Australia took the record for the longest run of uninterrupted Gross Domesitc Product growth in the developed world with the March 2017 financial quarter marking 26 years since the country had a technical recession
“Australia really is a new country where ideas drive things. Compared with Europe, Australia is a meritocracy; if you’ve got a good idea you can really do something with it,” Joseph Skrzynski, co-Chairman of Castle Harlan Australian Mezzanine Partners
Warren Buffett said at Berkshire Hathaway's annual meeting that banks were not his primary concern. Clearly the market situation has changed his mind as he sells stock in US banks Goldman Sachs, Bancorp and JPMorgan Chase & Co.
"Each stamp is a single digital object: its history and uniqueness are guaranteed by Blockchain technology. The stamp can be purchased, collected, or resold exactly like a paper stamp," Automobili Lamborghini said.
“We have delivered solid earnings with robust free cash flow, despite weak energy demand and low oil prices. We remain committed to the safety of our people while delivering on our long-term value -creation strategy for all of our shareholders."
"Investing in bear markets can wear the investor down, which means you need a plan; a robust plan, that will see you through the emotional roller coaster ride of bear market share volatility and place you in good stead for the recovery."
"I think if we are to reach a new normal, in many ways Sweden represents a future model," said Dr Mike Ryan, World Health Organization's Chief of Emergencies
The Bill & Melinda Gates Foundation has contributed about US$300 million to advance work on a potential vaccine to the coronavirus which has killed almost 160,000 people and infected almost 3.7 million people in 187 countries.
Travel bans and nationwide lockdowns have brought global aviation almost to a standstill, forcing airlines to ground planes and place workers on unpaid leave.
Global supply of crude oil has been cut by about 10 million barrels per day whilst global demand has fallen by around 30 million barrels per day. The extent of the problem is that crude oil to be delivered next month has nowhere to be stored