Sources: BBC News
The Reserve Bank of Australia slashes its official cash rate to a historic low 0.1%, in an attempt to boost spending in the economy and address the high rate of unemployment caused by the COVID-19 pandemic. It is also expected that the cash rate will not go up for at least another three years. 2020-11-3
Impact of the COVID-19 pandemic on the restaurant industry in the United States2020-09-11
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. 2020-09-2
Vice Chancellor and Federal Finance Minister Olaf Scholz announces a plan to loan around €218 billion ($258bn) for a bailout to mitigate the impact of the country's recession caused by the pandemic, thereby suspending the debt brake. 2020-08-21
The Spanish economy suffers a historically large fall in the second quarter of 18.5% of GDP and enters in recession, making Spain the Eurozone country most economically devastated by the pandemic. 2020-07-31
Apple Inc. says it will close all of its stores outside China for two weeks in response to the coronavirus pandemic, according to its CEO Tim Cook. 2020-03-14
The Dow Jones Industrial Average plunges 1,400 points and enters a bear market. 2020-03-11
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
Markets are on pace for their worst week since the 2008 financial crisis. 2020-02-27