Recent Statements

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China's largest corporation is in talks to invest US$3 billion into Singapore-based ride-hailing giant Grab, Bloomberg News reported on Monday.

(From Straits Times - Business, on 2020-09-14 20:36)

Cathay Pacific Airways is still burning through as much as HK$2 billion (S$352 million) a month and will continue to do so until the market recovers from the coronavirus crisis, the carrier said yesterday as it reported dismal August traffic figures and reiterated the need to restructure.

(From Straits Times - Business, on 2020-09-14 21:00)

Persistent damage to the global economy from the coronavirus pandemic will hollow out demand for oil more than previously thought, major industry figures said on Monday (UK time).

(From The Age - Latest News, on 2020-09-14 21:23)

The new leader, who has been a loyal supporter of Mr Abe, said his main priorities would be fighting the coronavirus pandemic and turning around Japan’s battered economy.

(From The Independent, on 2020-09-14 17:07)

Moreover, he said, as the local market remains awash in liquidity and Taiwan's economy has been ascending from a low caused by the spread of the virus, "it is not necessary for the central bank to lower interest rates and pump in more funds at the moment."

(From Focus Taiwan, on 2020-09-14 12:32)

With further legislative hurdles to come, analysts said the danger was less a quick defeat than a gradual leaching away of support that could leave Mr. Johnson weakened at a time when his government is battling a resurgence of the coronavirus and the effects of a lockdown-ravaged economy.

(From NY Times - World News, on 2020-09-14 17:43)

The BoE had been due to hold a regular £1.5 billion buy-back of British government bonds on Monday as part of its programme to help the economy cope with the coronavirus shock.

(From The Sun Daily (Malaysia) - Business, on 2020-09-14 16:45)

German economic recovery to continue in H2, Q3 to show strong growth: ministry. Europe’s largest economy is set to continue recovering from the coronavirus crisis in the remainder of 2020 and will likely grow strongly in the third quarter but it probably will not reach its pre-crisis level until 2022, the German Economy Ministry said.

(From News18 - Business, on 2020-09-14 17:45)

The fires consuming the forests of California and Oregon and darkening the skies over San Francisco and Portland are also damaging an economy already struggling with the coronavirus outbreak.

(From News18 - Business, on 2020-09-14 18:27)

It comes as the Government campaigns to get more Britons back to the office in a bid to kick-start city centre economies that have been crippled by the coronavirus pandemic.

(From Evening Standard - Business, on 2020-09-12 13:50)

After a five-month absence, Indian lawmakers returned to Parliament on Monday with the government’s response to the coronavirus pandemic, the nosediving economy and simmering tensions with China setting the stage for a turbulent session.

(From The Globe and Mail - World, on 2020-09-14 12:29)

It includes laying out measures to revive an economy that shrank by nearly 24 per cent in the last quarter, the most of any major country, and trying to stop a virus surge worsened by a weak and underfunded health care system.

(From The Globe and Mail - World, on 2020-09-14 12:29)

The lack of another stimulus bill to bridge the coronavirus slump could also stifle a market rally, the strategists said.

(From Business Insider, on 2020-09-14 17:28)

Prime Minister Benjamin Netanyahu on Sunday announced a new countrywide lockdown will be imposed amid a stubborn surge in coronavirus cases, with schools and parts of the economy expected to shut down in a bid to bring down infection rates.

(From CBSNews.com - Health, on 2020-09-14 16:16)

The damage to the world’s major economies from coronavirus lockdowns has been more than four times more severe than the 2009 global financial crisis, and created an “unprecedented” blow to growth in the second quarter in almost every country except China, where the virus was first detected, the Organization for Economic Cooperation and Development said Monday.

(From NY Times - Business News, on 2020-09-14 16:03)

Statements from 13 September 2020, at 8:18 PM

Canada's government is on track to run up the highest budget deficit since World War Two as it tackles the coronavirus outbreak and Prime Minister Justin Trudeau will on Sep 23 outline major measures to revive the economy.

(From Channel News Asia - Business, on 2020-09-13 18:02)

What was key, and requires the country’s attention, they said, was the revival of the economy post-coronavirus.

(From People Daily Kenya, on 2020-09-13 21:00)

Israeli Prime Minister Benjamin Netanyahu on Sunday announced a new countrywide lockdown will be imposed amid a stubborn surge in coronavirus cases, with schools and parts of the economy expected to shut down in a bid to bring down infection rates.

(From The NY Post, on 2020-09-13 21:26)

Meanwhile, the country's real estate sector is expected to survive the coronavirus fallout without too much harm as instalment collection on previous sales started to pick back up after the economy reopened in June, according to various realtors and financiers.

(From The Daily Star - Business, on 2020-09-13 18:00)

So while the government is pulling some levers it pulled to spur economic activity during the financial crisis — like encouraging infrastructure investment — China&aposs central bank, The People&aposs Bank of China, has said it sees no need for additional emergency stimulus in 2020.

(From Business Insider, on 2020-09-13 12:26)

Israeli Prime Minister Benjamin Netanyahu on Sunday announced a new countrywide lockdown will be imposed amid a stubborn surge in coronavirus cases, with schools and parts of the economy expected to shut down in a bid to bring down infection rates.

(From France24 (English), on 2020-09-13 18:10)

The new measure was approved after cases of COVID-19 spiked in recent weeks, and amid criticism of Israeli Prime Minister Benjamin Netanyahu's handling of the virus and the economy.

(From The Sydney Morning Herald - Latest News, on 2020-09-13 18:57)

As the state recorded another 41 cases of coronavirus and seven further deaths on Sunday, Victorian Premier Daniel Andrews used his daily press conference to announce a $3 billion support package for local businesses.

(From The New Daily, on 2020-09-13 12:00)

Gold prices have jumped 30% this year to roughly US$2,000 (RM8,300) an ounce as central banks dial up stimulus measures in response to the coronavirus pandemic.

(From The Sun Daily (Malaysia) - Business, on 2020-09-13 14:29)

For an overwhelming number of them, the president headed off an even-worse outbreak and is doing all he can against it today; his policies are helping the economy recover, and it can recover even if the virus isn't contained.

(From CBSNews.com - USA, on 2020-09-13 14:30)

Citing the reasons, Srivastava said the sharp slowdown in the Indian economy during the quarter ended June 2020 dented investor sentiments and FPIs preferred to stay on the sidelines also because of weak global cues and rising border tension between India and China.

(From News18 - Business, on 2020-09-13 12:24)

The city received the funds April 23 as part of the state’s $1.25 billion allocation from a $150 billion Coronavirus Relief Fund established in the CARES Act.

(From Honolulu Star-Advertiser, on 2020-09-13 10:05)

Hawaii is at a critical crossroads in reining in the coronavirus that has killed nearly 100 and sickened more than 10,500 statewide, wreaking havoc on the economy and leaving thousands of residents jobless.

(From Honolulu Star-Advertiser, on 2020-09-13 10:05)

She is among at least 21.5 million people in Taiwan who have cash vouchers that can be used to purchase a wide range of goods and services, under a government program to invigorate the economy hit by the coronavirus outbreak.

(From Inquirer Philippines, on 2020-09-13 08:14)

Japan's Chief Cabinet Secretary Yoshihide Suga, who is set to become prime minister this week, said on Sunday there was no limit to the amount of bonds the government can issue to support an economy hit by the coronavirus pandemic.

(From The Daily Star - Headlines, on 2020-09-13 05:55)

“Because … based on the way that we were treated we’re probably entitled to another four after that.” Trump demanded local governments reopen their economies and their schools for in-person learning, even as new cases pop up among students across the country, and promised a coronavirus vaccine would come by year’s end.

(From The NY Post, on 2020-09-13 05:26)

Stocks and currencies from wealthier developing nations are outperforming their poorer peers amid the coronavirus outbreak, magnifying the gap between the "haves" and "have-nots" of the global economy.

(From Straits Times - Business, on 2020-09-12 21:00)

The Coronavirus Disease 2019 (Covid-19) pandemic has brought to light many unforeseen vulnerabilities faced by countless industries and global supply chains, including exposing the wide gap between staying connected to ensure industries and economies continue to function.

(From Borneo Post, on 2020-09-12 16:05)

Under the Coronavirus Aid, Relief, and Economic Security Act, each state receives a minimum $1.25 billion for addressing the impact of the health pandemic.

(From WVU MetroNews - News, on 2020-09-11 13:10)

He said that while daily new cases have come down a bit — the daily average is down 16% from the average two weeks earlier — he said it was still an “extraordinarily unacceptable baseline” when considering the economy is reopening.

(From Market Watch - Breaking News, on 2020-09-11 17:04)

Statements from 8 September 2020, at 11:26 PM

“China’s recovery is undoubtedly impressive, especially when compared to other major economies that remain mired in the pandemic,” Ting Lu, Nomura’s Chief China Economist said.

(From Asia Times, on 2020-09-08 12:47)

Japan's economy sank deeper into its worst post-war contraction in the second quarter as the coronavirus outbreak jolted businesses more than first thought, underscoring the daunting task the new prime minister faces in averting a steeper recession.

(From Straits Times - Business, on 2020-09-08 21:00)

There’s $31 billion for a coronavirus vaccine, $16 billion for virus testing and $15 billion to help child care providers reopen.

(From Honolulu Star-Advertiser, on 2020-09-08 18:45)

Senate Majority Leader Mitch McConnell said Tuesday that the Senate would vote on a "targeted" coronavirus relief package this week, but the legislation does not provide money for a stimulus check.

(From CBSNews.com - Headlines, on 2020-09-08 21:34)

JPMorgan Chase said Tuesday that a number of its employees and customers may have abused the Paycheck Protection Program and other coronavirus stimulus programs.

(From Star Tribune - Politics, on 2020-09-08 21:20)

The Gulf country is seeking to save money while facing a deficit of 14 billion dinars this fiscal year, which began on April 1, amid the twin shock of the oil price crash and coronavirus pandemic.

(From AlArabiya.net MRSS for section Business, on 2020-09-08 11:57)

South Africa’s economy shrank by more than half in the second quarter, an unprecedented decline, as the coronavirus pandemic took its toll on the continent’s most industrialised state, the statistics agency said Tuesday.

(From The Guardian Nigeria, on 2020-09-08 15:51)

The Sturgis motorcycle rally in South Dakota last month was a coronavirus “superpreading event” that cost public health agencies $12.2 billion, according to a new study by the IZA Institute of Labor Economics.

(From The Hill - All News, on 2020-09-08 16:01)

Bullion has risen 26% so far this year, after global central banks flooded markets with extraordinary stimulus to offset the economic damage inflicted by the coronavirus pandemic, as it is considered a hedge against inflation and currency debasement.

(From News18 - Business, on 2020-09-08 15:09)

President Cyril Ramaphosa said this decrease in GDP reflected the severe impact of the global coronavirus pandemic on the economy and should spur all South Africans to do all they can to help rebuild the economy.

