European Union (EU) hardliners are reportedly ready to accept EUR 390 billion in grants on corona virus recovery fund. This comes after the earlier Reuters report that the Frugal Four are ready to accept EUR 390 billion in grants and EUR 360 billion in loans. Austrian Chancellor Sebastian Kurz tweeted out on Monday, the European [...]
Canadian provinces and territories have been gradually reopening. As of today, Canada reported 109000 total cases of COVID 19. Canada's federal government will give the 13 provinces and territories more than C$19 billion ($14 billion) to help pay for the costs of restarting the economy after several months of COVID-19 pandemic lock-downs, the prime minister [...]
As per Official data released on early Thursday, Australia's unemployment rate rose to 7.4% in June to hit the highest level in two decades whereas Market consensus favors Employment Change to recover to +112.5K from -227.7K. The effective rate factors in people working zero hours and those who have dropped out of the labor force [...]
As per the BOJ Outlook of economic activity and prices in July 2020, Japan's economy is likely to improve gradually from the second half of this year with economic activity resuming, but the pace is expected to be moderate as the impact of the novel corona virus (COVID-19) remains worldwide. Thereafter, as the impact subsides [...]
