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World News Story: Economy Grew at 2.1% Rate in 4Q as Big Drop Looms

The economy grew by a moderate 2.1% in the fourth quarter of last year, but many economists believe that will be the last positive growth seen for some time as the country endures a sharp contraction due to the coronavirus.


Posted: 2020-03-26 18:14:56

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World News Story: Economy Grew at 2.1% Rate in 4Q as Big Drop Looms | Newsmax Live Newscast | RobinsPost News Network - Newscast

Gulf banks put brakes on lending as dollar liquidity crunch looms

Wed, 01 Apr 2020 05:46:00 GMT

Like banks around the world, Gulf lenders face an expected drop in loan growth in crisis-affected industries such as retail ... Dollar deposits in Saudi Arabia have become more expensive, as the Saudi ...

Residential and commercial tenants call for relief as coronavirus rental crisis looms

Fri, 27 Mar 2020 12:40:00 GMT

The spread of coronavirus across Australia could see unemployment reach about 10 per cent and house prices drop 20 per cent ... outbreak Download the ABC News app and subscribe to our range ...

Brazil headed for 'whatever it takes' QE as coronavirus crash looms

Fri, 27 Mar 2020 04:28:00 GMT

Inflation is undershooting the central bank's target and inflation expectations continue to decline, despite a 20% depreciation in the exchange rate this year ... But not everyone regards QE as ...

Coronavirus NSW live updates:190 new COVID-19 cases

Wed, 25 Mar 2020 00:32:00 GMT

This coronavirus article is unlocked and free to read in the interest of community health and safety. For full access to the Daily Telegraph journalism, subscribe here.

Despite steady sales in Toronto and Montreal, coronavirus looms over Canada’s real estate market

Sat, 21 Mar 2020 05:00:00 GMT

It’s a similar story in Montreal ... of Canada’s interest-rate cut of 50 basis points on March 4 was cut short when the risk of becoming infected by the virus increased and the news turned more dire.

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