(From IOL - Business, on 2020-09-08 15:26)

The Cabinet today (Sept 8) approved measures to create jobs, the prime minister said, as the government tries to revive an economy devastated by the coronavirus pandemic.

(From Phuket News, on 2020-09-08 10:55)

It also indicates the pandemic's limited impact on fundraising efforts for Southeast Asia's most valuable startup – worth US$14 billion, sources have said – even though its business in eight countries has suffered from coronavirus control measures.

(From The Sun Daily (Malaysia) - Business, on 2020-09-08 12:42)

Mr McCormack told this masthead the coronavirus pandemic was changing the case for new work on top of road and rail projects in the major cities as well as the $10 billion inland rail line from Brisbane to Melbourne.

(From The Sydney Morning Herald - Latest News, on 2020-09-08 14:00)

The oil producer, which averted a credit crunch in 2018 with a $10 billion aid package from its wealthy Gulf neighbors, raised $2 billion in May to bolster finances battered by low oil prices and the coronavirus crisis.

(From Arab News - Economy, on 2020-09-08 08:10)

In an interview after the Democratic National Convention, Joe Biden said he would consider shutting down the economy for a second time to prevent further spread of the coronavirus.

(From The Federalist, on 2020-09-08 10:05)

Suga, a favourite to succeed incumbent Prime Minister Shinzo Abe, who is stepping down due to poor health, also stressed that the biggest job for the new prime minister will be to revive the coronavirus-ravaged economy.

(From Malay Mail, on 2020-09-08 08:53)

Helm said: “Economies always evolve, if you look at Scotland there are particular sectors which are vulnerable to fundamental changes which go way beyond the coronavirus.

(From The National - Scotland, on 2020-09-08 08:51)

While he plans to adopt Abe's existing policies in areas from the economy to the coronavirus pandemic response, Suga said fertility treatment support would be one of his campaign promises.

(From Channel News Asia - Asia, on 2020-09-08 07:28)

Statements from 7 September 2020, at 9:09 PM

In the latest update to its 2020-2030 budget outlook, the Congressional Budget Office (CBO) said that it now projects a federal budget deficit of $3.3 trillion in 2020, “more than triple the shortfall recorded in 2019” as a result of the economic disruption caused by the 2020 coronavirus.

(From Strategic Culture Foundation, on 2020-09-07 19:19)

"I was blinded by the virus-driven market swings and lost 4.4 billion yen through repeated short-term trading of stocks, something I haven't familiarised myself with," the flamboyant Mr Maezawa said in his tweet posted on Sunday.

(From Straits Times - Business, on 2020-09-07 21:00)

Despite more than 2 million new cases in the past month and the novel coronavirus spreading through the country’s smaller towns and villages, the Indian government has continued relaxing restrictions to try and resuscitate the economy.

(From Taipei Times, on 2020-09-08 00:00)

During a Monday speech in La Crosse, Wisconsin, Pence talked about jobs, the economy and efforts to manufacture a safe vaccine for the coronavirus.

(From The Federal News Network, on 2020-09-07 21:29)

Global central banks have rolled out massive stimulus and slashed interest rates to near zero to counter the economic damage from the coronavirus, helping gold climb over 28 per cent this year.

(From The Daily Star - Business, on 2020-09-07 18:00)

Many factors would account for this: the degree of vulnerability to the virus; quality of health care; social customs; economic structure; extent of fiscal and monetary stimulus and support; degree of openness to the rest of the world; composition of major trading partners; and the nature and stringency of government-imposed restrictions on economic and social activity.

(From The Spectator Australia, on 2020-09-07 19:00)

India overtook Brazil as the country with the second highest number of confirmed coronavirus cases yesterday, even as key metro train lines re-opened as part of efforts to boost the South Asian nation's battered economy.

(From The Daily Star - Headlines, on 2020-09-07 18:00)

With all this in mind alongside the coronavirus, Brexit and its negative effect on Scotland’s economy, I still don’t understand why The National is publishing Westminster government information in this way, rather than a Scottish Government page of information on its economic input with the coronavirus in mind.

(From The National - Scotland, on 2020-09-07 17:30)

Saudi and Russian leaders have also discussed joint ways to overcome negative consequences of the coronavirus pandemic on the world economy and finances, the statement said.

(From S&P Global Platts - Oil, on 2020-09-07 15:04)

Global central banks have rolled out massive stimulus and slashed interest rates to near zero to counter the economic damage from the coronavirus, helping gold climb over 28% this year.

(From News18 - Business, on 2020-09-07 08:15)

World shares rose slightly on Monday after losing $2.3 trillion in the last two sessions in a technology stocks led rout as investors reassessed soaring valuations when the global economy is in a coronavirus-induced recession while oil prices dropped.

(From News18 - Business, on 2020-09-07 08:36)

The German economy is recovering from the coronavirus shock and will reach its pre-crisis size at the beginning of 2022 at the latest, Finance Minister Olaf Scholz told Reuters on Monday but he added more debt was needed to sustain the achieved progress.

(From News18 - Business, on 2020-09-07 16:03)

“The ever-increasing number cases of coronavirus on campus will create two major disruptions for the city of Tuscaloosa if left unabated,” Maddox said at the time, citing disruptions to the economy and the health care system.

(From The Daily Beast, on 2020-09-07 16:37)

The economy took an immediate hit when the state health officer ordered sweeping business closures during March and April in an effort to slow the spread of the virus so hospitals and medical staff didn’t get overloaded with virus cases.

(From Voice of OC, on 2020-09-07 14:29)

Exports to China contributed $169 billion to our economy in 2019 and will be critical to our recovery after coronavirus.

(From The Sydney Morning Herald - Latest News, on 2020-09-07 14:01)

China is the only major economy forecast to grow in 2020 and West China will be a major part of this growth.

(From The Sydney Morning Herald - Latest News, on 2020-09-07 14:01)

In commodity markets on Monday, world oil prices sank on stubborn concerns over the long-term energy demand outlook, as economies struggle to shake off coronavirus fallout.

(From Malay Mail, on 2020-09-07 11:54)

Statements from 4 September 2020, at 4:35 PM

As the pandemic escalated, Trump and other officials opted to close down much of the economy to keep people home to slow the spread of the deadly coronavirus.

(From Washington Post - Business, on 2020-09-05 14:40)

The coronavirus pandemic has devastated people’s livelihoods across the world, but many are clinging to the hope that the economy will recover.

(From AlArabiya.net MRSS for section Opinion, on 2020-09-05 14:27)

This shows that there are more people either back at work or looking to go back to work as the US economy continues to reopen from virus-related shutdowns earlier in the year.

(From Business Insider, on 2020-09-05 12:15)

Senate Republicans said they hope to vote on a "skinny" coronavirus stimulus package called the Delivering Immediate Relief to America's Families, Schools and Small Businesses Act that week, which includes money for the USPS, along with $300 in weekly unemployment benefits -- similar to an executive action signed by President Donald Trump.

(From CNET, on 2020-09-05 16:16)

Meanwhile, the White House has said House Speaker Nancy Pelosi is "standing in the way" of the stimulus checks and coronavirus relief.

(From The US Sun, on 2020-09-05 01:22)

"PM (Narendra) Modi who promised that we will defeat coronavirus in 21 days must explain why India failed when other countries seem to have succeeded," he said.In another tweet, Chidambaram also hit out at the Ministry of Finance for the state of the economy, saying it does not have "a word of explanation for the unprecedented negative growth in Q1 of 2020-21".

(From News18 - Politics, on 2020-09-05 08:29)

The move comes as Oyo, valued at $10 billion in its most recent fundraising round, has been forced to cut costs and rein in its expansionist strategy in global markets by reducing its hotel footprint and laying off employees after revenues took a hit from the coronavirus pandemic.

(From Gulf News - Business, on 2020-09-05 04:02)

This stance seems shockingly at odds with Abbott's implication that people at the other end of the life cycle who catch the coronavirus should be allowed to pass away because living in "health dictatorship" lockdown is too hard on the economy.

(From The Sydney Morning Herald - National, on 2020-09-05 06:00)

Joe Biden on Friday sought to remind voters that the country's economy remains in shambles for many because of the coronavirus, even as President Trump used better-than-expected August job numbers to claim that he is leading the country out of the worst economic crisis since the Great Depression.

(From Washington Post - Politics, on 2020-09-04 23:46)

The finance ministry on Friday said the country is witnessing a V-shaped economic recovery and attributed the steep 23.9 per cent contraction of the economy in the June quarter to “stringent lockdown” that was put in place to curb spreading of coronavirus infections.

(From News18 - Business, on 2020-09-04 16:07)

The coronavirus outbreak may deal another body blow to the struggling US economy.

(From Wall Street Pit, on 2020-08-22 12:42)

Roy Cooper on Friday signed legislation that doles out $1 billion in federal coronavirus pandemic relief money to the jobless, parents of public school students, poll workers, public health agencies and others.

(From WRAL.com, on 2020-09-04 21:33)

Friday’s report added to evidence that nearly six months after the coronavirus paralyzed the country, the economy is mounting only a fitful recovery.

(From Chicago Tribune - Breaking News, on 2020-09-04 23:28)

Mr. Trump is the wrong tool, and, unless we change that, the coronavirus will continue to ravage our health and economy.

(From Washington Post - Opinions, on 2020-09-04 09:08)

With Iran’s economy sputtering and the coronavirus ravishing the country, in March he proclaimed this the year of “surge in production.” So far, the only surge has been in arbitrary arrests.

(From Washington Post - Opinions, on 2020-09-04 06:25)

Pressure for a vaccine grows as election nears With a persistent polling deficit and a struggling economy, President Donald Trump has cranked up pressure on federal health officials to expedite work on a coronavirus vaccine and treatments.

(From WISH-TV, on 2020-09-04 19:27)

Although Trump hasn’t been able to pin him on the riots and Biden continues to lead in polling on coronavirus, character, and uniting the country, he still isn’t doing especially well on the economy.

(From The New Republic, on 2020-09-04 16:56)

"Broke the 10% level faster and deeper than thought possible." The job growth was in line with most analysts’ expectations, as the economy has shown signs of rebounding from the economic carnage left by closures aimed to stem the spread of the novel coronavirus.

(From Washington Post - Politics, on 2020-09-04 17:40)

The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said.

(From Christian Science Monitor, on 2020-09-04 16:30)

California spent much of the summer paying the price for a rapid reopening of the economy in late May and early June, with a coronavirus surge from mid-June through the weeks after the Fourth of July that led to record deaths and new concerns about the virus spreading among young people and essential workers.

(From LA Times - California, on 2020-09-04 12:00)

Statements from 2 September 2020, at 10:12 PM

If the poorer populations of the globe are left unprotected — and if the virus continues to ravage them — then the richer nations will not be free of the scourge, nor will the global economy rebound to full health.

(From Washington Post - Opinions, on 2020-09-02 08:00)

The federal budget deficit is projected to hit a record $3.3 trillion as huge government expenditures to fight the coronavirus and to prop up the economy have added more than $2 trillion to the federal ledger, the Congressional Budget Office said Wednesday.

