Majority of consumers won’t return to economic activities for 1 month or longer, survey finds

Dive Brief:

  • Sixty nine percent of consumers are still worried about the pandemic and 46% say they will hold off on normal consumer behaviors because of concerns about their safety or the safety of their loved ones, according to details provided by Kantar about Wave 6 of its COVID-19 Barometer research. The findings are based on interviews with more than 100,000 consumers in more than 60 markets.
  • Sixty percent of consumers don’t expect to re-engage for at least another month and 30-50% don’t expect to go shopping, go to restaurants or bars, travel, or go to the gym or the
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400 years of British economic history have been reduced to crass Marxist caricature

The history of imperialism is taught today as a catalogue of outrages but such a narrow focus is not illuminating. There were too many variants to reach any sweeping conclusion. I learned my version at the feet of the Indian historian Anil Seal at Cambridge, and the story he taught was that the British empire in India took over the existing Mughal administration lock, stock, and barrel, one set of foreigners displacing another.

It rested on alliances with ruling princes. It evolved through many iterations – each starkly different – and the core objective was trade and captive markets, not

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Now is the time for Australia and the UK to re-ignite economic ties

The UK and Australia may stand almost 10,000 miles apart, but when you look at our shared history, traditions, complementary economies, model of government and legal systems, not to mention our Ashes rivalry, metaphorically we stand shoulder to shoulder.

Around a quarter of people in Australia claim British ancestry, and it has long been a favourite destination for UK tourists, with over 700,000 visiting last year. There is also a long tradition of young Australians travelling to the UK to live, work and study. Many young Britons experience the Australian way of life, too, under our working holiday visa scheme.

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Bank of Japan stands pat to assess impact of economic support

TOKYO — The Bank of Japan left its main policy tools unchanged after a two-day board meeting on Tuesday, as the central bank saw the need for more time to assess the impact of its credit easing in response to the coronavirus pandemic.

The credit easing measures introduced in the last three months included purchasing corporate debt and lending money to commercial banks that support small businesses and households.

Both measures are aimed at preventing economic disruptions caused by the pandemic from resulting in job cuts or bankruptcies, as Prime Minister Shinzo Abe has deployed record-shattering fiscal stimulus to undergird

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