Economic stimulus

Prime Minister Justin Trudeau arrives for a news conference on the COVID-19 pandemic outside his residence at Rideau Cottage in Ottawa, Thursday, June 18, 2020. (Justin Tang/The Canadian Press via AP)
July 08, 2020 - 3:40 pm
OTTAWA (AP) — The Canadian government is predicting a historic CDN$343 billion (US$254 billion) deficit for 2020-21 resulting from its economic and stimulus plans to battle COVID-19. The amount, included in a fiscal “snapshot” the Liberal government released Wednesday, is a huge jump from the CDN$...
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FILE - In this Wednesday, March 11, 2020 file photo, Britain's Chancellor of the Exchequer Rishi Sunak stands outside No 11 Downing Street and holds up the traditional red box that contains the budget speech for the media, he will then leave to make budget speech to House of Commons, in London. British Treasury chief Rishi Sunak on Wednesday is set to announce a 2 billion pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. (AP Photo/Kirsty Wigglesworth, File)
July 08, 2020 - 2:54 am
LONDON (AP) — British Treasury chief Rishi Sunak on Wednesday is set to announce a 2-billion-pound ($2.5 billion) program to create jobs for young people as the government tries to revive an economy battered by the COVID-19 pandemic. Announcement of the funding, which will create government-...
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FILE - In this Friday, April 17, 2020 file photo, a health worker arrives to take a nose swab sample as part of testing for the COVID-19 coronavirus at a nursing and rehabilitation facility in Seattle. Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy in 2020. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? (AP Photo/Ted S. Warren)
July 04, 2020 - 8:30 am
NEW YORK (AP) — Nursing home residents are among the Americans getting $1,200 checks as part of the U.S. government’s plan to revive the economy. But with many long-term care facilities under lockdown to prevent COVID-19 outbreaks, what are the rules around how the money is handled? The situation...
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Outgoing French Prime Minister Edouard Philippe, left, applauds newly named Prime Minister Jean Castex, after the handover ceremony in Paris, Friday, July 3, 2020. French President Emmanuel Macron on Friday named Jean Castex, who coordinated France's virus reopening strategy, as the country's new prime minister as the country focuses on reviving an economy hard-hit by the pandemic and months of strict lockdown. (Thomas Samson, Pool via AP)
July 03, 2020 - 12:26 pm
PARIS (AP) — The new French prime minister appointed Friday said he feels ready to face the key challenge of reviving France's economy following the damage caused by the coronavirus pandemic and a two-month nationwide lockdown. The relatively low-profile Jean Castex, who coordinated France’s virus...
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Democratic presidential candidate, former Vice President Joe Biden speaks at Alexis Dupont High School in Wilmington, Del., Tuesday, June 30, 2020. (AP Photo/Patrick Semansky)
July 03, 2020 - 5:04 am
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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President Donald Trump swings a baseball bat during the Spirit of America Showcase at the White House, Thursday, July 2, 2020, in Washington. (AP Photo/Evan Vucci)
July 02, 2020 - 10:44 pm
NEW YORK (AP) — The U.S. economy just posted its best single-month job gain in history. U.S. unemployment is at one of its worst points since the Great Depression. Both are true. As Republicans and Democrats fought to spin Thursday's jobs numbers to their advantage, both sides face tremendous...
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A currency trader watches monitors at the foreign exchange dealing room of the KEB Hana Bank headquarters in Seoul, South Korea, Friday, June 26, 2020. Asian stock markets followed Wall Street higher on Friday after U.S. regulators removed some limits on banks' ability to make investments. (AP Photo/Ahn Young-joon)
June 26, 2020 - 1:35 pm
Stocks fell sharply on Wall Street Friday as the number of confirmed new coronavirus cases in the U.S. hit an all-time high, stoking worries among investors that the reopening of businesses they are banking on to revive the economy will be derailed. The S&P 500 slid 2%, giving up all of its...
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Builders work on ascaffolding in London, Wednesday, June 17, 2020. After the easing of lockdown during the COVID-19 pandemic, most construction companies have restarted their business but official figures show that the British economy shrank by a colossal 20.4% in April, the first full month that the country was in its lockdown. (AP Photo/Frank Augstein)
June 18, 2020 - 12:55 pm
LONDON (AP) — The Bank of England unveiled another big stimulus package for the U.K. economy as it tries to limit the scale of the coronavirus recession, which it now believes will be “less severe” than it feared last month. In a statement Thursday, the bank’s policy making panel said it was...
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German Chancellor Angela Merkel attends a special cabinet meeting of the German government about the a stimulus program to booster the German economy after the coronavirus lockdown, at the chancellery in Berlin, Germany, Friday, June 12, 2020. (AP Photo/Markus Schreiber, Pool)
June 12, 2020 - 5:31 am
BERLIN (AP) — Germany’s Cabinet has approved a temporary cut in value-added tax starting next month in a bid to boost consumer demand in Europe’s biggest economy, a centerpiece of the country’s 130 billion-euro ($148 billion) stimulus package. The finance minister made clear Friday that he doesn't...
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People wearing face masks to protect against the new coronavirus walk at a government event aiming to stimulate consumer demand and consumption in Beijing, Saturday, June 6, 2020. China's capital is lowering its emergency response level to the second-lowest starting Saturday for the coronavirus pandemic. That will lift most restrictions on people traveling to Beijing from Wuhan and surrounding Hubei province, where the virus first appeared late last year. (AP Photo/Mark Schiefelbein)
June 06, 2020 - 9:59 pm
BEIJING — China has reported its first non-imported case of the new coronavirus in two weeks, an infected person on the island of Hainan off the southern coast. The National Health Commission said Sunday that there were also five imported cases in the previous 24-hour period, bringing the nation’s...
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