A new $1.1 trillion stimulus package to stimulate the economy battered by the novel coronavirus pandemic was announced by Japan which includes plans for a significant amount to be spent in direct spending. These plans gave been approved by the… Read More ›
There was a 99.7 per cent year on year drop in car manufacturing in Britain in the month of April because of the novel coronavirus related shutdowns. According to the industry body, Society of Motor Manufacturers and Traders (SMMT), the… Read More ›
The largest drop in the investment in the history of global energy is being engineered by the novel coornavirus pandemic. According to the International Energy Agency (IEA), investment in global energy expected to increase by 2 per cent before the… Read More ›
It did not take long for China to strike back against Australia after Australia demanded the constitution of an international investigation into the origins of the coronavirus pandemic. On a Sunday morning television show in late April, support for an… Read More ›
For the first time, the results of a survey showed, France has emerged as the top destination for international investments in Europe. France has beaten Britain and Germany to take the top spot for international investments in Europe. In 2019,… Read More ›
In a statement, the U.S. Trade Representative’s office took a position against a federal court’s decision to reinstate an exception for certain solar panels from import restrictions imposed by President Donald Trump two years ago. On Wednesday, a U.S. Court… Read More ›
According to a report from the Wall Street Journal, the U.S. Department of Justice (DoJ) is closing multiple probes on three U.S. senators over their trades in stock before the coronavirus market turmoil. The three U.S. senators include Democrat Dianne… Read More ›
Saudi Arabia’s state news agency said, Saudi Arabian airlines are scheduled to resume domestic flights on select destinations. The development comes in the wake of the Kingdom easing coronavirus containment measures. In the first phase, 60 flights will resume operations…. Read More ›
The European Commission is set to unveil on Wednesday a plan aimed at enabling an economic recover to the EU zone from the economic impact of the coronavirus. Part of the package includes grants, loans and guarantees which exceed 1… Read More ›
On Tuesday, British Finance Minister Rishi Sunak stated, the government has awarded more than $39 billion (32 billion pounds) in loans and guarantees to businesses to help them cope with the impact of the coronavirus pandemic.
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