Government Finances

UPDATE 1-Philippines sees deeper-than-expected economic contraction in 2020

in.reuters.com | Economic system to bounce again strongly, rising 6.5-7.5% in 2021 … MANILA, Dec 3 (Reuters) – The financial injury introduced by the coronavirus …

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Swiss government expects economic upswing to stall in Q4

in.reuters.com | The economic system surged again within the third quarter, as stay-at-home shoppers pushed GDP development to 7.2% – its highest since quarterly GDP figures had been …

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German ministers warn on pandemic's economic impact

in.reuters.com | German ministers warn on pandemic's financial influence … sluggish the unfold of the illness, German Economic system Minister Peter Altmaier mentioned on Monday.

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Vaccine is no shot in the arm yet for emerging markets

in.reuters.com | LONDON (Reuters) – Rising markets have surged on the prospect that coronavirus vaccines will develop into broadly accessible quickly, however analysts assume …

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UK borrowing to hit peacetime high as economy faces COVID emergency

in.reuters.com | LONDON (Reuters) – Britain will borrow virtually 400 billion kilos this 12 months to pay for the huge coronavirus hit to its economic system, finance minister Rishi …

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Biden to name Yellen to Treasury to lead US from sharp economic downturn

in.reuters.com | Yellen, 74, brings Biden many years of financial coverage expertise and is … She has referred to as for opening fiscal spending faucets to revive an economic system …

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Labour bids for voters' trust with 'responsible' recovery plan

in.reuters.com | … rising unemployment, minimize wasteful spending and unfold prosperity, setting out an alternate rescue plan for the coronavirus-stricken financial system.

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UK's Sunak: no return to austerity in new spending plan

in.reuters.com | “You’ll not see austerity subsequent week,” Sunak instructed Sky Information tv on Sunday. “What you will note is a rise within the authorities's spending on …

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