Airbnb bans house parties and limits almost all listed venues to 16 people as it tries to comply with gathering restrictions.

AirBnB bans all house parties worldwide © BBC News

The economy officially enters a recession for the first time since 1991 after the Bureau of Statistics reports a 7% decline in GDP over the second quarter, the largest fall since records began in 1959.
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U.S. oil prices for May contract settle at an all-time low, finishing down over 300% to −$37.63 per barrel.
2020-04-20

Airbnb secures a 1{{nbsp}}billion loan to stay afloat as the pandemic causes worldwide demand for its services to drop. This follows a separate bond deal, also worth US$1 billion, it negotiated last week for similar reasons.
2020-04-14

G20 finance ministers said they will present an action plan to address the debt vulnerabilities, as well as delivering financial aid to emerging economies.
2020-03-31

President Trump signs the Families First Coronavirus Response Act into law to provide economic relief to families affected by the coronavirus pandemic.
2020-03-18

Renault announces that it is halting all production at its industrial sites in France until further notice because of the coronavirus pandemic.
2020-03-16

The Dow Jones Industrial Average enters correction territory after plunging 700 points at opening.
2020-02-27

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2020-08-20

COVID-19 pandemic

Airbnb bans house parties and limits almost all listed venues to 16 people as it tries to comply with gathering restrictions.

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