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The European Commission will propose allocating €750 billion to the European Union economy to help it recover from the coronavirus crisis, German news agency DPA reported on Wednesday.
Crude oil futures fell on Monday with US futures falling more than 10% to levels not seen since 1999 amid concerns that US storage facilities will soon become full as demand fades due to the Coronavirus pandemic.
According to a Reuters poll of analysts, China is widely expected to cut its record lending rate on Monday to provide more support to the economy affected by the coronavirus, which contracted for the first time in the first quarter.
President Donald Trump set new guidelines yesterday for the United States to exit the closure due to the coronavirus in a three-step approach aimed at reviving the US economy even as the country continues to fight the epidemic.
On Tuesday US President Donald Trump cut funding to the World Health Organisation (WHO) because of its handling of the coronavirus pandemic, condemning infectious disease experts as
Brent crude futures fell to $27.93, its lowest since the beginning of April, giving up earlier gains to sustain losses from yesterday's drop of nearly more than 7%. WTI also fell to $19.19, after
The trade balance in China returned to record a surplus again in March to reach 193 billion yuan
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