An Economic Tumble

摘要

India releases its fiscal first-quarter GDP figures on Aug. 31. Economists predict a contraction of about 20%, and the central bank has warned of a severe shock to consumption that will take a long time to recover from. 1. Daimler unveils its new S-Class in Stuttgart, Germany, on Sept. 2. The flagship Mercedes sedan has long been a top seller, but SUVs in the line have become popular in recent years. 2. New York Federal Reserve President and CEO John Williams speaks with the Bretton Woods Committee in a Sept. 2 webinar on the fallout from the pandemic.