International Monetary Fund

European Commission lends up to EUR 100 billion to finance temporary unemployment | Economy | Money

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October 07, 2020 19u10 Source: Belga Photo News Archive image. President of the European Commission Ursula von der Leyen. (04/02/2020) – Economy The European Commission will start issuing social bonds in the second half of October to finance the temporary unemployment schemes used by Member States in the outbreak of the corona pandemic. The Commission … Read more

Conte and Draghi’s proposal (thrown away a bit at random) for the EU commission

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One could still hear the echo of the applause with which the European Council had greeted Mario Draghi’s leave from the ECB presidency, when Giuseppe Conte asked to meet the man who with his “whatever it takes” had saved the euro and the Union from monetary and political default. The image of the heads of … Read more

Ilja Leonard Pfeijffer on the lessons of the lockdown: it was impossible to do the right thing

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It was Stella’s idea, as all really good ideas come from her. It was the first week of March. It became clear that the Lombardy region of northern Italy, not far from Genoa, where I live, had become an uncontrollable source of contamination from the new virus SARS-CoV-2, which had spread from China. The hospitals … Read more

Banking sources explain to Masrawy the reasons for the return of the dollar to decline in volume

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02:08 PM Monday 08 June 2020 – I wrote – Manal Al-Masry: The dollar exchange rate against the pound returned to decline again after a series of rallies that began in mid-May. The exchange rate of the dollar fell against the pound in the mid-day trading today, Monday, after the banks increased their pace to … Read more

The deadline set for an agreement on Argentine debt has expired

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Our readers are WhatsApp users You can now follow the latest news for free through the WhatsApp applicationClick here to subscribe — Buenos Aires: A deadline set for Argentina to reach an agreement with its international creditors to restructure its debt and avoid default is over, Friday without any formal announcement, but negotiations continue until … Read more

Why is the number of infections in Africa so low?

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When South Africa’s chief epidemiologist, Professor Salim Abdool Karim has arrived at his ninth slide, he pauses. That way, everyone can take in the curious difference between the north and south of the world during the Covid-19 outbreak. In orange the steep curve of the United Kingdom, now with nearly 90,000 infections and more than … Read more

Corona is not the worst nightmare of the world economy … 6 crises have struck one of them

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12:58 am Sunday 29 March 2020 – Books – Mohamed Safwat The repercussions of the new Corona epidemic (Covid-19) continue to hit the global economy strongly, after several countries were forced to announce the complete closure, to face the epidemic that claimed the lives of nearly 25 thousand people around the world. On Friday, the … Read more

How was the Argentine president forced to violate his market trends?

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Foreign currency restrictions are inconsistent with Macri’s open market policy Last updated: Wednesday 5 Muharram 1441 AH – September 04, 2019 KSA 13:34 – GMT 10:34 Posted on: Wednesday 5 Muharram 1441 AH – September 04, 2019 KSA 12:02 – GMT 09:02 Source: Dubai – Maya Gridini – The defeat of Argentine President Mauricio Macri … Read more