By John Revill ZURICH (Reuters) – The coronavirus outbreak is fuelling investor demand for the Swiss franc, Swiss National Bank vice-chairman Fritz Zurbruegg said, with the impact on the country’s economy depending on how much the virus spread. “We assume that the increased uncertainty due to the coronavirus plays a role,” Zurbruegg told Swiss newspaper […]
DUBAI (Reuters) – Dubai will inject funding into state-owned Emirates, one of the world’s biggest long-haul carriers, the crown prince said on Tuesday, as the government joined others in offering financial aid to airlines. Several states have stepped in to help airlines hammered by the coronavirus pandemic that has virtually halted international travel, with the […]
CAIRO (Reuters) – Sudan has passed its 2020 budget that includes an overall deficit of about 73 billion Sudanese pounds ($1.62 billion), Finance Minister Ibrahim Elbadawi said on Sunday. The country’s ruling sovereign council and Cabinet agreed the budget – the country’s first since the toppling of longtime ruler Omar al-Bashir, whose final years in […]
