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International Monetary Fund managing director Kristalina Georgieva confirms that Zambia, the first African nation to default following the COVID-19 pandemic, has agreed to a debt agreement with foreign creditors concerning US$6.3 billion of its debt.
2023-10-12

Economic impact of the COVID-19 pandemic in the United States
2021-03-30

President Rodrigo Duterte signs into law the Bayanihan to Recover as One Act, a ₱165.5 billion (US$3.4 billion) stimulus package to extend the Bayanihan to Heal as One Act.
2020-09-11

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

The Eurostat reports that consumer prices in the Eurozone have deflated from 0.4% in July to -0.2% in August, the bloc's first deflation since May 2016.
2020-09-1

The price of gold hits a record high of US$1,944 per ounce as uncertainty over the global economy grows due to a resurgence in COVID-19 cases. The previous record was set in 2011 when prices hit US$1,921 per ounce.
2020-07-27

Europe's largest coach operator Shearings collapses into administration with 2,460 immediate job losses and thousands of holidays cancelled.
2020-05-22

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