Support for the coronavirus ravaged economy of China is being supported by the bank lending in the country with a total lending of 2.85 trillion yuan ($405 billion) in March while the total social financing also touching a record high with the central bank of the country injecting more liquidity...

The consumer prices in the United States dropped significantly in March, the largest drop in the give years, because of coast-to-coast shutdowns of businesses and the stay-at-home orders issued by state governments in order to curtail the spread of the novel coronavirus pandemic   According...

The U.S. farmers are eager to see how the government disburses the fund assigned for agriculture sector in “coronavirus relief bill”. The American President, Donald Trump informed that the agriculture secretary has been instructed to accelerate support towards farmers especially the small farm...

The finance minister of European Union countries finally agreed on a common emergency plan to support economies of the member countries from the economic impact of the coronavirus pandemic.    The total emergency package agreed upon by the EU is worth €500 billion.   "This...

The spread of the novel coronavirus across the United States has suppressed demand for some goods and services which has resulted in the a drop in consumer prices by the largest level in five years in the month of March. The depressed demand had also offset the price increases for some products due...

The US Federal Reserve System (Fed) announced a massive expansion of support for the US economy in the amount of $ 2.3 trillion. The new pack of measures is primarily aimed at maintaining a previously stable small and medium-sized business, the loans of which the regulator promises to buy back from...

Analysts at the Standard & Poor’s rating agency assessed which sectors of the economy might be most prone to corporate defaults due to the COVID-19 coronavirus pandemic. The maximum risks of default are noted in the airline industry, gambling and hotel and entertainment business, the production...

In tandem with the global coronavirus outbreak, misinformation and disinformation are wreaking havoc with efforts from authorities to provide accurate news and guidance. Not only are bad actors profiting from the climate of uncertainty, everyday people are adding to the problem through...

Despite debating throughout the night, finance ministers of the European Union members did not manage to come to an agreement on an economic support package for economies in the EU that have been hit hard by the coronavirus pandemic. The ministers are slated to meet again soon and try and arrive at...