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Posted by The Analyst | 23 March 2020 | Business
US stocks plunge despite Fed promises to pump unlimited amount of money into economy

Wall Street's main indices are down after opening on Monday for the first ever all-electronic trading session, which is aimed at protecting New York Stock Exchange employees from the coronavirus. Both the Dow Jones Industrial Average and the S&P 500 were down around four percent as of 16:00 GMT. The Nasdaq Composite, an index comprised...

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Posted by The Analyst | 23 March 2020 | Breaking News
Tokyo urges ‘timely’ G20 action to combat Covid-19 fallout

Japan called on Group of 20 finance leaders to take timely policy steps to tackle global economic risks posed by the coronavirus outbreak, the finance minister Taro Aso said on Monday. The minister said after a conference call with his G20 counterparts that the nature of the crisis was different from the collapse of Lehman...

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Posted by The Analyst | 23 March 2020 | Breaking News
‘We’re following South Korean model in coronavirus fight’ – Varadkar plays down talk of lockdown in Ireland

Taoiseach Leo Varadkar has played down the idea of a coronavirus lockdown and said Ireland is following the South Korea model of social distancing, social isolation and contact tracing.

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Posted by The Analyst | 23 March 2020 | Foreign Affairs
Hunt for medical gear to fight virus becomes all-consuming

The hunt for masks, ventilators and other medical supplies consumed the U.S. and Europe on Monday, as new coronavirus infections soared and political paralysis stalled efforts for a quick aid … Click to Continue »

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Posted by The Analyst | 23 March 2020 | Business
Coronavirus threatens to pop Asia’s $32 TRILLION corporate debt bubble

Heavy debt and the loss of business due to the coronavirus lockdown now threatens to cause a wave of widespread bankruptcies across the Asia-Pacific region, according to rating agency Moody's. The volume of outstanding corporate debt issued by companies across the region has doubled since the 2008 financial crisis to $32 trillion as of last...

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Posted by The Analyst | 23 March 2020 | Politics
Woody Allen has new publisher, memoir published Monday

Woody Allen's memoir, dropped by its original publisher after widespread criticism, has found a new home. The 400-page book, still called “Apropos of Nothing,” was released Monday by Arcade Publishing. … Click to Continue »

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Posted by The Analyst | 23 March 2020 | Politics
What you need to know today about the virus outbreak

A surge in infections has caused a critical shortage of medical supplies in many places. The hunt for ventilators and other critical items is consuming Europe and the U.S. Deaths … Click to Continue »

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