August 12, 2020

Virus pushes Britain into record recession, NZealand mulls election delay

London (AFP) – The global coronavirus pandemic pushed Britain into its deepest-ever recession, data showed Wednesday, as New Zealand warned the re-emergence of COVID-19 could delay its upcoming election.The British economy — the world’s seventh in size — contracted by an unprecedented 20.4 percent in the period from April to June, far worse than any of its European neighbours and also well below the so-called Group of Seven richest countries in the world.By comparison, France’s economy contracted by 13.9 percent in the second quarter, Canada 12 percent, Germany 10.1 percent, the United State…


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