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Tag Archives: Economic

Coronavirus forces economics profession to leave comfort zone

With the coronavirus devastating one economy after another, the economics profession – and thus the analytical underpinnings for sound policymaking and crisis management – is having to play catchup. Of particular concern are the economics of viral contagion, of fear and of “circuit breakers”. The more that economic thinking advances …

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The economic impact of coronavirus in five charts

As the coronavirus pandemic rips through countries, it’s upending everything in the global economy from junk bonds to prices for orange juice. Governments are shutting down whole commercial sectors to stop the spread of Covid-19, putting a massive crimp in gross domestic product for months to come. Stocks have slid …

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Rich countries try radical economic policies to counter covid-19

“THE GOVERNMENT intervention is not a government takeover,” the American president argued. “Its purpose is not to weaken the free market. It is to preserve the free market.” The IMF pointed to the “unprecedented policy actions undertaken by central banks and governments worldwide”. The economic response to the financial meltdown …

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President Donald J. Trump Is Providing Economic Relief to American Workers, Families, and Businesses Impacted by the Coronavirus

All News Quote The legislation developed in the Senate is the first step to restoring confidence and stability to America’s economy. President Donald J. Trump SECURING EMERGENCY RELIEF: President Donald J. Trump is signing bipartisan legislation to provide relief to American families and workers during the coronavirus outbreak. The President …

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3 Reasons F Stock Can Bounce Back From an Economic Downturn

<p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0. 8em)–sm” type=”text” content=”There were some announcements by strongFord/strong (NYSE:a href=https://investorplace.com/stock-quotes/f-stock-quote/ rel=nofollow noopener target=_blankstrongF/strong/a) last week that, combined with other tailwinds, helped spark a 15% in F stock Wednesday. ” data-reactid=”12″>There were some announcements by Ford (NYSE:F) last week that, combined with other tailwinds, helped …

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OECD chief calls for new Marshall Plan against pandemic

COMBATING THE VIRUS. A municipal worker uses a sprayer while disinfecting the popular Medina neighborhood of Dakar, Senegal, on March 22, 2020. Photo by John Wessels/AFP LONDON, United Kingdom – Rich governments scrambling to defend their economies from the coronavirus pandemic are being urged to coordinate to ward off a …

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Surprise! Fed slashes interest rates to counter coronavirus

The Federal Reserve cut its benchmark interest rate by half a percentage point on Tuesday in a surprise move aimed at shoring up the economy against negative fallout from the coronavirus outbreak. In a statement, Fed policymakers noted that while the United States economy remains strong “the coronavirus poses evolving …

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