16 hours ago by postcourier.com.pg
The national government, through its major economic agency the Treasury Department, is currently working its way around the dynamics involved in accessing vital support from development partners and agencies around the world in the event the country confirms any cases of the current coronavirus issue that has impacted more than 60 countries around the globe. read more...
The Dow industrials posted the largest-ever points drop on Thursday as Wall Stre...
U.S. government debt prices were higher Friday morning as investors dumped riskier assets and searched for safer options amid the coronavirus outbreak.
"G-7 finance ministers are ready to take actions, including fiscal measures where appropriate, to aid in the response to the virus and support the economy," the statement read.
The benchmark bond yield fell even after the Fed announced an emergency rate cut Tuesday to protect the US economy from slowing due to coronavirus.
U.S. government debt prices rose again on Wednesday morning, though yields remained slightly above the previous session's record lows.
Australia's Treasury Department estimates the coronavirus will subtract at least half a percentage point off growth in the first quarter of 2020, but it said it is too early to make a longer-term assessment of the impact of the virus.
Coronavirus to lower Australia first-quarter GDP by 0.5 percentage point - Treasury
Australia's Treasury Department estimates the coronavirus will detract at least half a percentage point off growth in the first quarter of 2020, but says it is too early to make a longer-term assessment of the impact of the virus.
The national government, through its major economic agency the Treasury Department, is currently working its way around the dynamics involved in accessing vital support from development partners and agencies around the world in the event the country confirms any cases of the current coronavirus issue that has impacted more than 60 countries around the globe.