The pandemic has triggered an economic crisis such as the world has never seen. The economic downturn was followed by an unprecedented rebound. It all happened so fast. It left us with a torrent of numbers and seemingly inextricable questions. Welcome to PCR, a special limited series by The National in which we try to make sense of the numbers and answer important questions on the Post Covid-19 Re... more
Publishes | Daily | Episodes | 8 | Founded | 4 years ago |
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Category | Business |
Digital and online banking have already been steadily rising in recent years, but the pandemic introduced large-scale, full-speed uptake. In some instances, we’ve seen a 200 per cent jump in new mobile banking registrations.
While digitisation was i... more
Nowhere in the world has the unevenness of the economic recovery been more pronounced and acute than across countries in the Middle East and North Africa.
Some Mena countries already struggling with economic problems before the pandemic. Others, inc... more
Higher energy prices and shortages are among the main features of the economic recovery.
The world faces multi-factorial equations where any solution must comply with climate urgency and the need for energy transition, while at the same time avoid e... more
In 1950, around 25 million people took international flights.
By 2019, there were more than 1.5 billion passengers flying to international destinations. Then the pandemic hit.
The travel and tourism industry has been one of the most affected sector... more
The Post Covid-19 Recovery continues to progress whilst inflation is reaching historic levels and consumers are being squeezed by higher prices. The annual rate of inflation in the United States hit 6.2 per cent in October 2021, the highest in more t... more
Fact No 1: no one really predicted the recovery to come with supply disruptions and bottlenecks.
Fact Number 2: there is a consensus that supply-chain disruptions are transitory. But what caused these bottlenecks in the first place? And what happens... more
The pandemic has caused the loss of 255 million full-time jobs, or approximately four times greater than the number lost during the 2009 global financial crisis, according to the International Labour Organisation. That’s equivalent to $3.7 trillion i... more
What happens when the economy shuts down and then reopens almost overnight? Two years ago, this question would have sounded far-fetched. The scenario was simply unthinkable.
Today we are navigating through the complex reality of a light-switch-type ... more
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