{"id":1037,"date":"2020-05-14T08:17:12","date_gmt":"2020-05-14T08:17:12","guid":{"rendered":"https:\/\/areabali.com\/?p=1037"},"modified":"2020-05-14T08:18:05","modified_gmt":"2020-05-14T08:18:05","slug":"the-uk-economic-crisis-contracted-5-8-due-to-corona","status":"publish","type":"post","link":"https:\/\/areabali.com\/en\/the-uk-economic-crisis-contracted-5-8-due-to-corona\/news\/","title":{"rendered":"The UK Economic Crisis Contracted 5.8% due to Corona"},"content":{"rendered":"<!--CusAds0-->\n<figure class=\"wp-block-image size-large\"><img data-recalc-dims=\"1\" loading=\"lazy\" decoding=\"async\" width=\"640\" height=\"369\" src=\"https:\/\/i0.wp.com\/areabali.com\/wp-content\/uploads\/2020\/05\/internasional_2018_06_21_173601_big.jpg?resize=640%2C369&#038;ssl=1\" alt=\"\" class=\"wp-image-1038\" srcset=\"https:\/\/i0.wp.com\/areabali.com\/wp-content\/uploads\/2020\/05\/internasional_2018_06_21_173601_big.jpg?w=720&amp;ssl=1 720w, https:\/\/i0.wp.com\/areabali.com\/wp-content\/uploads\/2020\/05\/internasional_2018_06_21_173601_big.jpg?resize=300%2C173&amp;ssl=1 300w\" sizes=\"auto, (max-width: 640px) 100vw, 640px\" \/><\/figure>\n\n\n\n<p>CNBC Indonesia &#8211; Pandemic corona (COVID-19) causes problems for the British economy. Even in March 2020, the kingdom&#8217;s economy contracted -5.8%.<\/p>\n\n\n\n<p>This makes the UK GDP in the first quarter of 2020 contracted -2% from the previous quarter in 2019 (QoQ). This latest data is the worst QoQ decline though better than Reuters economists predicted earlier -2.5%.<\/p><!--CusAds0-->\n\n\n\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/areabali.com\/corona-case-in-russia-reaches-10000-people-per-day-for-4-days\/news\/\">Corona Case in Russia Reaches 10,000 People Per Day for 4 Days<\/a><\/h4>\n\n\n\n<p>The UK also recorded fewer decreases compared to Eurozone GDP, in general. Where in January to March 2020, GDP fell 3.8%.<\/p>\n\n\n\n<p>&#8220;The speed and scale at which the corona hit the British economy is unprecedented,&#8221; said the Head of Economics at the British Chambers of Commerce, Suren Thiru.<\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/areabali.com\/family-questioning-the-rights-of-two-chinese-ship-crew-long-xin-629\/news\/\">Family Questioning the Rights of Two Chinese Ship Crew Long Xin 629<\/a><\/h4>\n\n\n\n<p>&#8220;The decline in Q1 is likely to be followed by further contraction in economic activity in Q2.&#8221;<\/p>\n\n\n\n<p>Last week, the Bank of England said the kingdom&#8217;s economy could head for the sharpest annual decline in more than 300 years. But the economy could experience a 15% increase in 2021.<\/p>\n\n\n\n<p>Corona virus makes Britain lockdown (lockdown). Community activities are also very limited.<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbcindonesia.com\/market\/20200513173305-17-158265\/rekor-ekonomi-inggris-terkontraksi-58-karena-corona\">https:\/\/www.cnbcindonesia.com\/market\/20200513173305-17-158265\/rekor-ekonomi-inggris-terkontraksi-58-karena-corona<\/a><\/p>\n\n\n\n<h4 class=\"wp-block-heading\"><a href=\"https:\/\/areabali.com\/bill-gates-defends-the-chinese-and-american-critics-about-corona\/news\/\">Bill Gates Continues to Criticize America About Corona Virus<\/a><\/h4>\n\n<div style=\"font-size: 0px; height: 0px; line-height: 0px; margin: 0; padding: 0; clear: both;\"><\/div>","protected":false},"excerpt":{"rendered":"<p>CNBC Indonesia &#8211; Pandemic corona (COVID-19) causes problems for the British economy. Even in March 2020, the kingdom&#8217;s economy contracted -5.8%. This makes the UK GDP in the first quarter of 2020 contracted -2% from the previous quarter in 2019 (QoQ). This latest data is the worst QoQ decline though better than Reuters economists predicted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1038,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[62,65],"tags":[108,94,46,7,47,53,82,110,48,55,111,107,51,109,52,54,88,50,64,95],"class_list":["post-1037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-covid-19","category-news","tag-airlines","tag-america","tag-amerika","tag-bali","tag-cases-of-corona","tag-china","tag-coronavirus","tag-economycrisiss","tag-infection","tag-infeksi","tag-inggris","tag-iran","tag-italy","tag-russia","tag-south-korea","tag-tiongkok","tag-trump","tag-virus-wuhan","tag-wabah-bali","tag-who","eq-blocks"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>The UK Economic Crisis Contracted 5.8% due to Corona<\/title>\n<meta name=\"description\" content=\"Pandemic corona (COVID-19) causes problems for the British economy. 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