By Leika Kihara TOKYO (Reuters) – Asia’s economic growth this year will grind to a halt for the first time in 60 years, as the coronavirus crisis takes an “unprecedented” toll on the region’s service sector and major export destinations, the International Monetary Fund said on Thursday. Policymakers must offer targeted support to households and […]
NEW YORK (Reuters) – The Federal Reserve Bank of New York has retained two financial firms to manage and run its new commercial paper funding facility, according to a statement on the bank’s website. The New York Fed hired Pacific Investment Management Company (PIMCO) to serve as investment manager for the facility https://www.newyorkfed.org/markets/commercial-paper-funding-facility/commercial-paper-funding-facility-faq, which will […]
Ramzan Kadyrov says his time 'is also coming' We use your sign-up to provide content in ways you’ve consented to and to improve our understanding of you. This may include adverts from us and 3rd parties based on our understanding. You can unsubscribe at any time. More info Potential rivals are now jockeying for position […]
