Brief economic corona news from September 16
FHI, Federation of Technology Industries – September 16, 2020
- According to the OECD, the global economy will recover faster than previously thought. This year, the contraction is expected to be 4.5 percent. Previously, a decline of 6 percent was expected, message Nu.nl.
- Unemployment in Spain could rise to 20 percent in the next two years. The tourism sector in particular is under severe pressure, writes Bloomberg.
- British Airways to cut around 10,000 jobs, reports Transport OnlineThe airline previously sent 7,200 people home.
- The Walloon biotechnology company has successfully raised 50 million euros from investors, reports L'EchoOne of them is Bill Gates: the billionaire is investing 15 million euros in the company that produces vaccines against measles and polio, among other things.
- The UK has insufficient testing capacity in its laboratories. The UK wants to increase capacity to half a million tests per day by the end of October, but it is unclear whether this will be achieved, says Sky News.
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