China releases its monetary policy, but tightens online bank loans conditions
People´s Bank of China (PBOC), China’s central bank, will continue in interest rates cuts for loans in banking sector. Moreover, PBOC aims to perform...
Saudi Arabia sets half million for agriculture imports
Saudi Arabia plans to allocate 2 billion riyals, that is $533.3 million, to import agriculture products and to secure food supplies of the country
Country...
EU economy crushed into recession after first quarter
What has been expected and predicted for weeks, has now turned into reality
Eurostat, the statistical office of the European Union, has confirmed that the...
We will use the full range of tools to save the economy, promises the...
In its two-day session, the United States Federal Reserve System (FED) agreed to keep the basic interest rate in a range of 0 to...
Analysts believe that the economic recovery will be U-shaped
Even though many countries have only started with release of anti-coronavirus measures, economists already discuss speed of economic recovery.
Reuters asked 45 experts from...
United Arab Emirates doubled its economy support
The Central Bank of the United Arab Emirates introduced $70 billion emergency economic stimulus package to support its domestic economy to fight consequences of...
Large companies will emerge from the crisis stronger than ever
According to the prestigious journal The Economist, the current economic crisis caused by coronavirus will make some large multinational companies even stronger
Big tech companies...
The Fed prepares massive loans to businesses
According to Treasury Secretary Steven Mnuchin, Fed will play key role in measures to support the U.S. economy
The Federal Reserve will offer up to...
World food prices dropped in February
World food prices fell in February after 4 months of continuos growth
The Febuary drop in demand for food was caused by new coronavirus epidemic....
South Korea’s export grew more than expected
While analysts expected South Korea's export to grow in 2,8% in February as year-on-year growth, the reality was significantly better, when export increased in...
