Government
USA: ”US President Donald Trump announces that the US will be reopened in phases”
As Covid-19 continues to spread across the US, President Donald Trump has given governors guidance on reopening state economies in the coming months. The guidelines for “Opening up America Again” outline three phases for states to gradually ease their lockdowns. Mr Trump promised governors they would be handling the process..Read More...
USA: ”The US Fed unveils up to $2.3 trillion of additional virus relief for small businesses and local governments”
The Federal Reserve announced on Thursday plans to unleash up to $2.3 trillion in additional economic aid amid the coronavirus lockdown. The central bank will offer up to $600 billion in loans through its Main Street Lending Program to small- and mid-sized businesses hit by the sudden economic halt. Firms..Read More...
Europe: ”Eurogroup presents a support package of € 500 billion”
The Eurogroup has developed a package of measures by videoconference that will be presented to EU leaders. The report proposes three immediate safety nets for workers, companies and Member States. It also paves the way for a recovery fund to give a new impetus to the economy and ensure EU..Read More...