economic impact

Return of El Niño threatens new levels of economic destruction

The world’s most potent climate phenomenon risks sparking a chain reaction of dangerous weather, food shortages and blackouts that can disrupt supply chains and stoke inflation.

A person goes up an escalator at Terminal 2 of Heathrow Airport, amid the coronavirus disease (COVID-19) outbreak in London, Britain February 14, 2021. REUTERS/Henry Nicholls

Global Economy

Britain's Heathrow sinks to $2.8 billion loss during pandemic

FILE PHOTO: Chancellor of the Exchequer Rishi Sunak leaves Downing Street, following the outbreak of the coronavirus disease (Covid-19), London, Britain, May 4, 2020. REUTERS/John Sibley/File Photo

Global Economy

UK plans to tax firms that profited from pandemic: Sunday Times

Economy

Bigger safety net, investment to mitigate Covid impacts

Mayor Wayne Fournier of Tenino, Washington, displays $25 in wooden money. The city recently revived a Depression-era economic recovery tactic: printing its own local currency on planks of wood. Photographer: Jason Redmons/AFP via Getty Images

Global Economy

Short on money, cities around the world try making their own

A checkpoint was set up in the Chinese city Suifenhe, following suspected Covid-19 imported cases from Russia. Photo: Collected

Global Economy

Undead economies are the price of mini-lockdowns

Banking

Covid-19 limits govt borrowing from savings tools in April

Thoughts