French economy to recover from pandemic by mid-2022, central bank says
By France24
14 April 2021 |
11:00 am
The head of France's central bank has said he expects the French economy to recover from the pandemic slump by the middle of 2022. The bank is expecting the economy to grow by 5.5 percent this year, after a slump of more than 8 percent in 2020. The April lockdown is also having a limited effect on economic activity, according to the bank's latest report. Meanwhile, French industry is suffering from shortages of key materials such as semiconductor chips, wood and metals, which may cause consumer prices to rise.
Related
Related
3 hours ago
The European Commission on Wednesday announced it is launching an investigation into Chinese public procurement of medical devices.
1 day ago
Israel's economy suffered a major contraction in the final quarter of 2023, following the terrorist attacks. Its economy shrank by 5.2% compared with the previous quarter. Much was related to the labor force disruption which resulted when around 300,000 reservists were called up to the country's armed forces.
1 day ago
The German government revised its economic growth forecast for 2024 marginally from 0.2% to 0.3%, Economy Minister Robert Habeck confirmed on Wednesday afternoon.
10 hours ago
Private sector players are urging the Nigerian government to suspend the increase in electricity tariff for band A customers, citing the recent appreciation of the naira, a part of the determining factor for the tariff. Segun Ajayi-Kadir, Director General of the Manufacturers Association of Nigeria, joins CNBC Africa for this and more.
1 day ago
Find these stories and much more when you grab a copy of The Guardian on Thursday.
9 mins ago
Boeing said Wednesday that it lost $355 million on falling revenue in the first quarter, another sign of the crisis gripping the aircraft manufacturer as it faces increasing scrutiny over the safety of its planes and accusations of shoddy work from a growing number of whistleblowers.
Latest
9 mins ago
A South African high court judge dismisses a case brought by the ruling ANC that had accused the MK party of copyright infringement. Also, flooding hits many parts of Kenya, sweeping away vehicles, submerging key highways and sending some communities scrambling to find higher ground. Staying in Kenya, we report on how a nation known for its marathon and long-distance running gold medals is now hoping to shine in sprint.
1 hour ago
Tiger Woods is set to receive an equity bonus in the region of $100 million for staying on the PGA Tour rather than moving to LIV Golf. 193 of the tour’s golfers will receive the payment, which is funded by the Strategic Sports Group, which has invested $1.5 billion into the Tour.
1 hour ago
Videos falsely claiming to show Israel invading or bombing the Gazan city of Rafah have gone viral on X this week. Also, what do we know about Israel's planned invasion of Rafah, based on satellite images? We tell you more in this edition of Truth or Fake.
2 hours ago
Eye on Africa tours the Hope Hostel in Kigali. It's one of the lodgings prepared by Rwanda to take in migrants deported from Britain, the first of whom could arrive in a few months' time under a controversial policy.
2 hours ago
After years of a successful sporting career, Nigeria’s four-time kickboxing gold medalist, Jibrin Inuwa Baba, pays homage to his town Kano where he meets his coach at the Dambe boxing arena. His hope is to see young athletes equally succeed in their boxing career.
3 hours ago
As India's opposition leader Rahul Gandhi claims on the campaign trail that Prime Minister Narendra Modi has made the country into a "centre of unemployment", we look at the situation that young Indians face on the job market. Also in this edition, the US will see its first high-speed rail line in 2028, when commuters will be able to travel from Los Angeles to Las Vegas in just over two hours.
×
Get the latest news delivered straight to your inbox every day of the week. Stay informed with the Guardian’s leading coverage of Nigerian and world news, business, technology and sports.
0 Comments
We will review and take appropriate action.