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Sweden to investigate coronavirus response

Bloomberg Sweden’s government has initiated a commission to investigate its controversial approach to the Covid-19 pandemic. Sweden has taken a different path compared to most European countries by keeping much of society open and by recommending social distancing and self-isolation rather than imposing a blanket lockdown. That strategy has resulted in a much higher death rate than in neighboring countries, ...

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PM Johnson’s economic task seen in UK’s housing malaise

Bloomberg The scale of Boris Johnson’s challenge to revive the UK economy was laid bare on Wednesday as house prices posted their first annual decline since 2012 and firms reported a record slump in sales. The prime minister has unveiled part of his plan for boosting the UK’s recovery, reconfirming his commitment to long-term investment in some of the country’s ...

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Unemployment in Germany surges

Bloomberg German unemployment surged in June as one of country’s leading economic research institutes warned of a slower-than-expected economic recovery from the coronavirus pandemic. Another sharp gain last month has taken the number of job losses in the second quarter to 678,000 and the total to just below 3 million, a threshold not broken since 2011. Yet more redundancies were ...

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