonds with a maturity of 3 years The world Bank (WB) has placed the world’s first “pandemic” of bonds and derivatives to support developing countries in case of outbreaks of infectious diseases. This is stated in the …
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