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Japan Central Bank In $279 Bn Loan Boost For Small Firms

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Japan was struggling from the effects of natural disasters and a hike in consumption tax even before the pandemic crippl... Read more

Virus Could Cut Up To 9.7 Percent Off Global Economy: ADB

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Many airlines have either retrenched staff or told their employees to take unpaid leave. Read more

WTO Chief To Step Down Early As Global Economic Crisis Rages

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The Brazilian diplomat, who became the WTO chief in 2013, suggested that an early change of leadership would help it fac... Read more

Nearly 600,000 Australians Lose Jobs As Virus Lockdown Bites

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The Treasury has forecast the unemployment rate will reach 10 percent in the June quarter. Read more

Virus-slammed UK Economy Slumps At Fastest Pace Since 2008

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The nation's second-quarter contraction is meanwhile expected to be far steeper than the first. Read more

Virus Lockdowns Scale Back May Day Rallies

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This year the date carries extra significance after the COVID-19 outbreak sent the global economy into a historic tailsp... Read more

Hopes Rise In Virus Battle As US Scientists Hail Drug Trial

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A clinical trial of the drug remdesivir showed that patients recovered about 30 percent faster than those on a placebo. Read more

Asia Markets Lifted By Hopes Worst Of Virus Has Passed, Oil Falls

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New York Governor Andrew Cuomo said that a first stage of a reopening would start on May 15 if hospitalisations decrease... Read more

Eurozone Economy Suffers 'unprecedented' Collapse

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Employment in Europe plummeted for the second month running. Read more

Asian Markets Rise After Fed Stimulus Boosts Wall St

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The pandemic has now claimed more than 94,000 lives around the world. Read more

Portia Antonia Alexis On Economic Inequality, Social Mobility, And The Future Of Global Wealth Distribution

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Portia Alexis is a 'humanist', and according to her we all are. The pursuit of her history is key to Portia Antonia Alex... Read more

China Slashes Rate, Pumps $7 Bn Into Market To Counter Virus

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The deadly pathogen has claimed almost 40,000 lives worldwide. Read more

IMF Chief: 'Clear We Have Entered Recession'

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The IMF chief said in her press conference on Friday that this recession would be even worse than in 2009. Read more

Trump Signs $2 Trillion Recovery Plan As US Virus Cases Skyrocket

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It triggers the distribution of millions of relief checks of up to $3,400 for an average American family of four. Read more

Massive Risks To World Economy As Virus Battle Rages

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The crash will almost certainly be accompanied by a surge in unemployment, especially in countries with weaker worker ri... Read more