Tag Archives: economy

South Korea is taking action as new virus cases increase

SEOUL, South Korea (AP) – South Korea has reported 386 new cases of coronavirus in a resurgence that could force officials to impose a ban on strong social distances in October to stimulate the unfinished economy. The country’s total number of confirmed cases has risen to 0,4033, including 303 deaths, …

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Manuchehr’s decision reduces Fed lending power, but sources say crisis programs could be revived

U.S. Treasury Secretary Steven Munuchin and Federal Reserve Chair Jerome Powell testified before the hearing on the oversight of the House Financial Services Committee (Supreme-19) overseeing the Treasury Department and the Federal Reserve’s Coronavirus Disease (COVID-19). September 22, 2020. Joshua Roberts | Pool | Reuters Trade Secretary Steve Munuchin’s decision …

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