The Office for National Statistics says that the economy of the United Kingdom has contracted by a record 9.9% since the pandemic began, but has narrowly avoided a double-dip recession. This is nonetheless estimated to be the largest annual contraction since 1709. 2021-02-12
The International Monetary Fund reaches an agreement with the government of Ecuador to lend $6.5 billion to help fund the country's economy amid the pandemic and the subsequent fall in oil prices and finalize a debt restructuring deal with its international investors. 2020-08-28
OPEC+ holds an emergency meeting to try to agree on output cuts due to decreased demand for oil due to the coronavirus pandemic. Russia says it has "no plans to discuss oil markets with the leadership of Saudi Arabia or the U.S. on Thursday". 2020-04-9
USA Rugby files for chapter 11 bankruptcy citing "insurmountable financial constraints" amid the coronavirus pandemic. 2020-03-30
The United States Senate votes down for a second time a stimulus relief package. 2020-03-23
The bond market falls, in the first time since the financial crisis of 2007–08 that the stock and bond markets moved in the same direction, indicating a massive sell-off of portfolios as investors seek cash. 2020-03-11
The Japan Sumo Association announces its spring tournament in Osaka will take place with no spectators. 2020-03-2