Trump challenged his initial offer to reopen the economy

WASHINGTON / NEW YORK (Reuters) – A week after millions of Americans began taking refuge at home with the coronavirus, at least one Republican governor warned Tuesday that he would ease the restrictions too early even though the crackdown is wreaking havoc on the U.S. economy. PHOTO FILE: US President Donald Trump addresses the daily […]

UPDATE 1-Central Bank of Brazil to extend loans to banks

(Add details on the control panel) By Marcela Ayres BRASILIA, March 23 (Reuters) – The Brazilian central bank on Monday said it will extend corporate bond-backed loans to banks between March 23 and April 30, with the aim of adding liquidity to the financial system. It also reduced long-term reserve requirements to 17% from 25%, […]

UPDATE 1-UK starts the first phase of the £ 330 billion loan guarantee scheme

(Add details) LONDON, March 23 (Reuters) – The British government opened the first part of a £ 330 billion ($ 384 billion) corporate loan guarantee scheme on Monday, which will help small and medium-sized businesses borrow up to £ 5 million to treat coronavirus arrests. “Any profitable business” with a turnover of up to £ […]

Coronavirus relief law slows down in the United States Senate, talks continue

WASHINGTON (Reuters) – The US Senate’s impetus to pass a $ 1 trillion coronavirus response law remained hampered last Sunday, while Democrats asked for more money to help governments and state and local hospitals while Republicans have urged swift action to give funding markets a sign of encouragement. On Sunday, the Senate failed to get […]

The virus aid bill includes $ 3,000 for families, $ 4 trillion for Fed: Mnuchin

PHOTO FILE: US President Donald Trump and Treasury Secretary Steven Mnuchin answer questions during the Trump Administration’s daily coronavirus briefing at the White House in Washington, United States, March 17, 2020. REUTERS / Jonathan Ernst / Photo file WASHINGTON (Reuters) – Coronavirus economic compensation bill being drafted in Congress will include a one-time payment of […]

The United States Senate runs to agree on a massive aid package for coronavirus

WASHINGTON (Reuters) – Republicans and Democrats in the United States Senate hurried to complete an agreement on a $ 1 trillion bill aimed at curbing the economic fallout of the coronavirus pandemic for workers, industries and small businesses . But after a second day of closed marathon negotiations, there was no sign of a global […]

United States Senate to seek agreement on $ 1 trillion coronavirus economic aid package

WASHINGTON (Reuters) – U.S. Senate majority leader Mitch McConnell introduced emergency legislation to stem the economic fallout from the coronavirus pandemic on Thursday, and Republicans and Democrats agreed to meet Friday to seek a deal. PHOTO FILE: Senate majority leader Mitch McConnell (R-KY) speaks to members of the media as he enters his office, while […]

The world upset “at war” with the coronavirus as deaths increase in Italy, France

MADRID / BEIJING (Reuters) – Hundreds of millions of people faced a world turned upside down Wednesday by unprecedented emergency measures against the coronavirus pandemic that is killing the old and vulnerable and threatening prolonged economic suffering. “This is a once-in-a-hundred-year event,” said Australian Prime Minister Scott Morrison, warning that the crisis could last six […]