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Most economists still don’t think the United States meets the formal definition, which is based on a broader set of indicators, including measures of income, spending and job growth. But they aren’t quite as sure as they were a few weeks ago. The housing market has slowed sharply, income and spending are struggling to keep pace with inflation.
North Korea warns people to brace for virus struggleThe North has claimed a perfect record in keeping out COVID-19, but outside experts have doubted the claim, given its poor health infrastructure and a porous border it shares with China, its economic lifeline.
from News-Econ… Read MoreBJP gains in Rarh Bengal, retains North, fails in tribal, farmer’s belts & coastal areasIt won only nine seats in the undivided Medinipur region where party president Dilip Ghosh and Suvendu Adhikari come from. The TMC won 13 of the 15 seats in Paschim Medinipur where Ghosh contested from, and nine of the 16 in … Read More8 lions in Hyderabad zoo test positive for Covid, 1st such case in IndiaSources told TOI said that on April 29, the Centre for Cellular & Molecular Biology (CCMB) orally told NZP officials that the RT-PCR tests of these lions were positive.
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… Read More‘Course Correction’ call meant to protect Gandhis, feel Congress leadersThe leadership had since systematically side-lined many change seekers and removed many of them from party posts and campaign assignments, especially in this round of assembly elections. These actions, incidentally, came desp… Read MoreJ&K L-G gives Covid incentive to healthcare workers
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