INSUBCONTINENT EXCLUSIVE:
By Zoe Schneeweiss and Vince GolleThe Federal Reserve and several other central banks swung into action this week with rate cuts aimed at
mollifying the economic fallout from the coronavirus.
Amid the whipsaw in financial markets, US jobs figures showed an economy with plenty
of juice prior to a heightening of concerns about the virus
appeared on Bloomberg this week, offering a pictorial insight into the latest developments in the global economy.
US Global Easing in
2020The Fed delivered an emergency half-percentage point interest-rate cut on Tuesday, becoming the first central bank from a Group of Seven
economy to lower borrowing costs this year
The central banks of Canada and Australia also reduced rates.
US economy added 273,000 jobs in February despite the coronavirusEmployment
surged in February, showing the economy was on especially solid footing before the spread of the coronavirus intensified
Payrolls rose 273,000 for a second straight month, while the unemployment rate slipped back to a half-century low of 3.5 per cent .
Asia
some parents of the 3.3 million pre- and primary-school pupils stuck at home during the day
government that needs every penny to fund the biggest spending spree in years
Britain has more than 1,100 reliefs that cost more than 400 billion pounds ($517 billion) a year -- the equivalent of half of all government
Turkish farmers were the biggest losers of the last trade in 2016 spat as Putin used a ban on fruit and vegetables to help domestic
appointment to lead the European Central Bank was a landmark event in improving gender diversity in economic policy making, but global
central banks still have a long way to go: Just 14 are female-led, representing less than a third of the world economy.