Foreign Affairs
Fitch warns about possible Dutch banks rating downgrade
Credit rating agency Fitch warns that the corona crisis could have adverse consequences for the creditworthiness of Dutch banks. The company is more gloomy about ING, Rabobank and…
Continue ReadingG20 to hold emergency video conference
The G20 trade ministers, the economies of the twenty major industrial countries, will hold emergency talks on Monday about the corona crisis via a video link. It has…
Continue ReadingGerman business confidence gets a further downgrade
The confidence of German entrepreneurs has plummeted even more than previously assumed, under pressure from the corona crisis in March. The leading research institute Ifo reported this on…
Continue ReadingEconomic reforms in doubt as COVID-19 hits Ukraine
Measures to tackle the COVID-19 pandemic in Ukraine should include urgent progress on income-generating laws, experts warn. The newly appointed Cabinet of Ministers is yet to clarify the…
Continue ReadingGerman confidence evaporates as corona virus spreads over the country
German business confidence in the economy fell sharply in March due to concerns about the corona crisis. The leading research institute Ifo reported it on the basis of…
Continue ReadingAirbus halts the production in France and Spain
European aircraft manufacturer Airbus will shut down production at its factories in France and Spain for four days due to the outbreak of the new corona virus. According…
Continue ReadingAsian, Australian banks in full crisis mode
Central banks in Asia have entered crisis mode, after the US central banks’ umbrella surprised markets late last Sunday with a sharp fall in interest rates. All policies…
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