(From The Mercury News, on 2020-09-02 23:23)

Other factors behind the surge include optimism about coronavirus therapeutics and vaccines and broad confidence that Washington will eventually reach a deal on fiscal stimulus "although that's getting frustratingly slow," said Art Hogan, chief market strategist at National Securities.

(From Channel News Asia - Business, on 2020-09-02 21:40)

The global economy may shrink by more than 5 per cent this year due to the impact of the ongoing recession brought on by the coronavirus pandemic and countries are using everything from fiscal measures to monetary policies to avoid contraction, create jobs and save lives.

(From The Daily Star - Business, on 2020-09-02 18:00)

President Cyril Ramaphosa announced a R500 billion support package to offset the damage wrought by the virus and direct resources to the country’s health response in April.

(From IOL - Business, on 2020-09-02 16:49)

State coffers in the crude oil-dependent country were slashed following a severe drop in prices, adding to the woes of an economy already struggling with the global coronavirus pandemic.

(From The Globe and Mail - World, on 2020-09-02 14:32)

Biden emphasized that getting coronavirus “under control” is necessary to bring the economy back to full function, and he said operating schools are a critical piece of that.

(From The Globe and Mail - World, on 2020-09-02 16:13)

Biden said that he believed that it is impossible to get the economy back on track unless the coronavirus is mitigated.

(From CBSNews.com - USA, on 2020-09-02 19:09)

“In the ’60s and ’70s people left in much, much greater numbers than anything that’s being talked about right now,” Mayor de Blasio said Wednesday in dismissing a reporter’s question about New Yorkers fleeing the Big Apple from a combination of the coronavirus pandemic, crime wave and cratering economy.

(From The NY Post, on 2020-09-02 18:50)

The government plans new cash handouts and job measures worth about 68.5 billion baht to support an economy battered by the coronavirus pandemic, an official said on Wednesday.

(From Bangkok Post - Business, on 2020-09-02 07:56)

The economy suffered its deepest contraction in over two decades in the second quarter as the pandemic hit tourism and domestic activity, even as the country saw a more modest number of coronavirus cases compared to some of its peers.

(From Bangkok Post - Business, on 2020-09-02 07:56)

As virtually every industry sector of the world economy fights to stay on its feet, and with roughly 185,000 people dead from the COVID-19 illness that comes with coronavirus infection, no one would object to an early-release of a viable vaccine — so long as it's actually safe.

(From Interesting Engineering, on 2020-09-02 17:08)

"Additional economic stimulus is urgently needed," Rep. James Clyburn said in a coronavirus subcommittee hearing on Tuesday.

(From CNET, on 2020-09-02 16:00)

Trump's diverging viewpoints on the coronavirus and China have generated finger-pointing by both Beijing and Washington, and that is further destabilizing a critical relationship between countries with the world's two largest economies and militaries.

(From Belfer Center, on 2020-08-26 00:00)

Trump’s failures to dislodge Maduro and deliver the “new day” of Latin American democracy he once promised ― or to address a novel coronavirus pandemic that has killed at least 10,000 Floridians and cratered the state’s economy ― has left him little choice but to ramp up the rhetoric to even higher volumes, said Frank Mora, a professor of politics and international relations at Florida International University in Miami.

(From Huffington Post, on 2020-09-02 09:45)

People are putting their guard down, experts agree, leaving room for the virus to continue spreading as the country seeks to reopen the economy.

(From ThePrint, on 2020-09-02 15:24)

He also said that a "policy or economic shock" could quickly change an overvalued currency's trajectory, and "that's what seems to be happening" with the US dollar as the coronavirus pandemic keeps the US economy in a tight grip.

(From Deutsche Welle, on 2020-09-02 10:19)

The £2 billion initiative has been designed to help people aged between 16 and 24 into employment following the coronavirus pandemic.

(From The Comet, on 2020-09-02 11:37)

China is the only major economy that has avoided recession, even though it’s where the virus started.

(From The Thaiger, on 2020-09-02 11:07)

Senate Republicans said they hope to vote on a "skinny" coronavirus stimulus package called the Delivering Immediate Relief to America's Families, Schools and Small Businesses Act (PDF) that week, which includes money for the USPS, along with $300 in weekly unemployment benefits -- similar to an executive action signed by President Donald Trump.

(From CNET, on 2020-09-02 14:45)

This policy conflicts with what virtually all health experts recommend, but one that jibes with the view of his new pandemic advisor, Dr. Scott Atlas, who thinks America should adopt the Swedish model of letting the coronavirus run its course and infecting millions of people in order to protect the economy.

(From LA Times - Opinion, on 2020-09-02 10:00)

Australia has fallen into recession for the first time in three decades and Brazil's economy shrank by almost 10% because of the coronavirus, leaving China as the only major nation still recording economic growth during the pandemic.

(From Bangkok Post - World, on 2020-09-02 07:45)

Statements from 1 September 2020, at 9:31 PM

Though Thailand has so far reported only 3,417 coronavirus infections and 58 deaths from Covid-19 and has lifted most restrictions, its economy has been hit badly, in particular tourism.

(From The Sun Daily (Malaysia) - Business, on 2020-09-01 15:46)

Fast forward to 2020, and Abe — now Japan’s longest-serving prime minister — is quitting due to ill health, leaving an economy that is smaller, badly hit by the novel coronavirus pandemic and with more debt than when he returned to power in 2012.

(From Japan Times - Top Stories, on 2020-09-01 12:28)

The government expects the economy will recover to pre-coronavirus levels around the first quarter of 2022, economic revitalization minister Yasutoshi Nishimura said last week.

(From Japan Times - Top Stories, on 2020-09-01 13:09)

Treasury Secretary Steven Mnuchin said Tuesday that a new stimulus package is still needed to help the economy recover from the ravages of the coronavirus, and he committed to calling Speaker Nancy Pelosi (D-Calif.) right away to try to restart talks.

(From Washington Post - Politics, on 2020-09-01 22:14)

US Treasury Secretary Steven Mnuchin on Monday said Republicans will soon unveil a new spending bill to aid the coronavirus-battered economy.

(From Bangkok Post - World, on 2020-09-01 18:45)

"And while it is critical that we remain vigilant as we battle this deadly virus, it is also important that we continue to fight to protect and improve the economy and the health of our small business community and our struggling Maryland families by continuing to push to safely reopen our economy and to get more people safely back to work," Hogan said.

(From WTOP - Local News, on 2020-09-01 21:02)

The economic toll of the novel coronavirus has been devastating, with the United Nations World Tourism Organization estimating at the end of July that the pandemic had already led to US $320 billion in lost revenues by the end of May when compared to 2019, more than triple the cost of the 2008-2009 global economic crisis.

(From CTV News, on 2020-09-01 14:16)

China’s Caixin and IHS Markit survey showed sustained recovery as the world’s second largest economy reported a new order increase for the first time this year, boding well for the labour market.

(From Asia Times, on 2020-09-01 11:27)

So, despite adding two million cases in August, India is opening up more areas of the economy, while ensuring none of them increases overcrowding and risks a further outbreak.

(From Asia Times, on 2020-09-01 13:00)

Having pledged to spend more than 277 trillion won of stimulus to fight the pandemic this year, President Moon Jae-in’s government is trying to navigate the economy through a renewed spike in coronavirus cases threatening to prolong recession into a third quarter.

(From News18 - Business, on 2020-09-01 02:24)

Japanese firms slashed spending on plant and equipment by the most in a decade in the second quarter, the government said on Tuesday, suggesting the economy will take a protracted period to fully rebound from the coronavirus-induced slump.

(From News18 - Business, on 2020-09-01 03:08)

Proponents, mostly council members, real estate associations and construction unions, argue Santa Ana has exceeded its state-set affordable housing goals and that — in a time when the coronavirus pandemic has withered the local economy and slowed development in the city — the ordinance is too burdensome and incentives are now necessary.

(From Voice of OC, on 2020-09-01 13:49)

"The ability to provide tests to parts of the private sector who need to know that people don't have the virus in order to be able to reopen parts of the economy, or just enable things to happen," he said.

(From Sky News - Home, on 2020-09-01 15:29)

To expect the economy to do better with fewer restrictions on the spread of the virus is a dangerous form of virus-denialism that will ultimately kill more people, without benefiting the economy.

(From The Sydney Morning Herald - Latest News, on 2020-09-01 14:04)

Investors accumulated record amounts of cash earlier this year amid concern over the impacts of the coronavirus pandemic on the global economy, with assets in money-market mutual funds soaring to a record $4.8 trillion in late May.

(From Wealth Management, on 2020-09-01 13:30)

Statements from 1 September 2020, at 7:51 AM

The Indian economy posted its worst quarterly contraction between April and June, slumping by almost a quarter as a strict nationwide lockdown to curtail the spread of the coronavirus brought the country to a virtual halt.

(From Deutsche Welle, on 2020-09-01 12:44)

Factories across Europe and Asia continued to shake off the coronavirus gloom in August as the global economy gradually emerges from a downturn triggered by the health crisis, thanks in part to massive fiscal and monetary stimulus programs.

(From The Globe and Mail - Business, on 2020-09-01 11:26)

“With concerns about double-dips increasing and virus cases up across Europe, the PMI – especially on the services side – provides reason to worry about the pace of the recovery and perhaps even a reversal of output growth.” German manufacturers’ recovery from lockdown measures continued last month, but in France activity slipped back into contractionary territory as the second-biggest euro zone economy grappled with hits to business caused by the pandemic.

(From The Globe and Mail - Business, on 2020-09-01 11:26)

China's factories took a hit earlier this year due to coronavirus lockdowns, but recent data suggest China's economy is bouncing back.

(From The Week, on 2020-09-01 11:03)

Still, some Chinese phone-makers are poised to gain market share from Apple and Samsung in the second quarter despite the coronavirus pandemic, which has ravaged the global economy and disrupted supply chains, according to a TrendForce report published in April.

(From CNET, on 2020-09-01 08:00)

No negotiations on another round of coronavirus aid have taken place since early August, when talks collapsed as Congressional Democrats and the Republican Trump administration could not bridge a gap of more than $1 trillion between their proposed relief packages for small businesses, state and local governments, school districts and health care providers.

(From News18 - World News, on 2020-09-01 03:02)

Meadows said on Friday that Trump was willing to sign a $1.3 trillion coronavirus relief bill, up from an initial proposal of $1 trillion.

(From News18 - World News, on 2020-09-01 03:02)

Mr Sunak will have to balance the government's pledges to "build, build, build" and speed up previously announced infrastructure projects, with the fact that the UK economy suffered its biggest slump on record between April and June as coronavirus lockdown measures pushed the country officially into recession.

(From BBC News - Home, on 2020-09-01 07:25)

It put Dh7.3 billion into Dubai's flagship airline, Emirates, since the coronavirus pandemic brought global air travel to a near halt in March.

