Sources: CNN
The National Congress of Brazil approves an $8 billion spending package to help deal with the second wave of the pandemic in the country. 2021-03-11
Japan's GDP contracts 4.8% in 2020, which is the first annual economic contraction since 2009 due to the impact of the pandemic. 2021-02-15
It is announced that bars in South Florida counties such as Miami-Dade and Palm Beach County will remain closed. However, bars in the rest of the state will be allowed to reopen at a 50% capacity. 2020-09-11
German economic minister Peter Altmaier reports that the country's economy is facing an "unexpected" V-shaped recovery with its GDP currently forecasted to decline by 5.8% in 2020, in contrast to an earlier projection of a 6.3% decline. 2020-09-1
The Brazilian economy officially enters a recession after the country's statistics institute reported a 9.7% decline of its gross domestic product (GDP) in the second quarter, which is the second consecutive quarter of a decline in its GDP. It is Brazil's largest quarterly drop since 1996. 2020-09-1
State-run oil company Saudi Aramco reports that profits in the first half of 2020 plunged by 50% compared to the same period last year, with decreased demand in oil caused by COVID-19 cited as the main reason by CEO Amin H. Nasser. The company plans to uphold its promise of paying out US$75 billion in annual dividends in spite of this. 2020-08-9
The U.S. Senate votes down a coronavirus relief stimulus bill. 2020-03-22
The President of the European Commission Ursula von der Leyen announces a European 25 billion euro fund to face the coronavirus crisis. 2020-03-10