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  2. 2021–2023 inflation surge - Wikipedia

    en.wikipedia.org/wiki/2021–2023_inflation_surge

    A study published by the Bureau of Labor Statistics, the agency that tracks consumer prices, found that dealer markups accounted for 35% to 62% of new vehicle inflation from 2019 to 2022. Paul Ryan, the CEO of a shopping app that monitors prices across about 40,000 dealerships, remarked, "it was the best of times for car dealers, for sure."

  3. COVID-19 recession - Wikipedia

    en.wikipedia.org/wiki/COVID-19_recession

    The decline is led by a decrease in household spending which typically accounts for 70% of the country's GDP and hesitancy on spending due to COVID-19 community quarantine measures. [ 334 ] In its annual economic performance report released on 28 January 2021, the Philippine Statistics Authority reported that the Philippines' GDP contracted by ...

  4. 2021–2023 global supply chain crisis - Wikipedia

    en.wikipedia.org/wiki/2021–2023_global_supply...

    Global Container Freight Index, July 2019 – August 2022. In 2021, as a consequence of the COVID-19 pandemic and, later, the ongoing 2022 Russian invasion of Ukraine, global supply chains and shipments slowed, causing worldwide shortages and affecting consumer patterns. Causes of the economic slowdown included workers becoming sick with COVID ...

  5. Economic impact of the COVID-19 pandemic - Wikipedia

    en.wikipedia.org/wiki/Economic_impact_of_the...

    The ILO estimates global unemployment to rise between 5.3 million ("low" scenario) and 24.7 million ("high" scenario) from a base level of 188 million in 2019 as a result of COVID-19's impact on global GDP growth. By comparison, global unemployment went up by 22 million during the Great Recession. Women informal workers, migrants, youth and the ...

  6. List of corporate collapses and scandals - Wikipedia

    en.wikipedia.org/wiki/List_of_corporate...

    After 3 years, both banks were put into bankruptcy, a new nationalized bank was created and the assets of the two bankrupt banks and the bank accounts of local account holders were transferred to the new bank and the local depositors were made whole by stealing about $180 million of money belonging foreign depositors, who lost their entire savings.

  7. Great Reset - Wikipedia

    en.wikipedia.org/wiki/Great_Reset

    The Great Reset Initiative is an economic recovery plan drawn up by the World Economic Forum (WEF) in response to the COVID-19 pandemic. [1] The project was launched in June 2020, and a video featuring the then-Prince of Wales Charles was released to mark its launch. [2]

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