(From Gulf News - Business, on 2020-09-01 06:20)

The world's third-largest economy is expected to see a modest bounce in the current quarter after a record slump in April-June as new coronavirus cases keep a lid on consumer sentiment and slow the overall recovery.

(From Straits Times - Business, on 2020-09-01 02:40)

Economy Minister Yasutoshi Nishimura last week said he hoped the economy will recover to levels seen before the coronavirus around the first quarter of 2022.

(From Straits Times - Business, on 2020-09-01 02:40)

Statements from 27 July 2020, at 12:21 PM

Those dreams came to a screeching halt with the outbreak of the coronavirus, as countries shut down, economies buckled and global chaos followed.

(From Voice of America, on 2020-07-27 13:24)

Treasury Secretary Steven Mnuchin says the $600 weekly unemployment benefit will not be extended, but reduced substantially; believes it stopped people from looking for work

(From TheGrio, on 2020-07-27 14:37)

The coronavirus (COVID-19) is impacting the global economy and raising fears of a recession.

(From USA Today - Money Top Stories, on 2020-07-27 13:51)

Global policymakers have launched huge fiscal and monetary stimulus measures this year to dull the economic blow caused by coronavirus.

(From Irish Times - Business, on 2020-07-27 14:16)

Investors are also closely watching developments on the GOP's coronavirus stimulus plan, which is set to be introduced Monday.

(From Business Insider, on 2020-07-27 13:45)

"Gold will continue to feed off the extent of the spread of the coronavirus and the disruption it causes to the US and other economies," SP Angel said.

(From S&P Global Platts - Metals, on 2020-07-27 12:17)

The global coronavirus situation has worsened, he said, with cities that initially brought the virus under control - such as Hong Kong and Seoul - suffering repeated outbreaks after easing restrictions and reopening their economies.

(From Straits Times - Politics, on 2020-07-27 13:00)

Earlier this year, digital-asset investors were aflutter over the trillions of dollars of central bank money injections in response to the coronavirus-induced global recession.

(From CoinDesk, on 2020-07-27 11:54)

Japan’s economy minister said on Monday the government would urge businesses to aim for 70 percent telecommuting and enhance other social distancing measures amid a rise in coronavirus cases among workers, some infected during after-work socializing.

(From Arab News - World, on 2020-07-27 06:28)

While the orders numbers have been strong the past two months, economists caution that manufacturing could slump again if the recent surge in virus cases in many parts of the country disrupt efforts to get the economy moving again.

(From Toronto Star, on 2020-07-27 12:53)

If the global economy has to wait for a vaccine against the virus for a year, India's real GDP will contract by 7.5 per cent in FY21, it said, adding that its earlier estimate on the same was for a 5 per cent contraction.

(From News18 - Business, on 2020-07-26 23:04)

Aluminium as a sector has potential to attract fresh investments of over USD 30 billion to meet the expanding aluminium demand of the country and to be a global trade alternative to China," he said.

(From News18 - Business, on 2020-07-27 00:20)

Gold prices have soared to a record high as investors rush to find safe places to park their money as concerns grow about a resurgence in the coronavirus and the impact that could have on the global economy.

(From WISH-TV, on 2020-07-27 10:02)

Pelosi has said that House Democrats would pursue the $3-trillion coronavirus aid bill that they passed in May, which would extend the extra $600 a week in unemployment benefits through the end of 2020.

(From The Globe and Mail - Business, on 2020-07-27 12:08)

Senate aides said the Republican plan also have more help for small businesses, $105-billion for schools, $16-billion for coronavirus testing, and legal protections for business that are reopening.

(From The Globe and Mail - Business, on 2020-07-27 12:08)

A record spike in Tokyo and other cities could mean a second wave, experts fear Japan's economy minister says the government will urge businesses to aim for 70 per cent telecommuting and enhance other social distancing measures amid a rise in coronavirus cases among workers, some infected during after-work socialising.

(From The Independent, on 2020-07-27 10:48)

“The best thing that we can do to set our economy up for success and rebounding from the last few months is making sure our outbreak is in a good place,” said Caitlin Rivers, epidemiologist at the Johns Hopkins Center for Health Security.

(From Washington Post - Politics, on 2020-07-27 10:00)

Mr Felsman noted that China’s economy is “rebounding more quickly than the developed world”, thanks to its success in containing the virus.

(From The New Daily, on 2020-07-27 12:00)

UK stock markets have rebounded sharply from a coronavirus-driven selloff in March as a raft of global stimulus and easing business restrictions fuelled optimism about a swift post-pandemic economic recovery.

(From Malay Mail, on 2020-07-27 08:56)

But with the relentless surge in global coronavirus infections raising the spectre of another round of lockdowns, investors are betting on more government and central bank stimulus to blunt the business damage from the pandemic.

(From Malay Mail, on 2020-07-27 08:56)

Mining stocks outperformed the wider FTSE 100 on Monday as hopes of more US coronavirus stimulus drove up London copper prices.

(From Malay Mail, on 2020-07-27 08:56)

But as the coronavirus has sent economies into lockdown, people accustomed to taking care of relatives at home have lost their paychecks, forcing some to depend on those who have depended on them.

(From NY Times - Business News, on 2020-07-27 11:29)

Bavaria on Monday (Jul 27) called on Germany's federal government to clarify how to quickly make coronavirus testing mandatory at airports to ensure returning holidaymakers do not further drive up case numbers in Europe's largest economy.

(From Channel News Asia - Latest News, on 2020-07-27 09:58)

Speaking during his annual address to the nation and as the country's cases grew to 82,040 and nearly 2,000 deaths, Duterte said a lengthy lockdown that was one of the world's strictest may have hurt the economy but had kept numbers in check.

(From Channel News Asia - Latest News, on 2020-07-27 10:43)

Top aides to President Donald Trump said they agreed in principle with Senate Republicans on a US$1 trillion coronavirus relief package, which will now be negotiated with Democrats.

(From Channel News Asia - Latest News, on 2020-07-27 10:55)

Last month, the Bank of England said it would pump an extra £100bn into the UK economy to help fight the "unprecedented" coronavirus-induced downturn.

(From BBC News - Home, on 2020-07-27 10:52)

A year ago, Britons made up about a fifth of foreign visitors to Spain, meaning the British quarantine could deal a blow to the Mediterranean country’s efforts to jump start its economy after months of lockdown because of the virus.

(From Voice of America, on 2020-07-27 08:16)

Many European nations are seeing an increase in the number of virus cases as governments lift draconian lockdown measures to attempt to reignite their damaged economies.

(From The Sun UK, on 2020-07-27 08:19)

Economies around the world are struggling to reopen following coronavirus lockdowns, and the threat of a large global recession looms.

(From Guardian - Business, on 2020-07-27 09:47)

Japan’s economy is on course to make a recovery, but it is likely to be slow in coming due to the lingering effects of the coronavirus pandemic, a summary of opinions from the Bank of Japan released Monday showed.

(From Japan Times - Top Stories, on 2020-07-27 15:31)

Statements from 30 June 2020, at 12:19 AM

China's factory activity expanded at a stronger pace in June, as the economy continues to recover after the government lifted strict lockdowns and ramped up investment, but export orders remained weak as the global coronavirus crisis shatters demand.

(From The Sun Daily (Malaysia) - Business, on 2020-06-30 02:27)

The Canadian province of Alberta, home to the world’s third-largest oil reserves, said on Monday it will accelerate a corporate tax cut and invest $10 billion in infrastructure projects to jump start an economy badly damaged by the coronavirus pandemic.

(From Financial Post - Top Stories, on 2020-06-29 19:42)

Alberta would also table an economic outlook later this summer that would provide a “frank” look at the province’s finances following the coronavirus-induced shutdown of the economy, Kenney said in an interview.

(From Financial Post - Top Stories, on 2020-06-29 22:48)

In early June, the Internal Revenue Service alerted people about fraud surrounding government stimulus coronavirus payments.

(From Honolulu Star-Advertiser, on 2020-06-30 01:37)

China economy steadied further in June, as slow recovery from coronavirus continued

(From South China Morning Post - China, on 2020-06-30 01:03)

Thai PBS News Govt plans B50bn fund for small firms hit by pandemic The government will seek cabinet approval next week for a 50 billion baht fund to help small businesses affected by the coronavirus outbreak, Somkid Jatusripitak said on Monday.

(From AEC News Today, on 2020-06-30 00:00)

As the number of coronavirus cases continue to rise and some states begin to roll back the reopening of their economies, Pence reassured governors that the federal government is ready to provide assistance.

(From CBSNews.com - USA, on 2020-06-29 22:52)

With the year heading into its second half, investors are weighing up the outlook for commodities and trying to sift winners and losers as the coronavirus pandemic rips through the global economy.

(From The Sydney Morning Herald - Latest News, on 2020-06-29 23:57)

It's the prevailing view that Australia is overly exposed to China for its exports, but it's less common to take the view that China's economy is heavily dependant on steel, and its steel industry is largely beholden to Australia's iron ore miners.

(From The Sydney Morning Herald - Latest News, on 2020-06-29 22:03)

Public health concerns continue to weigh on the economy as coronavirus infections surged last week in several states, promoting some to roll back their reopening timelines.

(From Washington Post - Business, on 2020-06-29 09:13)

Cases are soaring in India and Pakistan, together home to more than 1.5 billion people and where authorities say nationwide lockdowns are no longer an option because of high poverty.

(From The Sydney Morning Herald - World, on 2020-06-29 20:47)

As some states have allowed restaurants to reopen with restrictions as part of the moving back to a more normal economy, cases of coronavirus have risen.

(From S&P Global Platts - Oil, on 2020-06-29 20:20)

Growing cases in of coronavirus and the implications of a weaker global economy have helped to stoke appetite for government debt, keeping yields anchored lower as stocks have rallied on the back of optimism around positive economic data and a barrage of fiscal and monetary stimulus.

(From Market Watch - Top Stories, on 2020-06-29 21:08)

Less than a week after the Government Accountability Office said the Internal Revenue Service cut stimulus checks to 1.1 million dead people, a report Monday from Erin Collins, the National Taxpayer Advocate said the federal tax collector also sent approximately 74,000 checks to people who have locked up by law enforcement.

(From Market Watch - Top Stories, on 2020-06-29 21:12)

Prime minister accused of 'go-it-alone' bravado over EU agency Boris Johnson's "go it alone bravado" on Brexit will make it harder for the UK to rebuild its economy after the coronavirus pandemic, Labour has said.

(From The Independent, on 2020-06-29 16:42)

It is "far too early" to judge the strength of the recovery in the world's largest economy as it reopens after extended coronavirus shutdowns, San Francisco Federal Reserve President Mary Daly told reporters on a conference call on Monday.

(From Channel News Asia - Business, on 2020-06-29 18:10)

A surge in confirmed coronavirus cases and hospitalizations in a number of Sun Belt states has led a number of them to backtrack on measures to reopen their shuttered economies.

