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WHO Reports Record Single Day Climb in Coronavirus Cases

The World Health Organization (WHO) reported a one-day high in global coronavirus infections, with Iran and Indonesia reporting their deadliest days yet.

BOE’s Bailey: Negative Rates Pose Significant Challenges to Lenders

According to a story carried by the Sunday Times, the Bank of England (BOE) Governor Andrew Bailey has written a letter to lenders. In it Bailey...

ECB’s Lagarde Warns Disinflation Possible as Crisis Transforms Economic Models

Speaking about alternative growth models at a webinar on Saturday, the European Central Bank (ECB) President Christine Lagarde said that a falling trend in price pressures...

IMF Talks Stall as Financial Implosion Looms for Lebanon

Lebanon had been in talks with the IMF for a $10 billion bailout to overhaul its economy after its local currency lost some 80%...

Australian May 2020 Retail Sales better than expected with record +16.9 percent increase

The Australian Bureau of Statistics on Friday reported its preliminary estimate of retail sales have jumped 16.3% on a seasonally adjusted basis in May,...

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