Round-up of South Korean financial
markets: South Korean shares fell on Wednesday, after gaining for
three consecutive sessions, as investor sentiment sapped. | February 21, 2021
GDP growth in the fourth quarter of 2020 remained surprisingly strong despite a second wave of the coronavirus. Eurozone GDP fell by just -0.7%, while Germany, Belgium and Spain even posted positive growth rates. The smaller drop in GDP compared to the first wave is related to a variety of factors. The rest of the world was more open in the secon
(MENAFN - ING) A decline due to an increase in inactivity
In France, the unemployment rate (as defined by the ILO) fell in the fourth quarter of 2020, reaching 8% after 9.1% in the third quarter. Over one year, and therefore compared to the situation that prevailed before the health crisis, the unemployment rate is almost stable. At the time of the first lockdown, in the second quarter of 2020, the unemployment rate had fallen to 7.1 per cent.
Given the current health context, this decrease in the unemployment rate over one quarter cannot be considered good news. Indeed, the unemployment rate is defined as the share of those actively looking for a job in relation to the active population, i.e. those who are looking for a job and those who have one. However, the health crisis and the lockdowns, including the one in force between 30 October and 15 December, are having the effect of discouraging some of those who wish to look for work or pushing them to refrain from taking the steps
Whanganui news in brief: Tree falls injuring two people, polling day and more
16 Feb, 2021 06:01 PM
2 minutes to read
Whanganui Chronicle
Tree falls injuring two people
Two people received minor injuries when a tree fell on a vehicle on Turakina Valley Rd near Hunterville on Tuesday. Police were alerted to the incident around 9.20am and St John staff attended to two occupants of the vehicle. Police said there were no traffic issues on the relatively quiet road. The incident happened while a strong wind watch was in place.
Power outage
More than 1000 properties in Springvale were without electricity yesterday. The outage occurred around 6.30am, a Powerco spokesperson said. Power was restored for 810 customers by 8.30am but it was a longer wait for the remaining 355 customers. Properties in Hunterville and Marton also suffered power outages yesterday afternoon. There was also a planned outage affecting 121 customers in Brunswick. It was part of scheduled works happening in the a