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EU blasted as ‘overbearing empire’ after it tries to block new UK trade deals
Gove says Brexit prep made UK better prepared for Covid The European Commission has proven why Britain was “right to vote for Brexit”, Conservative MPs have claimed after a new row broke out over an attempt to block new trade deals. It comes as Brussels bureaucrats have “advised” EU states “not to respond” to an […]
IMF says China needs more fiscal, monetary support to fight COVID slowdown
FILE PHOTO: A participant stands near a logo of IMF at the International Monetary Fund – World Bank Annual Meeting 2018 in Nusa Dua, Bali, Indonesia, October 12, 2018. REUTERS/Johannes P. Christo/WASHINGTON (Reuters) -The International Monetary Fund said on Thursday that China needs to add more fiscal and monetary policy support to combat an economic […]
Bank of England ramps up bond-buying, cuts rates to near zero
By William Schomberg and David Milliken LONDON (Reuters) – The Bank of England promised 200 billion pounds of bond purchases and cut its key interest rate to 0.1% in a second emergency move in just over a week to try to mitigate the hit to Britain’s economy from the coronavirus outbreak. As central banks scramble […]