(From Channel News Asia - Business, on 2020-06-29 20:40)

Kenya has lost Sh80 billion so far in tourism revenue, about half of last year’s total, due to the coronavirus crisis, Tourism Cabinet Secretary Najib Balala said yesterday.

(From People Daily Kenya, on 2020-06-29 21:00)

Sovereign wealth funds have participated in US$17 billion (RM72.8 billion) of venture capital deals so far this year, already more than the entirety of 2019, as their appetite for long-term investment appears undimmed by the coronavirus outbreak.

(From The Sun Daily (Malaysia) - Business, on 2020-06-29 17:34)

The coronavirus pandemic, which hit the city particularly hard in the months of April and May, has cost the city more than $7 billion, according to Politico.

(From The Hill - All News, on 2020-06-29 20:18)

Still, contracts remain 10.6 per cent below their level in February before businesses were shuttered in a bid to slow the spread of coronavirus, almost grounding the economy to a halt.

(From The Globe and Mail - Business, on 2020-06-29 16:43)

The move comes two weeks after BP said it plans to write off up to $17.5 billion worth of assets after cutting its long-term price assumptions for oil and gas to reflect expectations that the coronavirus pandemic will accelerate a shift away from fossil fuels.

(From S&P Global Platts - Petrochemicals, on 2020-06-29 09:31)

The coronavirus relief funding that passed in Congress (CARES Act) and was signed into law by President Trump has been a step in the right direction, but only scratches the surface considering the devastation this virus has had on our economy.

(From NJ State News, on 2020-06-29 14:43)

Canada is over the worst of the coronavirus outbreak but a spike in cases in the United States and elsewhere shows Canadians must remain vigilant as the economy reopens, Prime Minister Justin Trudeau said on Monday.

(From News18 - World News, on 2020-06-29 05:20)

Egypt has put on hold its plans to offer stakes in state-run companies due to "unfavorable" market conditions created by the coronavirus pandemic, dealing a setback to the country's programme to strengthen the economy.

(From Gulf News - Business, on 2020-06-29 13:01)

Basuki said the agency had procured land worth a total of Rp 4.38 trillion from March 16 to June 24 – during the coronavirus pandemic.

(From The Jakarta Post, on 2020-06-29 11:02)

The ‘Global Goal: Unite for our Future' pledging summit organised by the European Commission and Global Citizen on 27 June mobilised €6.15 billion in additional funding to help develop and ensure equitable access to coronavirus vaccines, tests and treatments.

(From European Union External Action, on 2020-06-29 17:26)

Statements from 23 June 2020, at 4:24 PM

For the month so far, prices trade higher on signs that global economies are reviving after many businesses were shutdown around the world for a couple of months to combat the spread of the coronavirus pandemic.

(From Market Watch - Top Stories, on 2020-06-23 19:11)

The goal of the second stimulus check would be the same as the first: to help individuals and businesses affected by the coronavirus outbreak.

(From CNET, on 2020-06-23 17:30)

Conflicting talk from Trump administration officials about 'decoupling' the US economy from China is running into challenging reality: Chinese imports of US goods are rising, investment by American companies into China continues, and markets are wary of separating the world's biggest economies.

(From News18 - World News, on 2020-06-23 06:08)

US companies had announced $2.3 billion in new direct investment projects in the first quarter of 2020, only slightly down from last year's quarterly average despite the coronavirus, the Rhodium Group said in a recent study.

(From News18 - World News, on 2020-06-23 06:08)

While Trump has argued the temporary freeze was aimed at helping US workers facing high unemployment during the coronavirus pandemic, critics said the move would backfire and hurt one of the key segments of the American economy.

(From Channel News Asia - Latest News, on 2020-06-23 16:58)

"As communities across the country ease social distancing guidance and reopen their economies, it is critically important that both the administration and Congress remain focused on containing the spread of the coronavirus and providing the resources and support Americans need during this time of crisis."

(From Voice of America, on 2020-06-23 14:51)

The new data is a far cry from what analysts expect to be the ultimate fallout from the coronavirus which has infected more than 100,000 people in Africa's most developed economy.

(From Rappler, on 2020-06-23 13:57)

Cases across the densely populated region – home to almost a quarter of the world's population – have risen in recent weeks even as the region lifts its lockdown to revive economies badly shattered by the virus.

(From Rappler, on 2020-06-23 14:02)

The Morrison government has faced criticism from some foreign policy experts and the opposition for publicly pushing for a global independent review into the handling of the coronavirus, which angered Beijing and was followed with China hitting Australia with two trade strikes in early May on $1 billion worth of beef and barley.

(From The Age - Latest News, on 2020-06-23 14:00)

Instead, the local administration has shifted its focus to reopening a number of sectors to keep the economy afloat, insisting that the latest numbers reflected a “downward trend” in the number of coronavirus cases recorded in the region.

(From The Jakarta Post, on 2020-06-23 12:59)

“The pre-pandemic global economy was built on a single supply chain, with China at its core,” said Turkish Vice-President Fuat Oktay in May.

(From Asia Times, on 2020-06-23 07:22)

India has been recording about 15,000 new infections each day, and some states Tuesday were considering fresh lockdown measures to try to halt the spread of the virus among the country's 1.3 billion people.

(From Chicago Tribune - World, on 2020-06-23 13:11)

President Cyril Ramaphosa on Tuesday said South Africa’s investment in infrastructure has been declining, way before the coronavirus pandemic, and the country now needs to urgently up its investment in infrastructure if the struggling economy is to recover post the Covid-19 pandemic.

(From IOL - News, on 2020-06-23 12:27)

The UK economy contracted by one fifth in April amid a nationwide lockdown imposed on March 23 to try and halt the spread of the coronavirus outbreak.

(From Malay Mail, on 2020-06-23 11:56)

A panel of economists that advise the German government said today Europe’s top economy will likely shrink 6.5 per cent this year but that the post-coronavirus recovery will begin “from the summer”.

(From Malay Mail, on 2020-06-23 11:56)

Trump confirmed that there would be a second wave of coronavirus stimulus checks, but here's why you might not receive any of the "generous" funding.

(From The US Sun, on 2020-06-23 12:54)

European stocks advanced on Tuesday, getting a lift on hopes the economy will continue to recover without a spate of new virus cases throwing lockdown-easing measures off course.

(From Market Watch - Top Stories, on 2020-06-23 13:00)

EU and EuroCham see country as gateway to enhancing Southeast Asia links Europe has joined the growing number of economies urging Vietnam to resume international flights, as the country appears virtually free of the coronavirus and represents a strong investment destination for those seeking diverse supply chains.

(From Vietnam Insider, on 2020-06-23 10:33)

Prime Minister Boris Johnson said on Tuesday pubs, restaurants and hotels could reopen in England early next month when the social distancing rule is relaxed, easing the coronavirus lockdown that has all but shut the economy.

(From News18 - World News, on 2020-06-23 00:55)

The California tradition of summer fun — barbecues, garden parties, group excursions to beaches and mountains — is colliding with the state’s desperate efforts to prevent new surges of coronavirus cases as the economy opens up and people begin freeing themselves from months of stay-at-home rules.

(From LA Times - California, on 2020-06-23 12:00)

As of June 16, Latinx North Carolinians made up 42% of all coronavirus cases in the state, and the vast majority of Latinx workers who get sick do not have access to paid time off or federal stimulus funds.

(From WRAL.com, on 2020-06-23 12:27)

City Lodge tanked more than 15 percent on the JSE yesterday after the hotel chain group announced that it planned to raise R1.2 billion through a rights offer to deal with the coronavirus pandemic that has disrupted its operations since March.

(From IOL - Business, on 2020-06-23 10:00)

The harsh effects of the novel Coronavirus will also hit Kosovo’s economy – with the country’s GDP now expected to contract by 4.5 percent in 2020, a reversal of the pre-pandemic projections of 4 percent growth.

(From World Bank Blogs, on 2020-06-22 13:31)

— CNA Indonesia warns unemployment to spike due to pandemic Indonesia’s unemployment rate could hit the highest in more than a decade this year due to the coronavirus pandemic, with Southeast Asia’s largest economy set to contract more than previously expected in the second quarter, ministers said.

(From AEC News Today, on 2020-06-23 00:06)

The soft underbelly in China's steel revival following the coronavirus outbreak is about to be thrown into stark relief by a seasonal downturn at building sites, analysts say, and points to a more protracted recovery for the world's second-largest economy from a once-in-a-century pandemic.

(From The Daily Star - Business, on 2020-06-22 18:00)

Nanjing, the capital of China eastern Jiangsu province, is one of the first cities in China to leverage blockchain technology and issue so-called “consumption vouchers” on the blockchain as a kind of crypto-driven stimulus package, according to a local news report on June 23.

(From Cointelegraph, on 2020-06-22 22:07)

Stimulus checks and expanded unemployment payments could help keep America’s poverty rate around where it was before the coronavirus outbreak — as long as enough people can access the money.

(From Market Watch - Top Stories, on 2020-06-23 10:02)

The government is trying to broker a 9 billion euro (US$10.16 billion) bailout for Germany's flagship carrier, which has been hit hard by a coronavirus-induced travel slump.

(From Channel News Asia - Business, on 2020-06-23 08:22)

Volkswagen expects a V-shaped recovery lasting into 2022, its sales chief said on Tuesday, as businesses try to work out how quickly they will rebound from the coronavirus pandemic which shut large parts of the economy around the world for months.

(From Channel News Asia - Business, on 2020-06-23 09:00)

The Prime Minister said that after the election, the new government can focus on the national agenda – which include handling the coronavirus pandemic, the economy and jobs – and the difficult decisions it will have to make and to carry.

(From Straits Times - Politics, on 2020-06-23 08:12)

Statements from 20 June 2020, at 9:33 PM

China-US trade tensions have already done serious harm to many Asian economies and while India-China trade is not on the same scale, it is significant and if it stalls there will once again be consequences for economies in South-east Asia.

(From Malay Mail, on 2020-06-20 23:02)

President Tayyip Erdogan said on Saturday Turkey had lost some ground in its battle with the coronavirus but a focus on hygiene, masks and physical distancing will protect people and help the economy rebound in the second half of the year.

(From The Globe and Mail - World, on 2020-06-20 22:04)

Stock markets have been volatile over the last couple of weeks amid fresh fears for the global economy and concerns over a second wave of virus cases.

(From This is Money UK, on 2020-06-20 21:32)

The coronavirus pandemic roiling the global economy has sparked fears for the emerging off-grid clean energy businesses serving poorer customers from Africa to Asia - but in northern Kenya's Kalobeyei refugee settlement, the lights are staying on.

(From The Daily Star - Business, on 2020-06-20 18:00)

It's also unknown how the US economy will react to a spike in coronavirus infections, with US cases soaring in some states as they reopen.

(From CNET, on 2020-06-20 14:36)

Japanese media reports have estimated market valuation to reach US$32 billion in an IPO as early as October, although the coronavirus outbreak has created uncertainty over the timing and valuation of the IPO.

