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Coronavirus

IMF warns cutting spending too soon could derail recovery

IMF warns cutting spending too soon could derail recovery

  • "The risk of premature withdrawal of fiscal support is the dominant risk," even more than rising debt levels, Gaspar said, noting that the economic recovery from the global financial crisis was slowed by that misstep.
Published 11 Jul, 2020 12:34am
Canada adds 952,900 jobs in June on COVID-19 reopenings
World

Canada adds 952,900 jobs in June on COVID-19 reopenings

  • "It's a pleasant high-side surprise," Doug Porter, chief economist at BMO Capital Markets. "It's a big step in the right direction."
  • Employment in the goods producing sector rose by 158,600, while the services sector gained a record 794,400 positions.
Published 10 Jul, 2020 07:36pm
40 more die of Covid-19: CM
Pakistan

40 more die of Covid-19: CM

KARACHI: Sindh Chief Minister Syed Murad Ali Shah has said that coronavirus claimed 40 more lives and infected 1538...
Published 10 Jul, 2020 02:47am