{"id":365801,"date":"2020-07-31T11:06:14","date_gmt":"2020-07-31T05:36:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=365801"},"modified":"2020-07-31T12:30:09","modified_gmt":"2020-07-31T07:00:09","slug":"planes-cars-oil-gdp-the-coronavirus-bill-comes-due","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/planes-cars-oil-gdp-the-coronavirus-bill-comes-due\/","title":{"rendered":"Planes, cars, oil, GDP&#8230; the coronavirus bill comes due"},"content":{"rendered":"<p>Massive falls in economic output, huge losses at stalwarts such as the oil majors, plane manufacturers, carmakers &#8212; the world is now paying the bill for the pandemic as growing uncertainty clouds the outlook. <\/p>\n<p>The numbers are brutal. <\/p>\n<p>The United States, the world&#8217;s largest economy, contracted by a nerve-shredding 32.9 percent in the second quarter at an annualised rate. <\/p>\n<p>US jobless claims also continued to rise, pointing to a slowdown in the recovery. <\/p>\n<p>Europe&#8217;s biggest economy, Germany &#8212; said to have done better than most so far &#8212; shrank 10.1 percent in the second quarter compared with the first three months of the year.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Massive falls in economic output, huge losses at stalwarts such as the oil majors, plane manufacturers, carmakers &#8212; the world is now paying the bill for the pandemic as growing uncertainty clouds the outlook. The numbers are brutal. The United States, the world&#8217;s largest economy, contracted by a nerve-shredding 32.9 percent in the second quarter at an annualised rate. US jobless claims also continued to rise, pointing to a slowdown in the recovery. Europe&#8217;s biggest economy, Germany &#8212; said to have done better than most so far &#8212; shrank 10.1 percent in the second quarter compared with the first three [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[146,130,177],"tags":[],"class_list":["post-365801","post","type-post","status-publish","format-standard","hentry","category-deccan-herald-newspapers","category-newspapers","category-oil-gas-deccan-herald-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365801","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=365801"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/365801\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=365801"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=365801"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=365801"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}