Search result for Stimulus Package
Attempts to combat inflation and a depreciating currency in Japan may require a $30 trillion stimulus package
Towards that end, a top legislator from the ruling party has suggested that Japan set its sights on roughly 30 trillion yen for the new economic package that will be drafted later this month.
After meeting with Prime Minister Fumio Kishida, Liberal Democratic Party policy head Koichi Ha...
AT $61K PER UNIT BTC CONTINUES TO RALLY HIGHER
Highlights:
• BTC continues to receive institutional support
• The Federal government’s covid stimulus package also b...
THE US HOUSE PASSES $1.9 TRILLION COVID RELIEF PLAN PROPOSED BY PRESIDENT BIDEN
Highlights
• This relief package is intended to fund vaccinations, local governments, and several million families that went off track because of the COVID-19 pandemic
• This approval came four days after the COVID-19 death toll went past 500,000 in the United States...
$1.9 TRILLION STIMULUS PACKAGE’S FINAL BILL BEING DRAFTED
Highlights:
• Biden’s stimulus package will be the first delivery of his promises
• The bill has to be passed as soon...
TOKYO STOCKS END HIGHER ON TUESDAY OVER THE U.S COVID-19 STIMULUS PACKAGE
Highlights –
- Tokyo stocks end higher on Tuesday over the U.S COVID-19 stimulus package.
- The 225-issue Nikkei Stock Average ended up at 391.25 points.
- Topix index of all First Section issues on the TSE ended at 10.35 points.
U.S. PRESIDENT-ELECT JOE BIDEN ANNOUNCES $1.9 TRILLION STIMULUS PLAN TO REVIVE ECONOMY
Highlights
• This package includes $415 billion that will be used specifically for battling the coronavirus pandemic along with more than $1 trillion in direct aid to individuals and families
• Completing this promise about increasing the amount of stimulus checks, t...
US PRESIDENT-ELECT JOE BIDEN IS PLANNING TO SPEND $1.5 TRILLION TO BOOST ECONOMY
Highlights
• Immediately after the Democrat takes charge of the office on January 20, his administration will work closely with Congress on this stimulus package
• According to the sources, the stimulus package is said to be over $1.5 trillion and includes $1,400 sti...
TOKYO STOCKS END LOWER ON THURSDAY OVER UNCERTAIN U.S ECONOMIC STIMULUS
Highlights –
- Tokyo stocks end lower on Thursday over uncertain U.S economic stimulus.
- The 225-issue Nikkei Stock Average ended at 61.70 points.
- Topix index of all First Section issues on the TSE at 3.21 points.
- Stock i...
TOKYO STOCKS FALL ON THURSDAY OVER LOCKED IN PROFITS; NIKKEI HIGH
Highlights –
- Tokyo stocks fall on Thursday over locked in profits; Nikkei high.
- The 225-issue Nikkei Stock Average was down at 88.97 points.
- Topix index of all First Section issues on the TSE was down at 2.21 points.
- Stock ...
U.S. STOCKS SLUMP AGAIN, S&P 500 HEAD TOWARDS FOURTH WEEK OF LOSSES
Highlights
• The Dow Jones Industrial Average index slumped 0.2 percent on Friday morning, while the broader S&P 500 index also fell 0.2 percent continuing to post losses for fourth consecutive week
• According to the statement issued by the Commerce Department o...
860,000 JOBLESS CLAIMS IN LAST WEEK: THE U.S. DEPARTMENT OF LABOR
Highlights
• Last week’s jobless claims remained below the psychological 1 million mark and this is an encouraging sign
• The federal reserve on Wednesday decided to keep monetary policy loose for the immediate future and also make no changes to the interest ra...
WITH NO CORONAVIRUS STIMULUS AID IN SIGHT, USCIS WILL LAY OFF TWO-THIRDS OF ITS EMPLOYEES
Highlights:
• The USCIS has been hit post the suspension on visas and green card issuance as it stopped its revenue generation source
• The agency has no funds to keep itself solvent ...
TRUMP SIGNS EXECUTIVE ORDER AND ISSUES STIMULUS PACKAGE AS CONGRESS FAILS TO REACH A CONSENSUS
Highlight:
• The House and Senates are unable to reach an agreement even after 2 weeks
• Trump had already stated that unless a decision is reached he shall take one himself
GERMAN CONSUMER SENTIMENT INDEX IMPROVES AFTER LOCKDOWN EASED
Highlights –
- German consumer index is improving slowly as lockdown restriction is eased.
- The survey showed that the index is rose to 9.6 and heading to July with positive recovery.
- Government-aided a rescue package of $842 billion to ...
EUROPEAN GOVERNMENTS NEGOTIATE OVER PROPOSAL TO TACKLE THE COVID-19 CRISIS
Highlights
- The stimulus plan has sparked division among EU nations
- The differences are over several factors including how the money should be distributed
The 27 European governments are negotiating. It is over a proposal for 750 bill...
BANK OF ENGLAND ANNOUNCES A NEW STIMULUS PACKAGE
Highlights
- It is an attempt to help the United Kingdom economy
- It is severely affected by the coronavirus pandemic
COVID – 19 pandemic has adversely affected the United Kingdom's economy. The Bank of England has announced a...
THE EUROPEAN COMMISSION’S STIMULUS PLAN, DEBATED
Highlights
- The EC has proposed a 750-billion euro stimulus plan
- It is to support the region affected by the coronavirus crisis
European Commission has proposed a 750-billion euro stimulus plan. It is to support the regio...
GERMAN GOVERNMENT HANDS $341.02 PER CHILD TO EVERY FAMILY
Highlights –
- Germany's coalition government will aid cash for families with children.
- Germany’s GDP expected to shrink by 6.3% this year due to the pandemic.
- Families will receive a one-time transfer of $341.02 for each chil...
JAPAN COMPILES A NEW STIMULUS PACKAGE TO STOP PUSHING THE ECONOMY DEEPER INTO RECESSION
Highlights
- The stimulus package is worth 117.1 trillion yen ($1.1 trillion)
- It includes significant direct spending to deal with coronavirus pandemic
A budget draft seen by Reuters showed on Wednesday that Japan will compile a new 11...
INDIAN ECONOMY TO CONTRACT FOR FIRST TIME IN OVER 40 YEARS SAYS MOODY’S
Highlights
• Global agencies like Goldman Sachs and Nomura have predicted 5 percent contraction in the Indian economy, while Bernstein expected growth of -7 percent
• Moody’s report clearly states the stimulus package announced by PM Modi will not completely re...