Tuesday, September 22We Deliver News To You
Economy and Finance

IMF Was Worried Because the World Economy Is Still Horrible

IMF Chief Economist Gita Gopinath voiced pessimism about the current global economic conditions. His side admitted that he was looking for signs of recovery of the global economy, but it was difficult to find them. "Over the course of the year, it has become increasingly difficult to find these bright spots. There is potential for recovery, and we are still looking for it all over the world, but I have to admit it has become increasingly difficult to find them," Gopinath said as quoted by CNBC. The existence of trade tension that occurs is said to be one of the risks threatening the economy. Global growth has been restrained and is considered fragile . "The developments we have seen lately give us great concern about what will happen to future growth. To note, the trade war between th...
Economy and Finance

Reasons for the US Economy Recovering Fast from the Corona Pandemic

Economy in some states of the United States began to recover after a pandemic struck coronavirus during the last six months. Some of these recoveries include the real estate sector starting to develop rapidly in Maine, the unemployment rate dropping below 5 percent in Nebraska and the working hours of MSME employees that have started to increase in Rhode Island. Back to Normal Index Moody's Analytics Shows the state's economy has returned to working almost 88 percent of its pre-pandemic March conditions.  This rate is the most noteworthy throughout the previous half year. Despite the fact that not yet completely recouped, these states' bounce back are additionally among the most grounded in the United States. So for what reason would they say they are recuperating such a great amount...
World

Australia Explores Involving Mediators Regarding Payment of News Content on Facebook

Australian authorities are capable of engaging mediators to determine payments by social networking service company Facebook or other internet companies such as Google. This is related to the traffic that arises from the news content that users upload there. This plan will occur if Facebook cannot reach an agreement with the local media company on the payment of traffic from this content. However, Facebook management objected to being subject to an unlimited royalty payment scheme. On this matter Facebook management representatives have not commented. At the same time, Google's local management said that it has reached an agreement with many Australian media on content. The chairman of the competition regulator, Rod Sims of the Australian Competition and Consumer Commission (ACCC)...
World

World Economy Criticism by Feminist Organizations

Words of economics does come from the Greek word oikos, which means house, but economists never want to know what really happens inside the house. What has been called work from home around the world since the Covid-19 pandemic is ridicule, humiliation, neglect, humiliation, and even obvious economic injustice against anything women do at home. Caring (humans, plants, animals), caring for people, cooking food, washing things, pleasing people, or basically anything that is done at home, which many women do from waking up in the morning to sleeping again at night, no can be recognized as working. And that is why it is forbidden to get the maximum wage / salary as soon as possible. Of course there is no more ironic or even tragic example than a woman named Margaret Douglas. At the age of ...
World

Survey: 75% Of People Choose Health Instead Of Economy During The Pandemic

The re-tightening of large-scale social restrictions (PSBB) by DKI Jakarta Governor Anies Baswedan reaps pros and cons. Some people think this policy will weaken the starting economy. Others think that the PSBB needs to act as a brake so that the number of Covid-19 transmissions can be contained. Then, what about the public opinion itself? In the “National COVID-19 Survey” conducted by the KedaiKOPI Survey Institute (Indonesian Public Opinion and Discussion Group), it was revealed that the public is more concerned with health issues. This survey was conducted face-to-face with a home visit mechanism on 18 August-6 September 2020, by interviewing 1200 respondents spread across 34 Provinces in Indonesia. Interviews were conducted according to health protocol: wearing masks, maintaining a di...
Economy and Finance

Not the First Time the World Economy is Destroy by the Pandemic

Pandemics that occur in the world have indeed influenced the global economic system and suppressed the economies of all countries. This is because the pandemic forces humans to limit their interactions with others in order to suppress the spread of the virus. Long before the current COVID-19 pandemic, the world economy had also been battered by the Spanish Flu pandemic around 1918. Citing a report compiled by Ally Mintzer on econreview.berkeley.edu, the result of the Spanish Flu at that time also forced world countries to impose restrictions that influencing the consumption pattern of society and the business world so that the wheels of the economy move slowly or even temporarily stop. The incident in 1918 was the worst in the history of the United States (US) because it claimed hundre...
Economy and Finance

No lockdown, Japanese Economy Continues Recession

Japan's economy deepened. The economy contracted again in the second quarter of 2020 by -7.8% on a quarterly basis. Meanwhile, the second-quarter economy was -27.8% year-on-year or yoy. This happened because of the pandemic of the Corona virus that has disrupted the economy. The handling of Corona in Japan was praised by the Indonesian government for failing to achieve a total lockdown in dealing with the pandemic. However, economic activity continued to decline significantly as workers and consumers chose to stay at home. We got a big hit in April and May, but the economy we even reached had bottomed out in May, and in June a pretty big revival, "said Izumi Devalier, the main Japanese economist at Bank of America Merrill Lynch. Times Although the abyss of dein goes recession towards ...
World

Donald Trump vs Joe Biden, Who is better?

The public of the United States will decide on November 3 whether Donald Trump remains in the White House for another four years or will be replaced by Joe Biden. Republican President Trump is being challenged by Democrat Joe Biden, best known as vice president Barack Obama but has been in US politics since the 1970s. Who is superior? Joe Biden has been ahead of Donald Trump in most national polls since the start of 2020,  said the BBC, Thursday. He has been ahead by about 50% in recent months and has lead by 10 points on several occasions. National opinion polls are a good guide to how popular a candidate is across the country as a whole, but they are not necessarily a good way to predict election results. In 2016, for example, Hillary Clinton lead the vote and won nearly t...
World

Trump Admits Intentionally Underestimating the Corona Virus

US President Donald Trump admitted, he deliberately underestimated how serious the threat posed by the corona virus was. The news comes from a preview of Rage's book, which was written by veteran journalist Bob Woodward in an interview on March 19. Based on the book, Trump actually understands that the corona virus is a dangerous disease. It's even more terrible than the flu. "it's a terrible threat. It's even worse than the flu you've been having," he said on February 7. However, in an interview with Woodward, referring to a book that will be published on September 15, he admitted that he deliberately played down his threat. "Until now I have tried to belittle him. Because I don't want to cause panic," said the 74-year-old president. He also revealed how the virus "gets in the air", al...
Uncategorized

DKI Returns Total PSBB, Epidemiologist: Covid-19 Pandemic Needs Preparation and Collaboration with JABODETABEK Areas

DKI Jakarta Governor Anies Baswedan decided to pull the emergency brake applying large-scale social restrictions (PSBB). Thus, the implementation of the transitional PSBB in Jakarta was also revoked and the PSBB was re-implemented on Monday, 14 September. This decision was made taking into account a number of factors such as the availability of almost full hospital beds and high mortality rates. "There are not many options for Jakarta except to pull the emergency brake as soon as possible," Aniaes said in a press conference broadcast on the DKI Jakarta Provincial Government's Youtube channel, Wednesday (9/9/2020). Buffer area preparation and collaboration In response to this decision, Indonesian epidemiologist at Australia's Griffith University Dicky Budiman said the potential for colla...