Crisis

Atos looks beyond the Covid-19 crisis to help businesses prepare for the future

By Frances R. Booker 1 week ago

Paris, May fourteen, 2020

Atos, a world wide leader in digital transformation, anticipates what the earth will glimpse like after the Covid-19 disaster in a report published by gurus from the Atos Scientific Neighborhood, a world wide network made up of one hundred sixty of the major scientists, engineers and ahead thinkers from across the Team, who have been active on the subject matter considering the fact that the starting of the disaster. Their predictions not only detail attainable implications and opportunities for unique industries they also examine the ‘transversal’ implications of systems that have the probable to remodel each

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Turkey Strains to Ward Off Currency Crisis as Pandemic Weighs on Economy

By Frances R. Booker 2 weeks ago

ISTANBUL—Months ahead of the new coronavirus strike, Turkey was straining to stave off a forex crisis, burning by way of billions of pounds of international-trade reserves to prop up the Turkish lira.

Now, the pandemic threatens to drive Turkey into a entire-blown stability-of-payments crisis, leaving President Recep Tayyip Erdogan facing a single of the most important issues in his 18-yr rule.

At…

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What we learned from the 2008 global financial crisis

By Frances R. Booker 1 month ago

Transcript

Tim Buckley: I appear again at 2008‒2009, and I bear in mind people today panicking—investors I respected. Some of them have been finding out on March 9, 2009. They could not handle it any more, and which is just when the marketplaces took off. No a person experienced predicted that. You always have to bear in mind the marketplaces are forward-on the lookout, and you don’t know when they’re going to just take off—just like you don’t know when they’re going to tumble. So it’s best to be invested than to try to time it, due to the fact

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Coronavirus Crisis Threatens to Split an Already Fractured EU

By Frances R. Booker 1 month ago

BERLIN—The European Union is facing the worst crisis since its inception as the coronavirus deepens long-running tensions between the bloc’s south, hardest hit by both the pandemic and its economic fallout, and the financially stronger north.

Whether and how this clash, crystallized in the quarrel between Germany and Italy, gets resolved in the coming weeks is likely to determine the long-term viability of the entire European project—including the future of the common currency. If unresolved, that fight will continue to poison…

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US stocks suffer worst week since financial crisis after seven days of losses

By Frances R. Booker 1 month ago

Good early morning, this is Louis Ashworth, using around the web site for our standard protection of the London trading session. I’ll be monitoring the continued decrease on European markets, and also bringing you the most current new of business enterprise, economics, dollars and tech.

Here’s what you need to know this early morning.

Stock markets in the US and Europe plunged into correction territory ­yesterday as panic around the distribute of coronavirus activated a wave of clean promote-offs. On Wall Street, the Dow Jones recorded its major just one-working day issue drop at any time, closing down

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