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Economy

Economic forecast: Some EU countries will recover in 2021, others must wait until 2022

Commissioner Paolo Gentiloni warned that uncertainty remains high but that the vaccine roll-out and the EU's recovery fund could help accelerate growth in 2021.

Estonia

Estonian distillery infuses its tonic with Christmas pine needles

It's made from infused pine needles, mixed with cardamom and lemon peel and the end result is a delicate bitter-sweet soda.

Partner content

Despite the pandemic, Uzbekistan’s privatisation plans forge ahead

Partner content presented by NAESMI

The government of Uzbekistan has surprised international economists by announcing plans to forge ahead in 2021 with its ambitious privatisation plans, despite the global Covid-19 pandemic.

USA

Donald Trump finally signs $900bn (€737bn) COVID-19 relief package

Some experts estimated that 14 million Americans would have lost subsistence payments if the president had failed to sign a bipartisan coronavirus relief bill.

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World News

Tourism sector struggles to recover from a devastating year

This year the Covid 19 pandemic has turned the travel and tourism industry upside down. In the European Union, the sector makes up 10% of GDP and creates jobs for 26 million people.

USA

US Congress seals agreement on €730 billion COVID-19 relief bill

Millions of Americans hit by the impact of the coronavirus pandemic will now receive financial help after Republicans and Democrats agreed on a long-overdue relief package.

Real Economy

What does 2021 hold for jobs and businesses in Europe?

In partnership with The European Commission

The EU has downgraded its growth forecast for the Eurozone in 2021. What does that mean and why? We'll look at the real-life consequences of the pandemic on the economy.

Business

EU-China: what economic relations in the “new normal”?

In partnership with China Global Television Network (CGTN)

The Covid 19 pandemic has disrupted international trade and economic relations. With the "new normal" we are already seeing changes taking place.

Partner content

A look at the economic knock-on effect of COVID-19

Partner content presented by Department of Tourism and Commerce Marketing Dubai

The Impact of COVID-19 on U.S. consumer spending and how that's impacting Taiwan - and a look at the growing Islamic economy. All in this episode of Business Line from Dubai.

Partner content

Dubai's growing Islamic Economy

Partner content presented by Department of Tourism and Commerce Marketing Dubai

Valued at over €1.7 trillion the Islamic economy is big business. In this episode, Target talks to industry insiders hoping to position Dubai as a regional hub.

World

How is the Abu Dhabi Investment Office supporting startups and attracting foreign businesses?

In its October World Economic Outlook report, the International Monetary Fund projected a 6.6% contraction in the UAE’s growth this year.

World

This is how Saudi Arabia is investing in its economic future

Saudi Arabia is experiencing an economic slump due to the COVID-19 pandemic and the collapse of oil prices.

France

French ski resorts to open at Christmas but lifts will remain closed

French stations ski were taken aback by Presidential Macron ruling out their reopening for Christmas, but they still hope to be able to convince the government to change its mind.

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London black cabs lie in 'taxi graveyard' amid COVID-19 lockdown

Around 150 London black cabs are being stored in a field outside the UK capital because of a lack of demand for rides amid the latest lockdown.

World News

Brexit trade talks suspended after EU negotiator contracts COVID-19

EU chief negotiator Michel Barnier announced the suspension on Twitter but said lower-ranking officials would continue discussions in the interim.

World News

Paris and Zurich are now the world's costliest cities due to COVID-19

Paris and Zurich leapfrogged Singapore and Osaka to claim the top spot.

Europe News

Belgian businesses look for new opportunities amid pandemic

Belgian companies are having to find new opportunities during the pandemic in order to stay afloat.

World News

Moldova: How the diaspora keeps Europe's poorest nation afloat

The money Moldovans living abroad send home props up the economy, one of the major issues in Sunday's presidential election.

France

France's economic woes worsen as Christmas approaches

Bars, restaurants, and shops will remain shut for at least two more weeks, despite fierce lobbying for the right to reopen.

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Prague Zoo launches fundraising effort to feed its animals

The zoo has been significantly affected by the government's restrictive measures imposed to contain the coronavirus pandemic.