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Diane Swonk
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Diane C. Swonk is an American Economic Advisor and Chief Economist at Grant Thornton LLP.
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International :
India's GDP could soar by 20 per cent post lockdown, predicts Goldman Sachs
India's Gross Domestic Product (GDP) could soar by 20 per cent in the third quarter of 2020, according to predictions by Goldman Sachs which have been stated by The Economist in a detailed story on Economic Lockdowns and their implications. ...
Business :
US jobless claims hit 33 million amid COVID-19 fallout
New data showed that more than 33 million Americans have filed for jobless claims as COVID-19 continues to ravage economy, indicating the scope of damage to the labour market, while suggesting the historic wave of layoffs seems to be receding.In the ...
International :
Job prospects for China's fresh graduates bleak as Red Dragon limps back to normalcy
As China limps back to normalcy after COVID-19 outbreak, job prospects in the country seem to be truly bleak especially for the nine million students or so who are due to graduate in June.The Chinese leadership has been fearing that the graduates wil ...
International :
US economy sees biggest slump since 2008 financial crisis
On Wednesday, the Commerce Department said that the US GDP in the first quarter contracted at an annual rate of 4.8 per cent amid the pandemic, the biggest decline in over a decade, Xinhua news agency reported.The decline in first-quarter real GDP wa ...
International :
In COVID-19 lockdown, US reports surge in domestic violence
At a time when violent crimes, including murder, rape and assault, have plummeted owing some form of lockdown across the world to slow the spread of COVID-19, official figures cited by The Economist have shown a sharp rise in domestic violence--a cri ...
National :
Stimulus, repo rate cut needed; as low demand stagnates growth
A combination of stimulus measures along with fiscal discipline is prescribed to reinvigorate India's economy which is ailing with low demand, receding production and stagnant wages. ...
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