Growth and stock market gains in the U.S. will be overshadowed by most other regions during 2021, according to Quilvest Wealth Management's Bob Parker.
Israel has charged past the U.S. and New Zealand to emerge as the world's best place to be a woman entrepreneur after Covid-19 shook up the annual rankings.
EU's von der Leyen said European governments should lift coronavirus lockdowns and other social restrictions gradually to avoid a third wave.
Several European countries have announced new curbs on movement and gatherings as infections surge and hospitals and intensive care units fill up.
The latest measures to address the second wave of Covid-19 infections in Europe could lead to higher unemployment, the permanent closure of many businesses and even more national debt. The French statistics office said before news of the latest lockdown that it expects economic activity to settle at "5 percent below its pre-crisis level" during the third quarter. Data from the German statistics office showed that the restaurant industry experienced a more-than 40 percent drop in turnover between March and August compared with the same period a year earlier.
A new variant of the coronavirus, identified as 20A.EU1 by researchers from Switzerland and Spain, was first observed in Spain in June.
The latest lockdowns could lead to higher unemployment, the permanent closure of many businesses and even more national debt.
NBC News' Matt Bradley reports on the resurgence of coronavirus cases in Europe.
In the past three days, France has registered over 139,000 new cases, which is more than the 132,000 cases registered during the two-month lockdown from mid-March to mid-May.
"We are living in an extreme situation ... it is the most serious health crisis in the last century," Spain's prime minister said Sunday.
Europe is seeing a second wave of coronavirus infections. The U.K., France and Spain have seen a sharp rise in cases since late August and early September. Italy and Germany are now seeing numbers starting to pick up dramatically, and have around 449,000 and 398,000 confirmed infections, respectively.
There's no doubt that Europe is seeing a second wave of coronavirus infections, but the surge is not affecting its major economies in the same way, and JP Morgan has a theory why that may be.
Germany's decentralized approach to managing the virus could prove tricky, one expert says.
Ryanair is to cut its planned winter capacity by a third due to a wave of travel restrictions imposed by European governments, the airline said on Thursday.
The International Monetary Fund has called for more support from global governments to reduce the gender gap that has worsened by the coronavirus crisis.
Major European economies are warning of worse growth rates to come on the back of a second wave of coronavirus infections.
Many economists who predicted a rebound in the second half of the year are now questioning those forecasts.
Euro zone businesses took a hit in September as countries grapple with a second wave of coronavirus infections, initial data showed Wednesday.
There can be no doubt now that Europe is facing the much-feared "second wave" of coronavirus. Here's what the region is doing to tackle the surge.
