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Myanmar s rapidly declining manufacturing industry amid Covid-19 case surges

A lot of manufacturing businesses and factories in Myanmar have closed and are closing with their workers having no chance but to return home, following surges in Covid-19 cases in the third wave. Output, new orders, purchases, employment, and postproduction inventories all fell at quicker rates, with declines that were amongst the quickest in the series history, according to

Josh, give Victorians JobKeeper for the sake of the rest of us!

Is Josh Frydenberg the economic wizard of Oz?

Switzer Daily 15 May 2021 Next week I do an economic and market outlook speech for an advisory group with whom I did my last live speech for 2020 because of something that will be unforgettable the Coronavirus!  Last year their event was held in March before we went into full lockdown. It was done with social distancing rules and we were guessing how bad this was going to be for the economy and the stock market. Always ahead of the curve, the market was selling off and I was expected to come up with my best guess of the futures of the economy and the stock market. So I started off by explaining that although I used to lecture economics at one of the world’s best commerce faculties i.e. at the University of New South Wales, neither as a lecturer nor as a student had I ever been involved in anything you might call Pandemics 101.

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