U.S. House Speaker Nancy Pelosi stated Friday that $350 billion in already-passed coronavirus legislation was insufficient for small businesses, and she wants more money in the next bill being developed now in the Democratic-run House. “I don’t think the 350 is enough for small business,” she stated on CNBC. Pelosi also called for “another direct […]

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U.S. House of Representatives Speaker Nancy Pelosi stated on Friday the House will establish a panel to manage expenses under the $2.2 trillion coronavirus relief law. Pelosi commented in an MSNBC interview when inquired about a declaration by President Donald Trump turning down elements of an arrangement in the law establishing an inspector general to […]

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The U.S. Legislature on Friday approved a $2.2 trillion aid package – the biggest in history – to assist deal with the financial slump caused by the heightening coronavirus pandemic, and President Donald Trump rapidly signed it into law. The enormous bill passed the Senate and Legislature almost all. The unusual bipartisan action highlighted how […]

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The Reserve Bank of India slashed interest rates on Friday, following other reserve banks that have taken emergency procedures to counter the financial fallout from the fast-spreading out coronavirus pandemic. The RBI stated it has chosen to keep its accommodative position as long as it is essential to restore growth and reduce the effect of coronavirus […]

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U.S. Senate Leader Mitch McConnell on Thursday presented a huge new legal package to combat the impacts of the coronavirus break out, stating Republicans would soon start negotiations with Democrats aimed at brokering an offer to pass it. McConnell stated the legislation would consist of direct financial assistance for Americans, relief for small companies and […]

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