$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...

US CONGRESS ANNOUNCES $2.3 TRILLION SPENDING PACKAGE

Highlights

• The year’s spending bill is inclusive of $740.5 billion in defense spending and $664.5 billion for domestic programs

• This $2.3 trillion spending package includes $1.4 trillion omnibus bill, which is based on a 2019 spending bill

• ...

U.S. PRESIDENT TRUMP OFFERS HOUSE SPEAKER PELOSI A $1.8 TRILLION CORONAVIRUS RELIEF PACKAGE

Highlights

• After weeks of negotiations between the House Speaker and U.S. Treasury Secretary Steven Mnuchin, the President of the United States, Donald Trump has offered a $1.8 trillion coronavirus relief package to the House Speaker Nancy Pelosi

• According to the...

GOP’S COVID RELIEF PLAN: A $1 TRILLION BILL THAT WILL INCLUDE $1200 STIMULUS

Highlights:

•       Republicans to announce a $1 trillion coronavirus relief plan

•       The republicans are releasing the relief package 2 months after the Democrats

The Democrats passed a $3 tri...

P24-B Loan SIGNED BETWEEN PHILIPPINES AND JAPAN

HIGHLIGHTS

• Philippines and Japan have signed an agreement according to which, Philippines would receive P24-billion from Japan.
• Terms of agreement stipulate economic relief to Filipinos who were affected by the global health crisis.

...

BUREAUCRATIC LOGJAM DELAYS JAPAN'S $1 TRILLION CORONAVIRUS AID

HIGHLIGHTS

• Due to coronavirus pandemic, businesses shut down and that is why there was no revenue. Thus, most businesses reached the stage of shutting down.
• Many businesses failed and many were taken over by Chinese companies.
• To save Japan...

BENGALURU: KARNATAKA GOVERNMENT ANNOUNCES PACKAGE WORTH Rs 1,610 CR

Highlights

• This relief package will provide benefits to all the people and businesses that are immensely affected by the coronavirus lockdown

• Karnataka Chief Minister BS Yediyurappa stated that small self-employed individuals and farmers are among most affected

WHO CHIEF ALL PRAISES FOR MODI’S Rs $24 Bn SOCIAL WELFARE PROGRAM

Highlights: 

• In the light of the coronavirus lock down the Indian economy is suffering 
• People have lost jobs and the daily wage earner has 
• The package announced by Modi will take care of the basic needs of the poor and needy.