Tag: coronaviruses

China fails to set GDP target, pledges more than $ 400 billion to support economy affected by coronaviruses

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China fails to set GDP target, pledges more than $ 400 billion to support economy affected by coronaviruses

The Chinese government has announced nearly $ 430 billion in stimulus funding to help the world’s second largest economy remain stable. Key points: The Chinese economy contracted 6.8% in the three months ending March.The Communist Party has set no growth targets, usually a closely watched feature of government plans. first economy to reopen but struggles ….  Read More

Has New Zealand really done better than Australia to control coronaviruses?

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Has New Zealand really done better than Australia to control coronaviruses?

Update April 27, 2020 09:58:09 Photo: The governments of Scott Morrison and Jacinda Ardern have approached the coronavirus differently and have achieved similar results. (PAA: David Rowland) Australia and New Zealand are known for their friendly rivalry. But when it comes to deciding which has done best to contain COVID-19, the answer seems to be ….  Read More

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Australia to ease restrictions on coronaviruses in four weeks | News from Australia

Governments are considering reducing “basic restrictions” in four weeks if strategies to contain the coronavirus continue to work. Thursday, a meeting of the national cabinet decided to start traveling on the “exit” from the economic and health crisis if the authorities were to have more confidence in the success of their measures. The basic restrictions ….  Read More

Asian stocks plummet as IMF warns of stunted growth of coronaviruses

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Asian stocks plummet as IMF warns of stunted growth of coronaviruses

Stocks in the Asia-Pacific region plummeted after the IMF warned that growth in the region would be stalled for the first time in six decades as a result of the coronavirus, in the latest worrying sign of devastation to the economy worldwide by the pandemic. The gloom in the Asian markets on Thursday came after ….  Read More

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Frydenberg says relaxing restrictions on coronaviruses before medical advice is “dangerous and unrealistic” | Business

Josh Frydenberg has warned that it is “very dangerous and unrealistic” to go ahead with medical advice as Australian governments consider attempts to loosen Covid-19 restrictions. Appearing on ABC’s Insiders on Sunday, the federal treasurer predicted a “significant” increase in unemployment due to coronavirus and said the government had “no plans” to change the GST, ….  Read More

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ACCC Enables Business Competitors To Work Together In The “War Effort” Against Coronaviruses | News from Australia

Competitive Czar Rod Sims says he allowed his competitors to work together during the coronavirus pandemic as part of a war effort to ensure that the Australian economy can survive the crisis. In the past three weeks, the Australian Competition and Consumer Commission has authorized industries, including supermarkets, banks, medical providers, utilities and oil companies, ….  Read More

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Australian arts have been the hardest hit by coronaviruses. So why don’t they get support? | Esther Anatolitis | News from the world

Data released this week proves what the arts and entertainment industry already knows: we are by far the industry hardest hit by the economic destruction of Covid-19. According to the Australian Bureau of Statistics, only 47% of arts and entertainment businesses continue to trade. And that number is going down. In contrast, in the majority ….  Read More

More than 160 Jaguar Land Rover vehicles support the fight against coronaviruses worldwide

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More than 160 Jaguar Land Rover vehicles support the fight against coronaviruses worldwide

Jaguar and Land Rover have deployed more than 160 vehicles worldwide to support emergency services organizations during the coronavirus crisis. This service is provided with fleets of vehicles now available due to the postponement of launch events. A total of 57 vehicles, including 27 new Defenders, have been loaned to the British Red Cross to ….  Read More

Les décideurs politiques augmentent leur soutien alors que les coronavirus craignent de détruire les marchés

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Policymakers increase support as coronaviruses fear to destroy markets

SINGAPORE / WASHINGTON (Reuters) – Governments and central banks prepared more emergency measures to deal with the economic impacts of the coronavirus on Friday as Asian markets suffered their worst weekly crashes since the 2008 financial crisis. FILE PHOTO: A person wearing a face mask walks along Wall Street after other cases of coronavirus were ….  Read More