Published: Sep 10, 2021
The European Central Bank will slow down the pace of its pandemic bond-buying program in the final three months of 2021, an acknowledgment that the euro areas recovery is strong enough to endure with less support.
Published: Jul 15, 2021
Gold climbed to a four-week high as inflation concerns boosted demand for the metal as a store of value while Federal Reserve Chair Jerome Powell reassured investors on the outlook for stimulus. Copper and most other base metals fell.
Published: Jun 30, 2021
Central banks and governments were quick to buttress the world economy as the Covid-19 pandemic erupted. The bigger challenge will be weaning it off the unprecedented support theyve deployed, according to the Bank for International Settlements.
Published: Jan 25, 2021
President Joe Biden will escalate appeals for Congress to back his top priority, $1.9 trillion in pandemic relief, seeking to overcome Republican opposition to the plan as he enters his first full week in office.
Published: Jan 15, 2021
International Monetary Fund Managing Director Kristalina Georgieva is urging the United States to go big on additional stimulus to aid the economy as the pandemic rages and to ensure low-income workers are not left behind.
Published: Jan 13, 2021
WASHINGTON - President-elect Joe Biden is finalizing his coronavirus relief plan, with aides briefing congressional staffers Tuesday and indicating the measure will be tailored to get bipartisan support.
Published: Jan 12, 2021
President-elect Joe Biden's plan to pass a multitrillion-dollar economic stimulus package early in his administration faces challenges in a closely divided U.S. Senate, with a potential impeachment trial for outgoing President Donald Trump that could add to delays.
Published: Dec 22, 2020
The “Khon La Khrueng” (Let's Go Halves) subsidised shopping scheme is gaining popularity among people, so much so that the government has decided to launch the second phase to meet the demands of more people. From 10 million, the scheme is being expanded to cover 15 million people.