(From Channel News Asia - Latest News, on 2020-06-20 17:16)

It is under unprecedented international scrutiny amid its strained relationship with the United States and industrialized nations, he said, and this added to its woes, as China’s economy has been hard hit by the coronavirus crisis.

(From Voice of America, on 2020-06-20 15:45)

The coronavirus outbreak in China has seen as surge in online shopping, with nearly 4.7 billion packages delivered by postal and courier companies during a mid-year shopping spree, up more than 48% from last year, according to the post office.

(From TIME, on 2020-06-20 14:33)

Mr Trump this week ruled out the possibility of another shut down of the economy, even as some states began reporting record coronavirus hospitalisations as they’ve started to ease restrictions, saying in a Fox News interview: “We won’t be closing the country again.” Experts and former senior Trump officials said the administration should be preparing for outbreaks to get worse later this year.

(From The Independent, on 2020-06-20 11:14)

A mix of social, demographic and epidemiological factors has kept unemployment down even as the coronavirus has damaged the country’s already weakened economy.

(From NY Times - Business News, on 2020-06-20 12:40)

Africa owes China approximately $145 billion, making China its biggest creditor.

(From Brookings, on 2020-06-20 11:30)

“Despite the encouraging bounce in several sectors of our economy over the past month and a half, our economic future beyond the next few weeks will still largely be determined by the course of the coronavirus,” said Scott Anderson, chief economist of Bank of the West.

(From Market Watch - Top Stories, on 2020-06-20 14:09)

The global consulting firm McKinsey, which has been tapped by the Department of Health and Human Services to help manage and audit billions of dollars in coronavirus relief for hospitals, has worked for at least ten hospitals and chains that have received federal recovery funds, according to tax records and other public disclosures.

(From Politico - Health Care, on 2020-06-20 11:00)

After the first 47 recommendations were released, Politico reported, “A blueprint released by The Heritage Foundation’s National Coronavirus Recovery Commission caught the attention of White House aides with its 47 suggestions for reopening the economy.” Commissioners and Heritage Foundation experts also appeared on dozens of radio and cable news interviews to emphasize the importance of saving both lives and livelihoods—and striking the right balance between public health and the economy.

(From Heritage Foundation, on 2020-06-20 13:25)

As much as the lockdown is being blamed for crippling the economy, Cody said, businesses still would be devastated if the virus went unchecked and people afraid of getting sick stayed home.

(From The Mercury News, on 2020-06-20 14:00)

The vast majority of the Irish economy and society will reopen at the end of month as the country prepares to almost fully exit the lockdown imposed following the spread of the coronavirus.

(From Irish Times - Top Stories, on 2020-06-20 12:36)

After months of warning people to stay home to slow the spread of the deadly coronavirus, California officials have coalesced around a softer approach aimed at allowing the economy to bounce back while also trying to prevent new infections.

(From LA Times - California, on 2020-06-20 12:00)

Johnson, who says his government has followed scientific advice in its handling of the pandemic, has to balance the need to revive the economy after its 20 per cent collapse in April without allowing a resurgence in coronavirus cases.

(From Channel News Asia - World, on 2020-06-20 09:53)

He added that Malaysia’s widely credited steps to contain the coronavirus should allow the economy to recover more quickly than those of other countries in the region but said Malaysia is probably heading toward a recession.

(From Voice of America, on 2020-06-20 07:53)

Japan also lifted all coronavirus-related curbs on domestic travel yesterday, with Prime Minister Shinzo Abe calling on people to go sightseeing or attend events to help the nation's economy bounce back.

(From Straits Times - Business, on 2020-06-19 21:00)

Newsrooms around the country, regardless of size or medium, have been hit by layoffs, furloughs and closures due to the coronavirus’ impact on the economy.

(From Poynter, on 2020-06-19 20:00)

The goal of the second stimulus check would be the same as the first: to help individuals and businesses affected by the coronavirus outbreak.

(From CNET, on 2020-06-20 05:00)

That figure includes a $4-billion contingency fund that Eric Girard said will help the province survive a second wave of the novel coronavirus.

(From The Globe and Mail - Canada, on 2020-06-19 15:16)

Statements from 18 June 2020, at 8:51 PM

The world’s two largest economies have been at loggerheads over the handling of the coronavirus pandemic and China’s move to impose security legislation on Hong Kong, among multiple points of friction that have worsened this year.

(From The New Daily, on 2020-06-19 00:08)

“People don’t want me in their house for fear of me bringing the virus.” Lydia is one of millions of undocumented workers who’ve been hard hit by the virus and related financial hardship and who, due to their immigration status, are not eligible for unemployment benefits and were excluded from the federal government’s $1,200 stimulus checks.

(From Huffington Post, on 2020-06-18 19:12)

The coronavirus pandemic has cost the Pakistani economy $300 billion in losses, according to the country’s Minister for Industries and Production.

(From Foreign Policy, on 2020-06-18 20:34)

Newsom's order also comes as California has seen an increase in the average number of confirmed coronavirus cases, raising concerns that an uptick in infections could halt efforts to restart the economy.

(From Buzzfeed, on 2020-06-19 01:57)

"There’s a lot you can do." The efforts to contain the virus which halted the economy, for example, are estimated to have prevented 60 million additional coronavirus infections.

(From Washington Post - Politics, on 2020-06-18 21:46)

China’s Belt and Road Initiative (BRI), which aims to grow the Chinese economy through facilitating extensive trade across Eurasia and Africa, is now so large it is shaping how China engages its near region and the wider world.

(From The Interpreter, on 2020-06-18 20:00)

The goal of the second stimulus check would be the same as the first: to help individuals and businesses affected by the coronavirus outbreak.

(From CNET, on 2020-06-18 17:30)

The stimulus checks are part of a larger CARES Act relief package passed in March to help individuals, businesses, renters and people who are out of work in the face of a US economy battered by the coronavirus pandemic.

(From CNET, on 2020-06-18 20:00)

The Bank of Canada sees the Canadian economy facing a prolonged and uneven recuperation period with households remaining cautious with their spending until there is a coronavirus vaccine, Deputy Governor Lawrence Schembri said.

(From The Globe and Mail - Business, on 2020-06-18 14:16)

“As a bellwether of China’s economy, a hike in power generation shows the country’s economic and social activities are returning to normal at an accelerated pace,” said Shan Baoguo, deputy chief economist with the State Grid Energy Research Institute.

(From Asia Times, on 2020-06-18 06:45)

The new wave of candidates vying for congressional seats comes as what looked to be a key set of issues at the beginning of the election year—impeachment, the economy, and domestic health care policy—were eclipsed by a global coronavirus pandemic and civic unrest that have put foreign-policy threats and America’s standing in the world at the forefront of both Trump’s and Democratic challenger Joe Biden’s campaigns.

(From Foreign Policy, on 2020-06-18 17:55)

A wider reopening of California’s pummeled economy is just around the corner, but recent numbers show the worst of the state’s coronavirus outbreak may not be in the rearview mirror yet.

(From LA Times - California, on 2020-06-18 17:56)

Pandemic pivot: How Chicago-area businesses and workers are managing the coronavirus crisis The coronavirus pandemic is forcing Chicago-area companies and workers to face harsh realities about their paychecks and their place in the local economy.

(From Chicago Tribune - Breaking News, on 2020-06-18 17:45)

China aims to speed up an infusion of credit into its economy this year as it tries to restart growth after coronavirus the outbreak.

(From NY Times - World News, on 2020-06-18 16:56)

The world’s largest economy has seen a protacted downturn since businesses began closing in mid-March to stop the spread of the coronavirus, with the unemployment rate climbing to 13.3 percent in May and millions of layoffs reported each week.

(From Borneo Post, on 2020-06-18 16:47)

“Worries about rattled financial markets and their effect on the economy as well as the delicate negotiations with China over a trade deal — a key to Trump’s reelection — have played a large role in influencing the president’s friendly posture toward China over the deadly coronavirus, according to several senior White House and administration officials,” Yasmeen Abutaleb and Josh Dawsey reported in mid-February.

(From Washington Post - Politics, on 2020-06-18 12:09)

The QE expansion was widely forecast after the UK economy contracted by one fifth in April amid a nationwide lockdown to try and halt the spread of the coronavirus outbreak.

(From The Sun Daily (Malaysia) - Business, on 2020-06-18 15:18)

The QE expansion was widely forecast after the United Kingdom economy contracted by one-fifth in April amid a nationwide lockdown to try and halt the spread of the coronavirus outbreak.

(From Rappler, on 2020-06-18 14:49)

On Wednesday, the Group of Seven leading economies called on China to reconsider its plans in a joint statement voicing “grave concern regarding China’s decision to impose a national security law on Hong Kong,” adding that it would breach Beijing’s international commitments as well as the territory’s constitution.

(From The Globe and Mail - World, on 2020-06-18 10:20)

—A new survey of bankers in rural parts of 10 Plains and Western states suggests the economy remains weak in those areas as the coronavirus outbreak continues to affect the region.

(From Star Tribune - Business, on 2020-06-18 16:10)

The FTSE-100 fell today as China coronavirus cases spiked and despite widespread expectations that the Bank of England will be unveiling a further £100 billion of quantitative easing at lunchtime.

(From Evening Standard - Business, on 2020-06-18 04:19)

To prevent the system from collapsing, authorities in the epicenter of the outbreak, Mexico City, have scrambled to conjure up additional capacity to meet surging demand as the country tries to exit lockdown and revive the economy.

(From Reuters - World News, on 2020-06-18 14:47)

Mayor Lori Lightfoot got her road map to spend $1.1 billion in federal coronavirus relief money through the City Council with ease Wednesday, in spite of protests from some aldermen who pressed in vain for promises that none of the funds will be spent to pay police.

(From Chicago Tribune - News, on 2020-06-18 11:14)

“With 1.30am lockouts lifted from the city centre and along Oxford Street, we are looking at what a post-coronavirus night time economy could look like.

(From The Age - Latest News, on 2020-06-18 14:00)

The World Health Organization hopes hundreds of millions of doses of coronavirus vaccine can be produced this year and 2 billion doses by the end of 2021, chief scientist Soumya Swaminathan said on Thursday.

(From News18 - World News, on 2020-06-18 01:54)

China has also invested billions in the China-Pakistan Economic Corridor, an integral part of Xi's Belt and Road trade and infrastructure mega-project.

(From News18 - World News, on 2020-06-17 22:21)

The Bank of England is widely expected today to announce cash stimulus worth at least £100 billion (RM536 billion), according to analysts, after the UK economy contracted by one fifth in April amid a nationwide lockdown triggered by the coronavirus outbreak.

(From Malay Mail, on 2020-06-18 11:17)

Statements from 17 June 2020, at 12:27 PM

SCOTLAND’S economy has shrunk by almost a quarter since the start of the coronavirus outbreak, grim new figures have shown.

