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Tag Archives: economic

Asian markets are falling after Wall Street has pulled back due to economic concerns

Asian equity markets followed Wall Street on lower Friday, fearing that the economic recovery may slow as coronavirus cases in the US and some other countries increase. Japan’s Nikkei 225 NIK, -1.05% slipped 0.2% while Hong Kong’s Hang Seng Index HSI, -2.16% slipped 1.1%. The Shanghai Composite SHCOMP, -2.19% fell 1%, while the smaller Shenzhen Composite 399106, -0.66% increased by …

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Trump is reportedly considering a new $ 1 trillion economic stimulus plan to boost the US economy

Getty Images / Olivier Douliery According to Bloomberg, US President Donald Trump is considering introducing a $ 1 trillion infrastructure stimulus plan. Bloomberg said most of the funds were used for road and bridge infrastructure work, and the rest of the funds were used to improve 5G and rural broadband, confidential sources said. Trump has pushed a $ 2 trillion …

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Unemployment claims show further economic strain: live updates

The announcement by the Chinese civil aviation regulator followed Wednesday’s announcement by the Trump administration that it would prevent Chinese passenger airlines from flying to or from the United States from June 16. This move was in response to a similar Chinese government ban on American airlines, which had further exacerbated tensions between the world’s two largest economies. Foreign airlines …

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Syria’s Assad faces economic crisis, Russian tensions and family feuds

But cracks begin to appear in the once united front, presented by loyalists who assisted Assad in his fight against the opposition. A rare outbreak of criticism in the Russian media has drawn attention to its dependence on foreign allies – both Iran and Russia – for its survival. Most importantly, an imploding economy is driving Syrians into poverty to …

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Pence campaigns for Georgia’s economic reopening

Vice President Mike Pence on Friday praised Governor Brian Kemp and the Georgia restaurant owners who have reopened their facilities in the past few weeks and supported heads of state who have been criticized for ending the pandemic restrictions too early. Pence said Georgia is “a role model for the nation” by being among the first and most aggressive to …

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China Lowers 2020 Economic Growth Target: Corona Virus Live Updates | news

With 20,000 deaths and more than 310,000 infections, Brazil is rapidly approaching Russia, becoming the world’s second coronavirus hotspot after the United States. China will not set an annual growth target for 2020 as it tries to rebuild its economy after the corona virus outbreak. US President Donald Trump ordered the nation’s flags at half-mast to honor the victims of …

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