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Goldman Sachs Cuts US GDP Estimates
Goldman Sachs cut its forecast for GDP growth in the United States by 34% in the second quarter on an annual basis compared to its previous estimate for a decrease of 24% and also reduced its estimates for the first quarter to 9% from its previous forecast, down...
Trump: We are not going to let it turn into a long-lasting financial problem
U.S. President Donald Trump said today that he will not allow the coronavirus to cause long-term damage to the US economy and that he will consider how to move forward after a 15-day closure next week."America will open again and soon to work," Trump told a White...
The World Health Organization confirms the infection of two of its team with the Coronavirus
WHO spokesperson Christian Lindmeier told reporters that it was confirmed that two of the workers had been infected with the coronavirus, the first case at the United Nations Office at Geneva and the other case at the World Trade Organization.Lindmeier said that the...
Trump Administration Plan to tackle Coronavirus
A Trump administration official said today that US President Donald Trump is planning to meet Treasury Secretary Stephen Mnuchin and other members of his economic team to discuss possible action to address concerns about the impact of the Corona virus outbreak on the...
IMF: global growth for 2020 less than 2019
The International Monetary Fund expects global growth for 2020 to be lower than the 2.9% rate for 2019 and the revised forecasts will be issued in the coming weeks, the International Monetary Fund Director Christina Georgieva said at a press conference today.Georgieva...
Fed Agrees to keep interest rates Unchanged
All 12 regional banks in the Federal Reserve voted to keep interest rates imposed by commercial banks on emergency loans unchanged before the US central bank monetary policy meeting.The Federal Reserve left the exchange rate unchanged at 2.25% at its meeting from...
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