THE U.S. REQUIRES AROUND $3 TRILLION IS FISCAL STIMULUS TO REVIVE ITS ECONOMY: ECONOMIST

Highlights

• This $3 trillion should be spent on programs like incentivizing businesses to increase remote working capabilities and helping the unemployed find jobs in companies with viable business models said William Lee

• Lee said all the programs that are being i...

EU LEADERS REACH ON AN AGREEMENT OVER COVID – 19 RECOVERY PLAN

Highlights

• 390 billion euros will be distributed in the form of grants 
• Member states will develop a plan on investment of new funds 

Following talks in Brussels over new fiscal stimulus, the 27 European Un...

IMPROVED RISK SENTIMENT AND FISCAL STIMULUS HELPED STERLING RISE ON MONDAY

Highlights –

• Improved risk sentiment and fiscal stimulus helped sterling rise on Monday.
• The British pound rose by about 2% this month.
• Against the euro, the pound was 0.2% weaker at 89.67 pence.
• Investors are still worrie...