Month: March 2020

It’s official: WHO declares the COVID-19 outbreak a global pandemic | The London Free Press

WHO director general says virus that causes the respiratory illness can still be fought but some countries are struggling
— Read on lfpress.com/news/world/its-official-the-covid-19-outbreak-is-a-global-pandemic/wcm/b95f2edd-e3a0-4fb0-aba1-f8efef5bfbfb

Trudeau Government Pledges Targeted Steps to Help Canada Economy – Bloomberg

Canadian Finance Minister Bill Morneau said he plans a targeted response to the fallout from the coronavirus and plunging oil prices, laying out a cautious approach to any fiscal stimulus plan to boost the economy.
— Read on www.bloomberg.com/news/articles/2020-03-09/trudeau-government-pledges-targeted-steps-to-help-canada-economy

Trump vows ‘major’ steps to aid U.S. economy amid coronavirus rise – Reuters

President Donald Trump on Monday said he will be taking “major” steps to gird the economy against the impact of the spreading coronavirus outbreak and will discuss a payroll tax cut with congressional Republicans on Tuesday.
— Read on www.reuters.com/article/us-health-coronavirus-usa/trump-vows-major-steps-to-aid-u-s-economy-amid-coronavirus-rise-idUSKBN20W1ZV

Investors, analysts see market turmoil and recession as threat to Trump re-election bid – Reuters

With the U.S. markets in turmoil due to coronavirus-driven recession fears and plunging oil prices, investors and analysts on Monday said they were factoring in the possibility that a blackening economic outlook could imperil President Donald Trump’s re-election bid.
— Read on www.reuters.com/article/us-health-coronavirus-trump-economy/investors-analysts-see-market-turmoil-and-recession-as-threat-to-trump-re-election-bid-idUSKBN20W2ZN