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Bloomberg terms US and China powerhouses of post-pandemic world

Bloomberg terms US and China powerhouses of post-pandemic world

Analysts polled by Bloomberg share the viewpoint that most countries will hardly get back on track in 2021. Moreover, most economies have to make huge efforts to revive from the pandemic-driven crisis. However, the US and China are rare exceptions. Specialists have already spotted the green shoots of recovery in the two largest global economies.
16:24 2021-04-14 UTC+00
Facebook data breach poses risks of new cyber crimes

Facebook data breach poses risks of new cyber crimes

Experts believe that any data leak affecting global social networking sites such as Facebook carries a number of threats. Although the use of this data is unlikely to cause serious damage to their users, the consequences of such an incident cannot be underestimated.
08:19 2021-04-14 UTC+00
McKinsey: superstar firms to accelerate annual productivity growth after pandemic

McKinsey: superstar firms to accelerate annual productivity growth after pandemic

According to analysts at the McKinsey Global Institute (MGI), the coronavirus pandemic helped most global companies to switch to new business models. This, in turn, pushed the global labor efficiency higher.Global productivity may double if other companies also choose new business models. During the pandemic, most large enterprises fundamentally altered their strategies.
08:18 2021-04-14 UTC+00
Trump calls for boycott of MLB and Coca-Cola

Trump calls for boycott of MLB and Coca-Cola

According to Fox News, former US President Donald Trump urges the US to boycott the major businesses that have condemned the new election reform in Georgia. Among these companies are Major League Baseball and Coca-Cola. In fact, these corporations are headquartered in Georgia.
08:16 2021-04-14 UTC+00
Crypto market cap hits $2 trillion

Crypto market cap hits $2 trillion

In early February, the trading volume of the cryptocurrency market approached what seemed to be the highest value of $1 trillion. This was a difficult mark to reach, but right after that, it was all plain sailing. Amid an ultra-fast rally, the prices of cryptocurrencies surged to fresh all-time highs, thus pushing the value of the entire crypto market higher.
10:44 2021-04-13 UTC+00
Morgan Stanley: Russia’s financial fortress immune to Western sanctions

Morgan Stanley: Russia’s financial fortress immune to Western sanctions

Ruchir Sharma, the head of the emerging markets division and chief global strategist at Morgan Stanley, believes that Russia’s economy is resilient to the US and EU sanctions. The expert is certain that Russia is capable of withstanding the strain of tough economic restrictions. From his viewpoint, the economy of Russia has advanced notably over the past 7 years.
09:54 2021-04-13 UTC+00
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