Economic Diplomacy Initiative

In this week’s update on COVID-19 and Economic Diplomacy: Eurozone recovery is beginning to slow. China announces its “dual circulation” policy, and major emerging economies struggle to respond to the pandemic.

In this week’s update on COVID-19 and Economic Diplomacy: The eurozone slides into deflation and emerging economies' GDP shrinks significantly. 

In this week’s update on COVID-19 and Economic Diplomacy: The Fed announces changes to its policy framework. The UK exceeded £2 trillion in public debt and GDP is expected to increase; however, labor market weaknesses threaten mass unemployment. The pandemic has only worsened Latin America's economy.

In this week’s update on COVID-19 and Economic Diplomacy: Experts are concerned that the U.S. economy could struggle to recover as states face a $555 billion budget shortfall. EU employment fell a record 2.6% in the second quarter.

In this week’s update on COVID-19 and Economic Diplomacy: The U.S. unemployment rate fell to 10.2% while the UK is in a recession and sheds 750,000 jobs. Africa is vastly undercounting the number of Covid-19 cases throughout the continent. 

In this week’s update on COVID-19 and Economic Diplomacy: U.S. GDP fell 9.5 percent in the second quarter, and Congress has yet to negotiate a relief bill before August recess begins next week. Argentina reaches a deal with creditors while Europe shows signs of economic recovery.

In this week’s update on COVID-19 and Economic Diplomacy: The GOP unveils its pandemic response plan while Europe show signs of slowly recovering from the economic fallout of Covid-19.

A digital currency war between China and the U.S. will not improve the lives of the Chinese or American people, much less the world. Instead, it risks creating two separate payments systems that will only serve to promote further global competition and distrust.

In this week’s update on COVID-19 and Economic Diplomacy: Europe reaches a deal on a recovery fund while the U.S. continues to struggle to devise a budget plan.

In this week’s update on COVID-19 and Economic Diplomacy: China returns to growth while Europe begins negotiations over a recovery fund. The effects of the pandemic are disproportionate based on gender, race, and education with experts arguing to tie unemployment benefits to the unemployment rate.