FILE PHOTO: People in facial masks are seen in the Sanlitun shopping area after the outbreak of coronavirus disease (COVID-19) in Beijing, China, on July 1, 2020. REUTERS / Tingshu Wang BEIJING (Reuters) – China registered eight new coronavirus cases for July 4, up from three the day before, the …
Read More »BoE Governor Warns Lenders About Challenges Of Negative Interest Rates
FILE PHOTO: Bank of England Governor Andrew Bailey poses for a photo on the first day of his new role at the Central Bank of London, Britain, March 16, 2020. Tolga Akmen / Pool via REUTERS (Reuters) – Bank of England (BoE) Governor Andrew Bailey wrote a letter to lenders …
Read More »Amid strong job growth in June, signs of a US recovery.
(Reuters) – The US economic recovery, After two months of faster-than-expected job gains, may stumble as a surge in new coronavirus infections prompts states to delay and, in some cases, reverse plans to allow stores to reopen and activities to resume. FILE PHOTO: Hundreds of people line up in front …
Read More »Hydroxychloroquine COVID-19 Global Prevention Trial to Resume
LONDON (Reuters) – A global trial designed to test whether antimalarial drugs hydroxychloroquine and chloroquine can prevent COVID-19 infection, will restart after being approved by British regulators. FILE PHOTO: A pharmacist shows a box of hydroxychloroquine at CHR Center Hospitalier Regional de la Citadelle amid coronavirus disease (COVID-19) in Liège, …
Read More »Powell, Mnuchin enters the lion’s den again to discuss the response to the pandemic
WASHINGTON (Reuters) – US lawmakers on Tuesday will have another chance to criticize the heads of the Federal Reserve and Treasury over the effectiveness of the nearly $ 3 trillion in emergency aid apportioned to stem the economic consequences of the new coronavirus pandemic . FILE PHOTO: Federal Reserve Chairman …
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