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
Dubai-based airline Emirates announces that it will be suspending all passenger flights effective March 25 in response to the coronavirus pandemic, but will continue to operate cargo flights for essential goods. 2020-03-22