In the second quarter of 2020, Japan’s economy shrank by 7.8% over the previous three months. Such preliminary official data was published by Trading Economics.
It is noted that the fall of GDP was recorded for the third consecutive quarter and became a record, due to the negative impact of the COVID-19 coronavirus pandemic.
At the same time, analysts, forecast in average, a 7.6% drop in GDP in the second quarter.
In annual terms, the Japanese economy in April – June fell by 27.8% with a forecast of a decline of 27.2%. In the first quarter, GDP fell by 2.2%.
Consumer spending in April – June fell by 8.2% in quarterly terms, compared with a decrease of 0.8% in the first quarter. Government spending decreased by 0.3% (previously unchanged).
Exports fell by 18.5% – the fall was the highest since the first quarter of 2009. Imports fell by 0.5%, falling for the third consecutive quarter.
The American oil and gas giant Exxon Mobil had one of the worst years in its history. Exxon shares have fallen by 45.36% since the beginning of 2020. The company has lost money for three quarters in a row, and in August they were excluded from the benchmark index of “blue chips” Dow Jones Industrial […]
Latvian airline AirBaltic will resume flights to Ukraine on December 1 and will start a new flight Vilnius-Kiev to Boryspil airport. The schedule includes departures twice a week on Tuesdays and Saturdays on Airbus A220-300. Flights from Vilnius will depart at 09:00, from Kiev – at 11:15. “Vilnius Airport can be used for transit to […]
Last week, from November 16 to 22, more than 4 million people in the world became infected with the new type of coronavirus, which is a record number since the beginning of the pandemic. This was announced on Tuesday, November 24, the press service of the World Health Organization. According to the WHO, in these […]
If coronavirus vaccines become widely available and help restore international trade and economic growth, the dollar is likely to fall by 20% in 2021. Bloomberg reports that this forecast was made by Citigroup Bank. If the forecast comes true, it will be a record drop since 1985, when the DXY index fell by 18.5% over […]
During the first weekend of weekend quarantine, catering establishments lost 27% of turnover. This is as of Monday, November 16, according to the platform Opendatabot, citing data from Poster, a restaurant automation company. It is noted that during the week the turnover of cafes and restaurants fell by 10% compared to the previous week. In […]
Reuters reported, In Switzerland, the procedure of accelerated testing of Moderna vaccine has started. This will allow to approve the drug if it passes all clinical trials. “Swissmedic can get an initial idea of the benefits and risks of vaccine candidates before the study is completed. This speeds up the review process and at the […]
The World Health Organization expects that by the spring of 2021, the situation in the fight against the coronavirus pandemic could change significantly. The main hope is the invention of vaccine against the disease. This was stated by Adviser to the Director-General of the WHO Bruce Aylward. He noted that by March the situation could […]
Shares of General Motors, down by 3.7% since the beginning of the year, rose by 3.9% in trading after the company announced the results of the 3rd quarter, which ended on September 30. General Motors reported earnings per share increase of 65% to $ 2.83, which was higher than analysts expected $ 1.38. The amount […]
The Teva Ukraine company is the part of the Teva Corporation, the leading international pharmaceutical company specializing in the development, manufacture and marketing of generic and original medicines. The Antimonopoly Committee of Ukraine gave the permission for concerted action in the form of fulfillment of the conditions contained in Articles 9.6 and 9.12 of the […]
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Toyota Motors has introduced two cars Lexus IS and Toyota Mirai with new autonomous driving functions. New Advanced Drive assist technology includes a second-level autonomous system that helps drive the car by restricting the car’s lane, maintaining distance from other vehicles and changing lanes under the supervision of the driver. According to Toyota CEO James […]
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The European Commission has fined X €120 million for violating the transparency requirements set out in the Digital Services Act (DSA), according to the Commission’s press service. The company is accused of using a misleading “blue check” design, maintaining a non-transparent advertising repository, and restricting researchers’ access to public data. According to the Commission, X […]
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In the 9th year AD, the Roman proconsul Publius Quinctilius Varus returned to the German provinces with three legions to suppress the rebellion of the tribe. He did it successfully three years earlier – but this time, the enemy has decided to change strategy, and the legions were destroyed. Last cry of Varus is known […]
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December 23, 2015, the representatives of the largest streaming service in the USA Pandora Media reported that the company absorbed the music service Rdio, which become bankrupt, for $ 75 million. The deal was approved by the judge on the bankruptcy. There were no competing bids for the purchase of service. Pandora now becomes the […]
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The increase of the minimum wage in Ukraine from UAH 5,000 to UAH 6,500 in 2021 may increase the state budget deficit to more than 6% of gross domestic product. This is stated in the economic review of the World Bank. In addition, the increase in the minimum wage will increase the overall need to […]
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U.S. pharmaceutical giant AbbVie has announced the acquisition of biotechnology company Apogee Therapeutics for $10.9 billion, marking the company’s largest acquisition in more than five years. The deal will strengthen AbbVie’s portfolio of treatments for inflammatory diseases, including atopic dermatitis and asthma. The acquisition is one of the largest biotechnology deals of 2026 and reflects […]
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Asian and Pacific Forum of Economic Cooperation (APFEC) of countries has taken place on 19-20thof November 2016 in Lima (Peru).The key political figures who representing different regions of the world will discuss the prospects of a further cooperation within the two-day meeting. It is especially important against the background of presidential elections in America results. It […]
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In the National Council of Ukraine on January 5, 2017 it was a briefing, the participants of which were the chairmen of the regulatory body and in result of which special commissioners of tv chanel got the right to broadcast, according to the source Media Detector. According to Uliana Feshchuk – a deputy head National […]
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If there is a sector in which Ukraine is objectively comparable to the leaders of the world rankings, it is agriculture. According to the «Food» and «Agriculture Organization», Ukraine ranks third in the world by percentage of cropland against the total county’s area. And according to the «National Master»(global statistics portal), Ukraine occupies the 4th […]
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Ukrainian companies have received the first permits to export weapons. This was announced by Rustem Umerov, Secretary of the National Security and Defense Council of Ukraine. He recalled that controlled arms exports are about both national security and the development of Ukraine’s defense industry, opening the door to new security alliances and expanded international partnerships. […]
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As of the end of June, the total amount of Ukraine’s public and publicly guaranteed debt reached $184.84 billion, increasing by $3.88 billion over the month. This was reported by the press service of the Ministry of Finance of Ukraine. As of June 30, 2025, Ukraine’s public and publicly guaranteed debt amounted to UAH 7,696.95 […]
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The world’s largest contract semiconductor manufacturer, TSMC, is making progress on the construction of its new European production complex: the factory in Dresden has officially moved to the main structural building phase. After completing this stage, the company plans to begin installing key infrastructure systems — clean rooms, chemical supply lines, ultra-pure water facilities, and […]
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The Cabinet of Ministers has approved a list of economic activities for which entrepreneurs and employees in the “red” quarantine zones can apply for state aid. This is stated in the resolution №329. The list of types of activities for which sole proprietors and employees can receive eight thousand hryvnias: Retail trade of motor vehicle […]
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Last year, the Commercial Court of Kyiv initiated a suit of the SANOF I company to the State Intellectual Property Service of Ukraine and to the “Kyivmedpreparat”, PJSC about completely voidance of Certificate of Ukraine on sign for the goods and services № 187104. The object of dispute has become a “SONAFІT” trademark registered company […]
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The vast majority of Chinese people are ready to abandon produced by the American company Apple devices in favor of the application for instant messaging WeChat. A sociological survey of more than 1 million people in China noted, that almost all are willing to renounce the use in everyday life of products produced by Apple. […]
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