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American unemployment in the private sector increased by 2,369,000 in June, according to the monthly report, released by Automatic Data Processing (ADP) Research Institue on Wednesday.  This reading comes after the decline of 3,065,000 in May. “Small business hiring picked up in the month of June,” said Ahu Yildirmaz, vice …

“Germany’s economy will gradually recover after a historic slump due to the coronavirus pandemic and will likely return to last year’s level at the end of 2021,” economic institute IFO said on Wednesday, according to Reuters. IFO sees GDP contracting by 11.9% in Q2 on a quarterly basis and to …

Eurozone PMI Manufacturing was finalized at 47.4 in June, up from 39.4 in May a report by IHS Markit said. The index was in contraction below 50 for 17 consecutive months. and had fallen to 33.4 in April. The report stated: “Eurozone manufacturing sector continues to contract sharply,” “There was …

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 …