"The fundamentals of the U.S. economy remain strong," Powell said in a mid-day statement.
Mnuchin and Powell lead teleconference call that vows G-7 will use "all appropriate policy tools to achieve strong, sustainable growth and safeguard against downside risks."
'Because an infectious-disease threat anywhere can be a threat everywhere, we call on other donors to contribute to the effort to combat COVID-19 as well'
Libya’s eastern-based government linked to the Libyan National Army led by General Khalifa
G7 finance officials will on Tuesday discuss ways to bolster their economies aga...
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move desi...
The organisation said it would prioritise the poorest countries in their response to the crisis.
The World Health Organization (WHO) on Tuesday warned of a global shortage and p...
The U.S. Federal Reserve cut interest rates on Tuesday in an emergency move to s...
Aliko Dangote Foundation (ADF) has pledged N200 million to support the FG’s effort at containing the spread of Coronavirus in the country.
Cameroon attacker Christian Bassogog has announced he will donate 10m CFA Francs...
Rolling coverage of the latest economic and financial news
Passengers were today told to wash their hands after travelling on the Tube as Mayor Sadiq Khan said he had “no plans” to shut London’s transport network. The Government’s chief medical officer Chris Whitty said it was possible to catch Covid-19 by touching a handrail in a carriage or bus, which had been contaminated. However, Professor Whitty stressed that this risk could be eliminated by people washing their hands before touching their faces....