OTTAWA – Canada’s deficit is growing at the fastest rate in developed countries as it seeks to boost its economy during the Covid-19 epidemic. Canadian officials are betting that the aggressive approach will pay off, focus on the number of jobs already received, and argue that the country can finance …
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Treasury Secretary Steven Munuchi refused to extend some of the emergency loan programs jointly established with the Federal Reserve, which is due to expire on December 31. The Fed’s corporate credit, municipal financing and main street financing programs will not be renewed, Mr. Muchin said Thursday. The central bank expressed …
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The Bulls assure the American consumer – and the stock market – will hold a fine, even if politicians fail to allow a second round of financial stimulus before next month’s election. Some economists, however, are skeptical about how much electricity consumers will be able to buy after the accepted …
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File – This September 2020 photo, provided by Johnson & Johnson, shows a single-dose COVID-19 vaccine being developed by the company. A.P. European stocks held lower on Tuesday, with traders losing momentum after halting key coronavirus trials waiting for earnings from some of the world’s leading banks. Stocks Europe 600 …
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WASHINGTON – The U.S. recorded its largest monthly trade deficit since August 2006 as consumer goods imports returned to pre-epidemic levels, adding evidence of a reversal in global trade. U.S. The trade deficit widened by 5.9% to 1 1.1 billion since July, the widest gap since August 2006, the Commerce …
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