(From The National - Scotland, on 2020-06-17 14:10)

Biden’s proposal to reopen an economy shuttered by the pandemic includes expanded coronavirus testing and protective equipment for people who go back to work, paid sick leave, small-business grants and hiring a workforce to chart the disease’s spread.

(From Reuters - Politics, on 2020-06-17 14:49)

This was less gloomy than the Bank’s own analysis in May, when it said coronavirus could see the economy plunge by 14% this year even before factoring in a second peak of the pandemic.

(From Shropshire Star, on 2020-06-17 14:46)

The Trump administration has complained for years about the WTO’s failure to hold China accountable for unfair trade practices, and insists that China - the world’s second-largest economy - should no longer be treated as a developing country.

(From Reuters - Business, on 2020-06-17 15:15)

Others have argued that cities must reopen to keep the economy afloat, and that protective health measures will curb coronavirus transmission in restaurants, schools, malls and on planes.

(From CNET, on 2020-06-17 11:15)

It's also unknown how the US economy will react to a spike in coronavirus infections, with US cases spiking in some states as they reopen.

(From CNET, on 2020-06-17 14:42)

While addressing a press conference alongside Yusuf, SAPM Zulfi Bukhari said that despite the coronavirus crisis, $20.6 billion were remitted to the country, adding that he is grateful to the overseas Pakistanis.

(From The News International - Pakistan, on 2020-06-17 14:49)

In a Politburo meeting in March, the country pledged to widen its fiscal deficit and sell its sovereign debt, which can be taken as a signal that the country is preparing a large-scale stimulus package to counter the economic fallout from the current coronavirus crisis.

(From Chatham House - Expert Comment, on 2020-06-16 14:25)

Global stock markets rose modestly on Wednesday, after several days of turbulence fueled by a cascade of news about the coronavirus and its impact on the global economy.

(From NY Times - World News, on 2020-06-17 11:55)

China has replaced US as No 1 destination for Taiwanese export accounting for approximately 40% of total exports (Hong Kong included), with Taiwan having a trade surplus of approximately US $ 2.27 billion with China.

(From Modern Diplomacy, on 2020-06-17 13:00)

Borrowing could hit £298.4 billion this year as a result of the coronavirus crisis, the OBR said last month, and Mr Sunak has hinted at tax increases to “right the ship”.

(From The London Economic, on 2020-06-17 07:46)

Carlyle Group, which has $3.25 billion invested in China, is wary of new deals in Asia’s largest economy as it primes its portfolio companies for a tepid recovery in a world still reeling from the coronavirus.

(From The Midle Market, on 2020-06-17 12:42)

A cornerstone of the BRI is the so-called China-Pakistan Economic Corridor (CPEC), which consists of $87 billion of dams, power plants, roads and railways winding from China’s restive westernmost province of Xinjiang through disputed Kashmir and south to Pakistan’s Gwadar Port.

(From TIME, on 2020-06-17 08:30)

The repair of financial market conditions since the depth of the coronavirus crisis in mid-March is positive for the economy, but may not last, said Federal Reserve Vice Chairman Richard Clarida on Tuesday.

(From Market Watch - Top Stories, on 2020-06-17 11:52)

The Organization for Economic Cooperation and Development forecast the global economy could contract by 7.6% if the world sees a second wave of the coronavirus outbreak.

(From Reuters - Business, on 2020-06-17 11:21)

Any deal Australia may secure a deal with the UK will pale in comparison to Australia’s exports to China, which were worth almost $150 billion last year.​ In recent weeks, China has imposed crippling tariffs on Australian barley, banned some beef exporters and urged its students against studying in Australia.

(From The New Daily, on 2020-06-17 05:09)

“That’s a tribute to the American people.” But public health experts say Trump and Pence’s ebullience papers over concerning data that suggests that the virus remains a serious threat to Americans’ health and the economy and that the slowing of social distancing and mitigation efforts risks a second wave of the coronavirus in the fall.

(From Huffington Post, on 2020-06-17 04:04)

European equity markets have roared back since a coronavirus-fuelled crash in March, aided by massive global stimulus, with the STOXX 600 index now only about 16% below its February record high.

(From Reuters - Company News, on 2020-06-17 08:43)

Recent favourable employment indicators anticipate an economic revival in the second half of the year following the massive impact of coronavirus, economy minister Nadia Calvino said on Wednesday.

(From The Independent, on 2020-06-17 07:59)

The resurgence in China highlighted calls for vigilance as many nations are easing virus restrictions to revive their economies.

(From Evening Standard - News, on 2020-06-17 06:12)

Malaysia-China Chamber of Commerce (MCCC) vice president Kevin Siah said although many economies worldwide were badly affected by the Covid-19 outbreak, the pandemic brought new opportunities as well.

(From The Sun Daily (Malaysia) - Local, on 2020-06-17 04:02)

Before the coronavirus pushed the market to its mid-March low, Amazon (AMZN) had a market cap of a “paltry” $834 billion.

(From Smarter Analyst, on 2020-06-16 23:58)

Last week ,the economic impact of the coronavirus crisis started to become clearer when it was reported that UK GDP fell by 20.4 per cent in April, with no area of the economy untouched.

(From Stoke-on-Trent Live, on 2020-06-17 04:00)

America has the highest number of coronavirus cases in the world, and the virus is likely to spread further due to the reopening of state and local economies, as well as the Black Lives Matter protests (though public-health officials have endorsed them).

(From Nextgov, on 2020-06-16 22:00)

Statements from 2 June 2020, at 7:06 PM

The latest gains, which followed a rally in global stocks, were driven by optimism that the global economy will begin to recover as governments gradually allow businesses that were closed due to the coronavirus outbreak to reopen.

(From Star Tribune - Business, on 2020-06-02 21:35)

PAHO directors on the call advised Latin American governments not to open their economies too fast and to avoid public crowds especially where coronavirus cases are still increasing, such as in Brazil, which has the second worst outbreak in the world here after the United States.

(From Reuters - Health, on 2020-06-02 17:58)

China's central bank will start buying bank loans made by local lenders to small firms this week in an effort to prod banks to lend as much as 1 trillion yuan (S$197 billion) to small businesses amid the coronavirus pandemic.

(From Straits Times - Business, on 2020-06-02 21:00)

Parisians returned to the City of Light’s beloved sidewalk cafes as the French government eased lockdown restrictions Tuesday, but across the ocean, health experts expressed deep concerns as several Latin American countries opted to reopen their economies despite a rapid rise in coronavirus cases.

(From Chicago Tribune - World, on 2020-06-02 12:11)

“The government does not take for granted the lives and livelihood of the people or the state of the economy,” he said, adding that the Prihatin package was a manifestation of the efforts taken by the government for the sake of the people and country.

(From The Sun Daily (Malaysia) - Local, on 2020-06-02 14:58)

Market risk sentiment was hurt only slightly on Monday when Bloomberg reported China had told state-owned companies to halt purchases of soybeans and pork from the United States, raising concern that the trade deal between the world's two biggest economies could be in jeopardy.

(From The Daily Star - Business, on 2020-06-02 18:00)

The bank in April said it has set aside nearly $4 billion to cover expected loan losses due to the coronavirus outbreak.

(From Reuters - Business, on 2020-06-02 19:54)

And antibody tests, once promoted as a vital tool for safely reopening the economy, are meant to identify who has been exposed to the virus, not active cases.

(From Politico - Health Care, on 2020-06-02 15:38)

Economists say that Canada’s economy likely bottomed out in April when non-essential businesses across the country were closed to help contain the coronavirus pandemic.

(From The Globe and Mail - Business, on 2020-06-02 13:44)

Russia has earmarked 5 trillion roubles ($73 billion) to jump-start its economy through end-2021, its premier said on Tuesday, as the country eases a prolonged coronavirus lockdown which cost it jobs and triggered the deepest contraction since 2009.

(From AlArabiya.net MRSS for section Business, on 2020-06-02 12:02)

Uganda will lose $1.6 billion a year in earnings from tourism as visitors stay away due to the impact of the coronavirus, President Yoweri Museveni said.

(From Africa Feeds, on 2020-06-02 13:45)

The civic group Mexicans Against Corruption said the strategy of little testing “limits the possibility of identifying super-spreaders, people who are asymptomatic and spread the virus massively,” and could spell disaster as the economy re-opens starting June 1.

(From Spokesman.com: Latest stories, on 2020-06-02 16:14)

The ongoing coronavirus pandemic that shut down sports worldwide caused the first decline since 2016 in the total income of the world’s 100 top-paid athletes, a 9% dip from last year to US$3.6 billion, the report said.

(From Asia Times, on 2020-06-02 15:51)

The S&P 500 and the Dow Jones indexes hit three-month highs on Tuesday as optimism about the reopening of the economy after weeks of coronavirus lockdowns countered concern over more disruptions from the street protests spread across the country.

(From Reuters - Business, on 2020-06-02 17:21)

The suit, filed Tuesday by Tracey Graham against Barrier Technologies, appears to be the first over the sick leave provisions in the Families First Coronavirus Relief Act, one of the stimulus bills passed in March to deal with the coronavirus pandemic.

(From Huffington Post, on 2020-06-02 15:18)

In Bolivia, a country of around 11.7 million people, the government is now easing a lockdown that was aimed at curbing the disease’s spread to allow the economy to revive, though experts worry this could spark a rise in cases.

(From Reuters - Health, on 2020-06-02 16:20)

The French government said today that it had signed off on a state-backed loan of €5 billion (RM24 billion) for carmaker Renault, where the coronavirus crisis has compounded months of management turbulence and prompted the company to lay off nearly 15,000 people worldwide.

(From Malay Mail, on 2020-06-02 14:35)

Economy Minister Pedro Siza Vieira said Portugal is in “advanced discussions” with Germany to establish a so-called “air corridor,” which could allow tourists who test negative for the coronavirus to fly to an area with a low infection rate, such as the Algarve.

(From Lewiston Sun Journal, on 2020-06-02 15:28)

WHO says African continent remains least affected by virus. Africa’s coronavirus cases have surpassed 150,000 while the World Health Organization says the continent of 1.3 billion people is still the region least affected.

(From Lewiston Sun Journal, on 2020-06-02 15:28)

The European Commission has said investing in hydrogen will help the EU become climate neutral by 2050 and also help kick-start EU economies after the coronavirus pandemic lockdowns.

(From S&P Global Platts - Oil, on 2020-06-02 15:28)

The Senate leader said if Congress does approve another coronavirus stimulus check, it will be the "final" one, CNBC reported.

(From CNET, on 2020-06-02 15:41)

As part of its $4 billion effort to combat the virus, Amazon is developing its own coronavirus testing capabilities.

(From CNET, on 2020-06-02 12:01)

Dubai’s economy, which heavily relies on retail, tourism and hospitality, has suffered from the lockdown and travel restrictions as the coronavirus outbreak spread.

(From Reuters - World News, on 2020-06-02 15:02)

On Monday, officials told lawmakers that the coronavirus will prevent them from meeting the conditions of a $1 billion Obama-era program for large-scale construction projects that defend cities and states against climate-related disasters.

