French economy to recover from pandemic by mid-2022, central bank says
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.
Libyan and Italian leaders discuss immigration, economy
Italian Prime Minister Mario Draghi on Tuesday (April 6) urged the Libyan government to ensure that the country's ceasefire is maintained and strictly observed.
French economy braces for third national lockdown
French President Emmanuel Macron has extended lockdown measures across the country for the next month, in an effort to curb the spread of Covid-19. The restrictions will see over 150,000 businesses shuttered, at a cost of €11 billion. Also in the show: we look at the state of America's crumbling infrastructure, and Deliveroo shares fall flat in the company's stock market debut.
Covid-19: Bank of Industry's impact on the informal sector
“The economy will recover and as it recovers from the effect of the pandemic, I do see a period of some growth,” Toyin Adeniji, Executive Director of the BOI said in a chat with GuardianTV. She said the country has had time to “build some business-friendly policies” that will make Micro Small and Medium Enterprise (MSME) cluster.
National People's Congress: China plans 'green transformation' of economy
The NPC is China's biggest annual political event. On the agenda this year are the economy's "green transformation" and the nation's continued rise as a global power.
NAF confirms Beechcraft King Air B350 crashed, Niger state secures release of abducted passengers
Here are a few reasons to pick up a copy of The Guardian on Monday. Find these stories and much more when you grab a copy of The Guardian on Monday.
Boko Haram hoists flag in parts of Borno State, Kim Kardashian files for divorce from Kanye West
Here are a few reasons to pick up a copy of The Guardian on Sunday. Find these stories and much more when you grab a copy of The Guardian on Sunday.
Japan's stocks soar despite economy shrinking in 2020
Tokyo's Nikkei closed above the 30,000 yen mark for the first time since 1990, despite Japan reporting its first annual GDP contraction since the 2009 financial crisis.
Cuban government opens up economy
Cuba has increased the number of industries that will be free from state involvement. It is one of the biggest economic reforms for the country in years.
What is Joe Biden's plan to rescue the US economy?
Joe Biden is inheriting a weakened American economy, battered by the coronavirus pandemic. Unemployment remains high, and the latest jobs figures show that the recovery could have stalled. Ahead of the inauguration, we look at the details of the incoming president's rescue plan for the US economy and his broader economic platform. Also today, we tell you why Janet Yellen has given hope to many European leaders that a compromise could be found on changing the rules for taxing digital giants.