On The Relationship Between Lockdowns and Economic Activity

Lockdowns are necessary to control the spread of Coronavirus. But lockdowns have a huge economic cost. In the short term, lockdowns tend to adversely impact economic growth. However the short-term pain is nothing compared to the long-term economic growth that awaits. In addition, lives are also saved with stringent lockdowns. Countries that have understood this …

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Destinations for European Union Passenger Car Exports

The European Union(EU) is the one of the major exporters of passenger automobiles. In 2019, 5 million cars were exported by the EU worth €124.6 billion according to ACEA. The top market for European cars was the US followed by China and Japan. Destinations for European Union Passenger Car Exports by Unit Volume: Click to …

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Motor Vehicle Production in the EU by Country 2019: Chart

The auto industry is one of the important and major industries not just in the US but also in Europe as well. The European auto industry is recovering slowly this year from the effects of the pandemic. In September, the EU passenger car market registered the first increase of the year with registrations increasing by 3.1% relative …

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The Trump Covid Plan !

The daily US infection count reached another record yesterday with 85,085 cases reported. So far in this pandemic 223,948 Americans have died and the total infection count is over 8.5 million according to NY Times data. But after months of dithering and misery, President’s Trump’s plan to rid the US of this nasty virus has finally been …

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