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Business and economy 2025 Balkan retail boycotts Following boycotts in Croatia on January 24, and in conjunction with a follow-up boycott in the country, residents of Bosnia and Herzegovina , Serbia , Montenegro , and North Macedonia start a boycott of retail stores in response to rising prices.
Get breaking Business News and the latest corporate happenings from AOL. From analysts' forecasts to crude oil updates to everything impacting the stock market, it can all be found here.
The COVID-19 recession was a major global economic crisis which has caused both a recession in some nations, and in others a depression. It is currently the worst global economic crisis in history, surpassing the impact of the Great Depression. The economic crisis began due to the economic consequences of the ongoing COVID-19 pandemic.
On 26 March, MTI said it believed that the economy would contract by between 1% and 4% in 2020. This was after the economy shrank some 2.2% in the first quarter of 2020 from the same quarter in 2019. [377] On 26 May, the Singapore economy contracted 0.7%YoY, which was better than the expected contraction of 2.2%.
South Africa restricts gatherings to 50 people for indoor social and religious events and 100 people for outdoor events, and also extends their curfew from 10:00 p.m. to 4:00 a.m. and restrict the sale of alcohol to Monday to Thursday from 10:00 a.m. to 6:00 p.m. amid an increase in the number of COVID-19 cases and hospitalizations.
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"Funflation" is in full force as live events boom amid a turbulent time in the entertainment industry. 'Funflation' is here to stay as live events fuel economy: Bank of America [Video] Skip to ...