The Spanish Minister of Health, Salvador Illa, on Thursday expressed his concern about the rapid rise in coronavirus cases, while the second wave accelerates in the European country. Key Comments: “Drastic measures are needed as the coronavirus epidemic is not under control in Spain”. “The next 5-6 months will be tough regarding the coronavirus pandemic. […]
Tag: Coronavirus
Germany registers 11,287 new cases, the largest daily wave
Germany confirmed Thursday 11.287 new cases of coronavirus, registering the largest rise in a single day so far, according to the latest statistics published by the Robert Koch Institute (RKI). The total count now stands at 392.049. On Tuesday, the count increased by 7.830. The death toll rose to 30, bringing the total to 9.905. […]
Ireland faces double whammy of Brexit and virus – Financial Times
While warning about Brexit, the European Central Bank (ECB) legislator and Governor of the Central Bank of Ireland, Gabriel Makhlouf, said the base case has changed to assume a UK no agreement with Brussels, as reported by the Financial Times (FT). Makhlouf added that Ireland faces double whammy of Brexit and virus. Market reaction GBP […]
Bestinver warns of the loss of attractiveness of Spain: “Investors have placed us on the periphery”
Bestinver has consolidated its change of course after the incorporation of the  Fidentiis Gestión and it has done so in the midst of a pandemic, a circumstance that has forced it to rethink part of its positions. The Acciona property manager has presented its quarterly letter and its managers have influenced the current impact of the […]
XAU / USD remains stable near six-day highs just below the $ 1,920 level
Gold gains traction for the third day in a row on Wednesday. The selling tone around the USD offers support for gold prices. Concerns about a sharp increase in COVID-19 cases offer additional support. The prices of the oro move with a positive bias during the first half of the European session on Wednesday, hitting […]
The value of world trade will fall between 7% to 9% in 2020 due to the COVID-19 pandemic
According to the latest report published by the United Nations Conference on Trade and Development (UNCTAD), global trade recovered in the third quarter, but the outlook remains uncertain amid the economic disruptions caused by the COVID-19 pandemic. Highlights “The value of world trade is expected to decline between 7% and 9% in 2020 from the […]
The top priority is protecting the greatest number of jobs and businesses
The British Finance Minister, Rishi Sunak, said Wednesday that his top priority is to protect as many jobs and businesses as possible through this global pandemic. coronavirus without precedents. Commenting on public finances, Sunak said that “things would have been much worse.” “The government will take the necessary measures to ensure the long-term health of […]
Lagarde warns that the resurgence of the coronavirus is a ‘clear risk’ for the economic outlook
The unexpected and early rise in coronavirus cases in Europe poses a clear risk to the economic outlooksaid the president of the European Central Bank (ECB), Christine Lagarde, in a pre-recorded interview with the French television network LCI on Tuesday night. Featured statements: “Most scientists in the eurozone expected the resurgence of the epidemic in […]
The S&P 500 remains above 3,450 with the focus on US fiscal stimulus talks.
US stocks open strong gains amid hopes of additional US fiscal stimulus. Recent nervousness over the coronavirus could weigh on optimism and limit the rise. The main US stock indices have opened with strong gains on Tuesday and they have recovered part of the strong setback of the previous day. The hope that US lawmakers […]
The Generalitat will force to reduce up to 50% the rent of premises closed by the measures against the coronavirus
The Generalitat de Catalunya has approved a decree by which it may force the rental of premises affected by the restrictions applied by the coronavirus pandemic to be reduced to 50%. At a telematics press conference, The Presidency Adviser and Govern spokesperson Meritxell Budó explainedthat the decree empowers business owners to negotiate with local […]
