NEWSFLASH: The world’s top finance ministers and central bankers have just pledged to do what they can to protect the global economy from the coronavirus. Here is a copy of their Joint statement from their hastiely arranged meeting: “We, G7 Finance Ministers and Central Bank Governors, are closely monitoring the spread of the coronavirus disease …
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SEATTLE (AP) — An increase in testing for the coronavirus began shedding light Monday on how the illness has spread in the United States, including in Washington state, where four people died at a nursing home and some schools were closed for disinfection. New diagnoses in several states pushed the tally of COVID-19 cases past …
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A glimpse of the future. I have been to the pandemic land and its a living HELL! Coronavirus concerns are sending shoppers into panic-buying mode across the country. Bare shelves and frayed nerves were on full display over the weekend at Bay Area grocery stores as the coronavirus continued to spread. Shoppers described chaotic scenes, …
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United States President Donald Trumps met with pharmaceutical companies to discuss “progress” made in finding a treatment for coronavirus, the president stressed on Monday. “I am met with the major pharmaceutical companies today at the White House about progress on a vaccine and cure. Progress being made!” Trump tweeted. On Sunday, he asserted that the …
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Absolutely its anther financial crises. 2008 all over again! AND they are not waiting this time for a Lehman moment. Central banks the world over have agreed to global coordinated Quantium easing on Steroids. It will make the coming depression far far worse. The depression has been put in remission for now! TOKYO/FRANKFURT/WASHINGTON, March 2 …
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(Bloomberg) — The swirl of fresh coronavirus cases and growing risks to the global economy have some seasoned market strategists warning that U.S. growth could come to a halt this year and some Treasury yields may drop below zero for the first time. The warnings come as a rout in equities and climbing expectations for …
Continue reading “First Negative U.S. Yields Get Closer Amid Virus Fallout Fears”
North Korea has launched two unidentified projectiles, South Korea’s military says, in its first apparent weapons test of the year. The projectiles were launched from the North’s east coast towards the Sea of Japan, also known as the East Sea. South Korea’s Joint Chiefs of Staff (JCS) said they were “believed to be short-range ballistic …
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* Caxin Feb factory activity contracts at sharpest pace on record * Output, new orders collapse to historic lows as virus jolts * Exports and employment also in sharp contraction * Economy paralysed by outbreak, sharp contraction seen in Q1 BEIJING, March 2 (Reuters) – China’s factories were dealt a devastating blow in …
WASHINGTON — The coronavirus has been circulating undetected and has possibly infected scores of people over the past six weeks in Washington state, according to a genetic analysis of virus samples that has sobering implications for the entire country amid heightening anxiety about the likely spread of the disease. The researchers conducted genetic sequencing of …
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Major corporations around the world are putting in place extraordinary measures to try and limit the spread of novel coronavirus. Travel bans and remote working policies have been introduced in recent days and offices have been closed, as companies to try and protect employees from COVID-19. Twitter (TWTR), Amazon (AMZN), Google (GOOG), Goldman Sachs (GS), …
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