Author: Administrator_India

Fed, BoE push deeper into uncharted territory in face of coronavirus slump

By Administrator_India Capital Sands The U.S. Federal Reserve and the Bank of England ramped up their emergency responses to the world’s escalating coronavirus recession on Thursday as they pushed deeper into territory once considered fraught with risk for central bankers….

COVID-19 cases and deaths rising, debt relief needed for poorest nations

By Administrator_India Capital Sands The head of the World Health Organization voiced deep concern on Wednesday about the rapid escalation and global spread of COVID-19 cases from the new coronavirus, which has now reached 205 countries and territories. WHO Director-General…

India and Pakistan crack down on Muslim group emerging as COVID-19 cluster

By Administrator_India Capital Sands India and Pakistan sealed off centers belonging to a Muslim missionary group on Tuesday and began investigating how many coronavirus cases were linked to its activities. Tablighi Jamaat is a Deobandi Sunni Muslim missionary movement that…

Singapore eases monetary policy sharply as virus heralds deep recession

By Administrator_India Capital Sands Singapore’s central bank aggressively eased its monetary policy on Monday, as widely expected, with the city-state’s bellwether economy bracing for a deep recession due to the coronavirus pandemic. The Monetary Authority of Singapore manages monetary policy…

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