A trader wears a face mask on the floor of the New York Stock Exchange after traders testing positive for the novel coronavirus, COVID-19, in New York, March 19, 2020.UBS says that a deep recession in Europe is now its base case scenario despite heavy fiscal and monetary stimulus.
"A European recession appears inevitable – the question is how deep and long it will be," said UBS economists in a research note. The Swiss bank said that the continent's economy could shrink by as much as 4.5% similar to the global financial crisis in 2008 in a research note. In recent weeks, the European Central Bank hasin a bid to boost countries which have been adversely impacted by coronavirus.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
in such a critical moment for COVID19 , while there are bombings outside, it is strongly suggested to keep the Market Stock Exchange open.. Very clever decision.
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Forbes Under 30 Europe: Meet The European Finance Leaders Of TomorrowEuropean Finance is alive with talent and connectivity as a new generation of entrepreneurs collide with the old structures of a once static system.
Source: Forbes - 🏆 394. / 53 Read more »
Coronavirus: YouTube follows Netflix and cuts Europe streaming quality - Business InsiderYouTube and Amazon Prime are following Netflix by reducing streaming quality in Europe to prevent traffic overload in face of coronavirus pandemic I still remember dial up. 😁 I can almost guarantee they’ll reduce the subscription price to match aswell like all good corporations do
Source: BusinessInsider - 🏆 729. / 51 Read more »
Coronavirus: UK lockdown 'inevitable' as Brits flock to public spaces - Business InsiderA full coronavirus lockdown now looks 'inevitable' for the UK as the public continues to flock to public spaces despite a surge in COVID-19 deaths Heard of Car Pooling. Now consider Respirator pooling amongst the over 60's. With Boris in charge respirators will most likely be allocated to younger Covid-19 cases.
Source: BusinessInsider - 🏆 729. / 51 Read more »
Instagram Models Say Business Is Taking a Hit From CoronavirusInstagram model business taking hits from coronavirus pandemic. Cry me a river Oh no, now they might need to get real jobs. Oh no. Poor thing... 😭
Source: TMZ - 🏆 379. / 59 Read more »