BRUSSELS (Reuters) – Hungarian Prime Minister Viktor Orban said Sunday that Dutch leader Mark Rutte was responsible for the impasse at a European Union summit, where leaders were due to haggle for the third day on a vast stimulus plan to their economies affected by the coronavirus. . Hungarian Prime …
Read More »Viktor Orban says “the Dutchman” is responsible for the mess at the EU summit
BRUSSELS (Reuters) – Hungarian Prime Minister Viktor Orban said Sunday that Dutch leader Mark Rutte was responsible for the impasse at a European Union summit, where leaders were due to haggle for the third day on a vast stimulus plan to their economies affected by the coronavirus. . Hungarian Prime …
Read More »G20 officials pledge to continue cooperating to boost global economy
RIAD / WASHINGTON (Reuters) – Finance officials from the Group of 20 major economies on Saturday pledged to continue to use “all available policy tools” to combat the coronavirus pandemic and strengthen the global economy, warning that the outlook remains highly uncertain . Saudi Finance Minister Mohammed al-Jadaan wears a …
Read More »China’s economy recovers after sharp decline, weak demand, US tensions increase risks
BEIJING (Reuters) – China’s economy grew again in the second quarter after a deep depression earlier in the year, but an unexpected weakness in domestic consumption underscored the need for more political support to boost recovery after the impact of the coronavirus crisis. Asian equity markets and the Chinese yuan …
Read More »Retail sales in the United States decline; high unemployment, COVID-19 rise looms over recovery
WASHINGTON (Reuters) – US retail sales rose more than expected in June as consumers bought high-priced items like motor vehicles and went out to dinner, but a resurgence in new COVID cases- 19 is impacting the budding recovery, keeping 32 million Americans unemployed benefits. Economists attributed the second consecutive monthly …
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