The decision will appease protesters who have clamored for the government to prioritize domestic concerns. But it does little to solve the nation’s financial woes.
Tag: Economic Conditions and Trends
Italy Locks Down Much of the Country’s North Over the Coronavirus
The restrictions affect Milan and the regions that serve as Italy’s economic engine, and are the most sweeping measures outside China.
Paid to Stay Home: Europe’s Safety Net Could Ease Toll of Coronavirus
Europe’s social policies are sometimes seen as overly generous. Yet they may help cushion the economic impact of the virus.
Live: The Stock Market Today and Coronavirus
Stocks fell and investors rushed to the safety of government bonds.
As Coronavirus Disrupts Factories, India Curbs Exports of Key Drugs
The outbreak has hobbled Chinese factories that supply India’s vast drug industry with ingredients for antibiotics and vitamins, raising the prospect of global shortages.
Global Health Crisis 1, Economic Policymakers 0
As leaders of the world’s wealthiest countries pledged to limit the damage from the coronavirus, they appeared to be operating with limited options.
Israel, ‘Start-up Nation,’ Groans Under Strains of Growth and Neglect
The election on Monday might break a yearlong political deadlock. But huge challenges in health, education and transit are decades in the making.
Why a Coronavirus Recession Would Be So Hard to Contain
A supply shock is not a problem our usual economic tools are particularly good at solving. But it’s the one we face.
Coronavirus Fears Reverberate Across Global Economy
The stock market had its worst week since 2008, signaling that one of the longest expansions in history could be ending. Policymakers said they were ready to act.
Virus Disrupts China’s Shipping, and World Ports Feel the Impact
Even where factories are back in operation, getting freight to docks has been impeded by roadblocks and quarantines.