(From SEJ, on 2020-06-02 13:11)

“While the coronavirus crisis will likely fuel US-China friction in the months to come, we think equity investors shouldn’t let these tensions overshadow investment opportunities in China, where the economy is recovering and earnings have remained relatively resilient,” John Lin and Stuart Rae of AllianceBernstein said in a note.

(From Asia Times, on 2020-06-02 12:40)

Under the Coronavirus Aid, Relief, and Economic Security Act, each state receives a minimum $1.25 billion for addressing the impact of the health pandemic.

(From WVU MetroNews - News, on 2020-06-02 13:55)

Statements from 1 June 2020, at 12:00 AM

The first decree authorises the Finance Ministry to borrow about 1 trillion baht to fund the government’s economic and social rehabilitation to provide support to people adversely affected by the virus outbreak.

(From Thailand Business News, on 2020-06-01 02:53)

This has enabled China to greatly increase its influence throughout Asia, Africa and the Balkans where China has already committed over US$20 billion in loans for new coal-fired power stations.

(From The Spectator Australia, on 2020-06-01 00:28)

If the coronavirus outbreak is still battering the economy and causes a shortfall in state revenue the next fiscal year, the government is allowed to run up an additional 100 billion baht in debt, said director Dechapiwat Na Songkhla.

(From Bangkok Post - Business, on 2020-05-31 21:30)

The Bank of Thailand recently predicted that the Thai economy would bound back to 3% growth next year from a 5.3% contraction in 2020, assuming a coronavirus vaccine is ready next year.

(From Bangkok Post - Business, on 2020-05-31 21:30)

According to DFAT trade data, in 2018/19 Victoria’s merchandise exports to China were valued at $6.5 billion and the imports from China were $23 billion.

(From The Mandarin, on 2020-06-01 01:57)

Southeast Asia leans on new taxes to plug coronavirus shortfalls. Southeast Asian countries have turned to new and higher taxes to offset falling government revenues due to the coronavirus pandemic, walking a fine line between securing funding and further straining economies.

(From AEC News Today, on 2020-06-01 00:18)

Unemployment is now at a level not seen in since the Great Depression nearly a century ago, and moving higher, while the coronavirus is expected to threaten the country for months to come, factors analysts fear will only serve to deepen inequality for workers in the world’s largest economy.

(From Malay Mail, on 2020-05-31 23:26)

It could be that the economy will partly bounce back before plunging again amid a second wave of infections as states reopen and people face renewed exposure to the coronavirus, or if the disease stages a comeback this autumn.

(From The Age - Business, on 2020-05-31 22:10)

Others argue that cities must reopen to keep the economy afloat, and that protective health measures will curb coronavirus transmission in restaurants, schools, malls and on planes.

(From CNET, on 2020-05-31 21:15)

If China’s economy makes a full recovery, the party will be untouchable.’ This may be the China the West faces after the pandemic is over.

(From Spectator USA, on 2020-05-31 20:55)

Nomura analysts said in a report last week that "with economic growth in the major economies of Europe and the Americas set to drop by around 15 per cent year on year in the second quarter, China's exports seem poised to fall".

(From Straits Times - Business, on 2020-05-31 21:00)

The unemployment data shows more than 40 million people have lost work since early March, when coronavirus shutdowns around the country put the nation’s economy in a coma.

(From The Mercury News, on 2020-05-31 16:53)

In his latest news conference Thursday, the governor emphasized that Congress’ passage in late March of a $2.2 trillion coronavirus relief law placed burdens on state labor departments across the country that the agencies were not set up to handle.

(From East Idaho News, on 2020-05-31 15:48)

Pope Francis said on Sunday that people are more important than the economy, as countries decide how quickly to reopen their countries from coronavirus lockdowns.

(From Independent.ie, on 2020-05-31 13:50)

Algeria had already lost $1 billion in oil and gas export revenue in the first two months of 2020 due to the fall in oil prices and the slump in demand triggered by the coronavirus, he said at the time.

(From S&P Global Platts - Natural Gas, on 2020-05-31 06:23)

Idaho is holding on to $800 million, or nearly two-thirds of its $1.2 billion allocation, in case of a future wave of coronavirus cases.

(From Star Tribune - Business, on 2020-05-31 13:55)

France will announce a stimulus plan for the French aerospace industry in the next week to 10 days as the country’s economy deals with the fallout of the coronavirus pandemic, Finance Minister Bruno Le Maire said in an interview on broadcaster France 3 on Sunday.

(From AlArabiya.net MRSS for section Business, on 2020-05-31 12:49)

In the past, Minister for Health Simon Harris has said that if efforts in tackling the virus go better than planned, stages in the government's five stage roadmap to reopen Ireland's economy and society could be moved forward.

(From The Irish Sun, on 2020-05-31 11:06)

The industry’s supply networks have been disrupted since January when Chinese authorities responded to the novel coronavirus outbreak by effectively closing down their economy, a major source of textile and apparel production.

(From Washington Post - Business, on 2020-05-31 11:00)

Jordan’s health ministry urged the public to follow health guidelines as the country began measures to reopen the economy amid the coronavirus pandemic.

(From Arab News - Middle East, on 2020-05-31 07:15)

Japanese Economy Minister Yasutoshi Nishimura said friction between the US and China over Hong Kong poses a risk to the global economy if the city ceases to be an international financial hub.

(From Straits Times - Business, on 2020-05-31 09:06)

Statements from 28 May 2020, at 12:06 PM

The Small Business Administration is setting $10 billion in federal Paycheck Protection Program small-business loan funds aside for community development organizations as a way of ensuring federal coronavirus relief funds reach underserved communities.

(From Washington Post - Business, on 2020-05-28 15:18)

Avisado said that, as of Thursday, P353.8 billion has been released to various departments and agencies of the government to support their coronavirus-related interventions.

(From philstar.com, on 2020-05-28 11:32)

It's poised to restart its hospitality economy on June 1 – one day after health experts expect the country to achieve full containment of the coronavirus.

(From WUNC, on 2020-05-28 15:28)

It aims to resume limited service on June 15, but estimates that it may take three years for demand to get back to the levels of 2019, before the coronavirus outbreak grounded flights around the world and pushed the global economy toward a deep recession.

(From Chicago Tribune - World, on 2020-05-28 13:52)

Old Mutual has given K25 billion worth of free life cover for 25,000 Covid-19 frontline workers as the number of coronavirus cases in the country rise steadily.

(From AllAfrica News, on 2020-05-28 14:24)

The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed.

(From Star Tribune - Business, on 2020-05-28 14:50)

The research body said the coronavirus has decimated sectors across the Irish economy – worse than the 2008 crash and the depression between the First and Second World War.

(From The Irish Sun, on 2020-05-28 11:52)

The OIG said it will examine how HHS awarded and disbursed $50 billion in provider relief fund payments under the Coronavirus Aid, Relief and Economic Security Act.

(From Becker's Hospital Review, on 2020-05-28 13:14)

The government has provided $175 billion in relief funds to hospitals through the Paycheck Protection Program, Health Care Enhancement Act, and Coronavirus Aid, Relief and Economic Security Act.

(From Becker's Hospital Review, on 2020-05-28 13:22)

Energy and Emissions Reduction Minister Angus Taylor said the figures showed industry was well placed to help the economy through the coronavirus economic downturn.

(From The Age - Latest News, on 2020-05-28 14:01)

In an environment where the Chinese Communist Party (CCP) faces global outcry over its handling of the new coronavirus, is under acute political and economic pressure from Washington, and needs foreign investors to help revive its suddenly sputtering economy, the EU has more leverage with Beijing than it has had in quite a while.

(From Carnegie Endowment, on 2020-05-28 08:45)

With no dine-in customers during the coronavirus lockdown, Jollibee Foods Corporation reported a net loss of P2.07 billion in the 1st quarter of 2020, representing a 253% plunge.

(From Rappler, on 2020-05-28 10:51)

The coronavirus pandemic has also led to such a drop in policing and in crimes—one reason why the Policing & Social Justice Project has called for the city to cut the current $5.6 billion NYPD budget by $1 billion over four years.

(From The New Republic, on 2020-05-28 10:00)

Nearly 11 weeks ago, MLB shut down spring training and postponed the regular season indefinitely as the country tried to deal with the coronavirus, which has devastated the economy and killed 100,000 Americans as of Wednesday morning.

(From Press of Atlantic City, on 2020-05-28 12:30)

Nigeria’s external reserves have been on an upward trajectory for a few weeks, offering some foreign exchange relief at a time when the country is faced with a decline in crude oil export earnings and uncertainty still hangs over the global economy due to the prevailing coronavirus pandemic.

(From Ventures Africa, on 2020-05-28 12:34)

American in April reported a staggering $2.2 billion loss in the first quarter, around the time when the coronavirus pandemic triggered a sharp drop in air travel.

(From CBSNews.com - USA, on 2020-05-28 12:16)

Dr Lowe, giving evidence to a Senate committee overseeing the government's response to the coronavirus pandemic, on Thursday said even though the economy was doing better than expected it would face years of strain.

(From The Sydney Morning Herald - Latest News, on 2020-05-28 12:30)

Among the three regions, China is a bright spot as its economy sputters back to life after shutting down in the early days of the outbreak.

(From Bangkok Post - World, on 2020-05-28 12:04)

The European Union unveiled a €750 billion ($825 billion) recovery package for the coronavirus pandemic yesterday that includes plans to address another global crisis: climate change.

(From Climatewire, on 2020-05-28 10:39)

Three of the top five companies on the list are from China, including Industrial and Commercial Bank of China in the top spot for the eighth straight year with more than $4.3 trillion in assets.

(From Arab News - Economy, on 2020-05-28 07:17)

China has room to stimulate an economy trying to recover in the wake of the coronavirus pandemic, but the government does not want to open the “floodgates,” Premier Li Keqiang said on Thursday at the end of the annual meeting of parliament.

(From The Globe and Mail - Business, on 2020-05-28 11:14)

China’s economy suffered a 6.8 per cent contraction in the first quarter, as the country reeled from an epidemic that began in the central city of Wuhan.

(From The Globe and Mail - Business, on 2020-05-28 11:14)

Russia is continuing to see high numbers of new coronavirus cases even though its far-flung regions have increasingly moved to reopen the economy.

(From Star Tribune - Business, on 2020-05-28 09:35)

Crisis-hit Japanese automaker Nissan on Thursday reported a staggering US$6.2 billion annual net loss, its first in more than a decade, as it battles weak demand and the impact of the coronavirus pandemic.

(From Asia Times, on 2020-05-28 09:24)

IRELAND is heading into the worst recession in the history of the country with the coronavirus crisis sinking its teeth into the economy.

(From The Irish Sun, on 2020-05-28 07:42)

MarketWatch reported that the foodservice industry, which is collectively worth about $300 billion, experienced a sales dec