The United States House of Representatives passes a $900 billion COVID-19 relief bill with a vote of 359-53. 2020-12-21
Italy approves a new $4.7 billion stimulus package in its 2021 budget to foster an economic rebound from the recession caused by the COVID-19 pandemic. 2020-10-18
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 Philippine economy falls into recession for the first time in 29 years after the economy shrank by 16.5% in the April to June quarter from the same period last year, which is the biggest slump in the government's quarterly GDP data dating back to 1981. 2020-08-6
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
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
Unemployment in the United States could reach 20 percent if sufficient action is not taken in responding to the coronavirus pandemic, Treasury Secretary Steven Mnuchin warns. 2020-03-18