After the Great collapse due to COVID 19 pandemic, the UK manufacturing sector returned to recovery after it began to stabilize last June. IHS Markit’s Purchasing Managers Index (PMI) posted 50.1 compared to 40.7 in May, in line with economists’ expectations. PMIs are given on a scale of 0 to …
Read More »China’s Foreign Ministry: Foreign Countries Should Stop Interfering in Hong Kong’s Domestic Affairs
Responding to criticism from the United States, the United Kingdom, and other countries about the National Security Law of Hong Kong, Chinese Foreign Ministry spokesman Zhao Lijian asked foreign countries to refrain from interfering in Hong Kong’s domestic affairs. Quotes “Foreign countries should look at the situation in Hong Kong …
Read More »Dubai’s Economy Shrank by 3.5% in Q1 Amid Coronavirus Pandemic
The government media office in UAE said in a statement issued on Tuesday that Dubai’s real GDP decreased by 3.5% in Q1 year-on-year as the country was hit by the Covid-19 pandemic, according to Reuters. The government said some sectors such as real estate and finance have maintained their strength …
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