Italy's service sector ground to a virtual halt in March, reflecting the strict national lockdown imposed by the government to contain the coronavirus outbreak. fell by nearly 35 points in March to 17.4 — an 11-year low — as activity slumped compared to February. A reading above 50 indicates an expansion in activity, while a reading below 50 suggests a contraction.
The services reading indicates an "extremely challenging time for the Italian economy" as it's the lowest number recorded since the global financial crisis, IHS Markit said. Prior to the Covid-19 outbreak, Italy's economy was already wobbling in the fourth quarter of 2019 with its gross domestic productLewis Cooper, an economist at IHS Markit, expects the impact to be felt for a long time as "sentiment with regards to activity over the coming 12 months plummeted to the lowest level on record."
More positively, analysts at Bank of America say the spread of Covid-19 is slowing and lockdowns should be eased from the middle of the second quarter. Relaxing containment measures could allow for improvement in services activity, but BofA analysts still assume that Euro area PMIs will remain below 50 until August, they said in a research note on Friday.
It’s already here. No one needs service activity. We’re all stuck at home.
What if Covfefe meant a lot more than we thought it did.. Cov- Covid FeFe-Originating in Chicago; a slang word that is defined as 'a party'. Generally a ... She a fefe bruh she ain't messing with you unless you got some money. by Tavoy ... CovidParty. Wtf.
เราได้สรุปข่าวนี้มาให้อ่านอย่างรวดเร็ว หากสนใจข่าว สามารถอ่านฉบับเต็มได้ที่นี่ อ่านเพิ่มเติม:
ประเทศไทย ข่าวล่าสุด, ประเทศไทย หัวข้อข่าว
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Business activity collapses across Europe as coronavirus lockdowns spreadBusiness activity has cratered across Europe as attempts to contain the coronavirus pandemic push governments to shut down vast swathes of their economies, from shops to factories to restaurants, surveys showed on Friday. How about the RestOfUs Shut out of our jobs & small businesses, trapped, running out of money Please FIX THE DEAD UNEMPLOYMENT INSURANCE website and PHONE LINE (Yes there is only ONE number to call, not 3 or 30 given emergency). nytimesmetro nypost NYPostOpinion SenSchumer The economic crisis, not the virus itself, will bring to the death of modern Europe. Tough times ahead... Bears are in. A rebound effect for the maltreatment for their body parts in China?
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Hong Kong business activity slumps further in March as virus pummels economyBusiness activity in Hong Kong deteriorated further in March, a private survey showed on Friday, as demand, output and confidence plunged amid the deepening coronavirus pandemic. Theirs speculation that Trump will be invoking the Defense Production Act on DARPA funded iBio to manufacture 500 million vaccines. maybe now the middle class people in Hong Kong can afford to buy a place to live for once All the protesting had probably weakened their economy before this even hit. Just goes to show that you never know what Tomorrow holds in store for you. Just a couple of months ago our economy was blazing, and the markets didn't anticipate this. Learn wisdom from this.
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Coronavirus: UK plans 'immunity passports' so people can leave lockdown - Business InsiderHealth Secretary Matt Hancock said people who could prove their immunity to the coronavirus would be allowed to return to 'normal life.' 瞎整 Ryangifford WHO why not having “international passports” under the WHO coordination vs each country taking a different approach? Best way to get back to normal life and traveling!
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Coronavirus: UK plans 'immunity passports' so Brits can leave lockdown - Business InsiderThe Health Secretary Matt Hancock said people who could prove their immunity to the coronavirus could be allowed to return to 'normal life.' BIUK Madness..I can already now picture the rush to get the test done and....more positives 'We are looking at an immunity certificate,' He added: 'That is something we will be doing and will look at but it is too early in the science… to be able to put clarity around that.' tylercowen Solve for equilibrium, as they say.
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The CMS is now covering 80 new telehealth services for Medicare members - Business InsiderThe Centers for Medicare and Medicaid Services will expand telehealth services to Medicare members, announcing it will now cover over 80 new services.
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