Europe’s economic powerhouse can overcome long-term coronavirus-induced lockdown, Germany’s Finance Minister said Wednesday Olaf Scholz, in an interview with ZDF television. Featured statements: “We can hold out for a long time“. “Probably we have less debt after the pandemic than after the financial crisis of 2008“. “The budget legislators in the German parliament have authorized […]
Tag: Macroeconomy
Sunak announces £ 4.6bn in new grants to cushion the economic blow of the new blockade
In further support for companies to cushion the economic blow of the new blockade imposed to curb the contagion of the coronavirus, the UK Finance Minister, Rishi Sunak has announced a total grant of £ 4.6 billion on Tuesday. Additional comments: “There are unique supplemental grants for retail, hospitality, and business worth £ 9,000 per […]
Japan considers the state of emergency for the Tokyo area as of January 9 for about a month
According to the Japanese media outlet, Kyodo news agency, the country’s government is considering plans to declare a state of emergency for the Tokyo area starting on January 9 for about a month to curb the rapid rise in coronavirus infections. The prefectures in the Tokyo area are asking residents to refrain from non-essential and […]
Germany will extend the blockade beyond January 10
Authorities from Germany’s 16 states agreed, in a conference call over the weekend, extend restrictions, informa Reuters, citando un artículo del Frankfurter Allgemeine Sonntagszeitung. Germany is likely to extend a national blockade beyond January 10 to curb the steady rise in coronavirus cases. Chancellor Angela Merkel and regional leaders are likely to announce the extension […]
The European Commission and the European Council sign the trade agreement that will regulate relations with the United Kingdom as of January 1
Ursula von der Leyen, President of the European Commission, and Charles Michel, President of the European Council, signed a new Trade and Cooperation Agreement with the United Kingdom on Wednesday on behalf of the European Union. The agreement, sealed in Brussels this morning, will regulate relations between the two parties after Brexit. As reported by […]
Trump signs the stimulus plan to combat covid
The still President of the United States, Donald Trump, promised last night on his Twitter account “good news” about the aid plan agreed between Republicans and Democrats days ago, and that he himself has been blocking. Trump, who is spending the Christmas holidays at his residence in Mar-a-Lago, in the state of Florida, tweeted “Good […]
The dollar falls despite objections to Trump stimulus, Brexit and data in the crosshairs
This is what you need to know to trade today Wednesday, December 23: The dollar is on the defensive, ignoring President Donald Trump’s rejection of a crucial part of the stimulus bill as tensions over the tension caused by the covid decrease. Optimism about an imminent Brexit deal and a data-packed day await traders. Is […]
US Senator McConnell Majority Leader Says Significant Progress Is Being Made On COVID-19 Relief Package
Significant progress is being made on the COVID-19 relief packageUS Senate Majority Leader Mitch McConnell said after meeting with key congressional leaders. McConnell added that it remains optimistic that an agreement can be reached soon. Renewed optimism about stimulus has sent S&P 500 futures back into the positive zone, although the rally lacks continuation amid […]
US Republican Minority Leader McCarthy Says COVID-19 Aid Negotiations Moving In The Right Direction
Negotiations on the coronavirus relief aid package they go in the right directionsaid the Republican minority leader in the US House of Representatives, Kevin McCarthy, after his second meeting with key congressional leaders. McCarthy has reiterated that leaders are making progress on covid relief talks. McCarthy has added that “I think it’s going very well“, […]
Conte Says More Restrictions Should Be Adopted During The Holiday Season To Prevent Third Wave Of Covid
Is “More restrictions on ovid needed during the holiday season to avoid a third ‘contagion wave’ that would be devastating“Italian Prime Minister Giuseppe Conte said Tuesday. Additional comments: “Is 10-15 million people need to be vaccinated to have an ‘effective impact on immunity’, this will be achieved before the summer ”. “The government must go […]
