Sources: CNN
The United Nations Economic Commission for Africa warns that the effects of the pandemic on Africa's economy could push the number of "extremely poor" Africans to 514 million people. The World Bank also announced a recession as the economies of African countries continue to shrink. 2021-12-24
Malaysia unveils an RM322.5 billion expansionary 2021 Budget to boost its domestic economic activity, according to government reports, as it grapples with the economic fallout of the pandemic and rising political uncertainty. 2020-11-6
State-run oil company Saudi Aramco suspends plans to build a US$10 billion oil refinery in Liaoning, China, due to decreased global demand for oil. Its Chinese partners said they will press ahead with the project. 2020-08-21
Following a collapse in print sales amid the COVID-19 pandemic in the United Kingdom, "The Jewish Chronicle" and "Jewish News" newspapers enter voluntary liquidation and are to close. 2020-04-8
The British government announces a stimulus plan to counter the socioeconomic impacts of the coronavirus pandemic, which includes the government paying a portion of citizens' wages. 2020-03-20
The U.S. Senate approves the Families First Coronavirus Response Act, an emergency relief aid bill, in response to the coronavirus pandemic. The bill will ensure that people who are employed in places with less than 500 employees will receive paid benefits while on leave. It also offers free testing for uninsured people and expands federal funding for medical coverage. 2020-03-18
Asian markets fall substantially and European markets open with huge losses. S&P futures fall 5%, triggering a trading halt in response to the Federal Reserve's emergency measures. 2020-03-16
The United Kingdom's largest retailer Tesco say they will be restricting the sale of essential food and household items in response to fears of mass panic buying. 2020-03-9