Manage photograph

Manage

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MayorBruno Pozzoni
Weather6°C, Wind S at 8 km/h, 79% Humidity
Postal code7170
Provinces Hainaut
HotelsView hotels
Local timeSunday 17:03
ArrondissementArrondissement of Charleroi
Date of Reg.
Date of Upd.
ID2276729
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About Manage


Manage is a Walloon municipality located in the Belgian province of Hainaut. On January 1, 2006, Manage had a total population of 22,341. The total area is 19. 60 km² which gives a population density of 1,140 inhabitants per km².

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Feb 16,2020 7:23 am

The British economy is expected to ends an incredible amount in the current pandemic-affected quarter in June.

The Forecast comes from the forecasts of More Than a dozen top economists, the respondents were each month from the state Treasury, and contacted by The Bbc .

During the same economists a similar positive rebound after predict that this year, the annual UK-GDP is still reduced significantly.

Although there is no precedent for the shutdown of large parts of the economy, which is calculated to have 14 of The Top economists from The City and the economy how much economic activity is lost.

The estimates have an average of 14%. But they range from JP Morgan ' s calculation that the UK's GDP in the April-June quarter at -7. 5% - a drastic contraction - Capital Economics " forecast of -24% - suggesting that almost a quarter of the total economic activity lost.

half of the forecasts seen by The Bbc between -13% and -15%. Quarterly figures usually move by fractions of a percent.

For the reference, just a couple of weeks before the pandemic on the UK, the average forecast for this quarter was a decrease of only 0. 2%. The official Budget forecast of a month ago, in front of the Coronavirus effects, pencil in the growth of 0. 4%.

The Bbc understands that the analyses, decreases in the Treasury in accordance with the larger end of Z. But The Office of Budget Responsibility (OBR) has Not Yet been prompted to update projections from The Time of the budget a month ago.

An OBR member, Sir Charles Bean , described it as a "not implausible" that so long as the lock feature in the force, economic activity will be reduced " by Somewhere Between a quarter and a third," and that a three-month lockdown "knock, annual GDP would be something like 6-8 percentage points".

last week, the OECD has Said the group of leading economies, that would be an instant hit for the UK economy worth 26% of the economy. But it does not have a time frame.

The Bank of England's new forecasts for its Monetary Policy report, released at the beginning of the next month. Last month, Bank Governor Andrew Bailey Said he could fall, no exact number on the expected GDP, because it depends on how Covid-19 developed. But "every picture we look at, and has a very sharp V on it," He Said .

bosses of the company provides services, such as barbers and hairdressers, say, you have no idea when the cash rolls again

Such movements have no precedent in a quarter. The closest comparison would be, in the strong decline of the economy in the early 1920s, a depression, although the action on three economic quarters. A prolonged fall, as we have seen, is a century ago, what forecasters predict now.

These kinds of numbers expected in the developed world, as most of the Nations pursue the forms of the shutdown control, the spread of The Virus , and the protection of the health systems will be overwhelmed.

The prognosis drops illustrate the difficult Balancing Act for the government in the decision of when and how you have the lock, now not expected until may at the earliest.

they also illustrate the fundamental challenge for Economic Policy , the Treasury and The Bank of England, to Manage , to try to ensure that there is a sharp rebound from these huge, avoiding prolonged damage to the economy.

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uk economy

Source of news: bbc.com

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