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World

Global Economic Growth Predicted To Minus 5 Percent, Worst In 80 Years

Chief Economist of PT Bank CIMB Niaga Tbk, Adrian Panggabean, predicted that the global economy will contract by minus 5 percent in 2020. Adrian even said that this contraction was the worst in the last 80 years. In 2021, the global economy will recover (rebound) partially in the range of 3 percent-4 percent. "The projection range of global economic growth is in the range of -5 percent to -4 percent in 2020, the worst in 80 years," said Adrian in his report, Wednesday (14/10/2020). Adrian said that the global economic recovery in 2021 is still marked by high uncertainty. Next year, it seems that there are still sharp business fluctuations. Recovery can be patchy across countries. Especially at this time, the Covid-19 virus still infects more than 140 countries in the world. Hopes for a s...
World

List Of Countries Experiencing Economic Recession During The Covid-19

The Coronavirus pandemic that continues in the world, not only causes a health crisis. To make matters worse, the economies of a number of countries have also been destroyed and are in danger of experiencing a recession. In this time, Britain officially experienced an economic recession during Most recently the Covid-19 pandemic. The news was announced Wednesday (12/8/2020). A recession, according to financial writer David Rodeck, quoted from Forbes (June 15, 2020), is a significant decline in economic activity that lasts for months or even years. A country is said to be in a recession when the economy experiences negative gross domestic product (GDP) for a long period of time. Pandemic Covid-19 Makes Several Countries Into Recession These conditions will increase the number of unem...
World

The Road to Global Economic Recovery After the Covid-19 Pandemic Ends

The impact of the Covid-19 pandemic on the global economy this year is not as bad as initially thought. International institutions are busy revising the global economic projections better, although they are still contracting. However, economic recovery to pre-pandemic levels has yet to go through a long climb and is prone to falls. In the October edition of the World Economic Outlook report released by the IMF on Tuesday (14/10). The projection for the global economy this year is negative 4.4%, better than June's prediction of minus 5.2%. However, it is estimated that the world economy will grow at a slower pace than the previous prediction, which grew by 5.4% to 5.2%. IMF Chief Economist Gita Gopinath explained that this year's economic projection is better than the initial prediction ...
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...
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...
Need a Uber? Send a selfie demonstrating you are wearing a cover
World

Need a Uber? Send a selfie demonstrating you are wearing a cover

Uber is to reveal a selfie include on its application so drivers can confirm a few riders are wearing face veils. It will apply to riders who have recently been accounted for not wearing a veil. The selfie scanner, to be utilized in the US and Canada before the finish of September and different areas from that point onward, will search for a veil like covering over the mouth and nose. As of now, drivers must take a cover selfie every prior day beginning work. On the off chance that the scanner doesn't identify the driver is wearing a veil they are obstructed from utilizing the application to get travelers. Uber presented a "No Veil No Ride" strategy on 18 May and stretched out it inconclusively because of the progressing pandemic, requiring the two drivers and riders to wear a face cove...
World

USA: One killed in clashes erupts in Portland

  One person was shot dead last night in the city of Portland while supporters of President Trump clashed with protesters in Oregon. Images of doctors trying to save a man's life appear to be white. Police have not yet released the whereabouts of the shooter, and have not yet commented on whether the shooting was the result of an altercation in the center of the city.   In recent weeks, the city of Portland has been rocked by protests, with protesters protesting the massacre of black American George Floyd in Minneapolis on Friday, May 25, which has sparked outrage in the country and around the world. President Trump sent troops to the city of Portland on Sunday to say he wanted to end the uprising. So what happened?   In a statement issued Saturd...