AUS GLOBAL partners with the United Nations to promote Global Sustainable Development
We are honored to share that AUS GLOBAL, as an invited guest of the United Nations forum on Science, Technology and Innovation (UNSTI), successfully completed the important mission of this event on June 20, 2024 at the Palais des Nations in Geneva, Switzerland.The forum brought together dignitaries and renowned business people from around the world to discuss important topics such as global fintech development and environmental protection.
2021 World Economic Outlook
The IMF projects that the global economy will shrink by 4.4% in 2020, followed by a 5.2% rebound in 2021, supporting a V-shaped recovery.
Will Indian Economy Go Short?
According to the latest data of the Reserve Bank of India (RBI), the country's forex reserves have surged $11,938 million to a fresh all-time high of $534,568 million for the week ended July 31.
Fed survey: The poorest Americans are being hit hardest by job loss - Business Insider
"This reversal of economic fortune has caused a level of pain that is hard to capture in words," said Fed Chair Jerome Powell.
US jobless claims preview: Economists expect another week of decline - Business Insider
"If the current rate of decline continues, claims will dip below 1M in the second or—more likely—third week of June," said economist Ian Shepherdson.
Fed Chair Powell says more action may be needed to fend off lasting economic damage - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
Fed Chair Powell says more action may be needed to fend of economic ruin - Business Insider
"While the economic response has been both timely and appropriately large, it may not be the final chapter," Powell said.
Why stock market is higher despite unemployment, coronavirus job loss - Business Insider
Investors think that, even though the unemployment numbers look bad, the US economy has hit bottom already and will get better from here
Economic outlook: Rebound to feel like recession, Bank of America says - Business Insider
The US is in the middle of the second, or transitionary, phase after the initial shutdown. The last stage will be "the most uncertain," the bank said.
6 Fed officials comment on economic rebound, unemployment, stimulus - Business Insider
Several officials agreed that the Fed's relief efforts — while necessary — pose economic risks if they go unchecked and aren't appropriately reversed.
The stock market's recent surge makes sense if you actually look at the US economy - Business Insider
Despite the coronavirus gloom, the US economy has bottomed and some activity measures are starting to rebound
PPP loans more common in states with existing bank relationships: Fed - Business Insider
Virus hotspots including New York, Michigan, and Pennsylvania are receiving fewer PPP loan approvals than less-affected states, the economists wrote.
US consumer debt hit a record $14.3 trillion in the first quarter - Business Insider
"The latest report reflects a time when many of the economic effects of the COVID-19 pandemic were only starting to be felt," said the New York Fed.
Fed chair Powell: Economy may need 'more support' for robust recovery - Business Insider
The Federal Reserve left interest rates untouched and near zero Wednesday amid coronavirus pandemic.
US GDP slumped 4.8% in the first quarter, ending the longest economic expansion on record - Business Insider
The sharp contraction in gross domestic product reflects the swift impact of the coronavirus pandemic on the US economy.
US economic forecast: GDP could plunge 30%, 17% unemployment, says Hassett - Business Insider
Hassett also expects the US unemployment rate, due to be published next month to soar to 16-17%. By comparison, US unemployment was 4.4% in March.
ECB President Lagarde warned of a 15% contraction to the eurozone - Business Insider
Eurozone leaders have already announced a stimulus package of more than 500 billion euros to protect the bloc from the economic fallout of COVID-19.
US weekly jobless claims preview: another week of millions unemployed - Business Insider
There is "probably no single metric you can look at" to better get a broad sense of how the economy is doing than unemployment, said Jason Thomas.
Japan to give all citizens free money for coronavirus economic fallout - Business Insider
Japan's Prime Minister Abe Shinzo intends to hand out about $1,000 in coronavirus aid relief for each citizen.
US jobless claims preview: Economists see record UI beginning to slow - Business Insider
The surge in claims "should push the unemployment rate up to 17% in the April data, a new post-World War II high," wrote Brett Ryan of Deutsche Bank.