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Allianz's American asset management unit pleads guilty to criminal securities fraud and agrees to pay $5.8 billion to those who have been misled about the risk of investing in some hedge funds that collapsed with the beginning of the COVID-19 pandemic, in addition to more than $1 billion to the Securities and Exchange Commission.
2022-05-17

The Italian government signs a large package of investment and reforms that will be financed by the European Union’s €800 billion recovery fund, of which the country received €191.5 billion including €69 billion of grants.
2021-04-25

The United States House of Representatives votes 219-212 to pass U.S. President Joe Biden's $1.9 trillion relief package, which would provide $1,400 in direct payments. The bill will head to the Senate for a vote.
2021-02-26

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

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

Japan suffers its biggest economic slump on record as its economy's GDP fell 7.8% in April-June quarter.
2020-08-17

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

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

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