{"id":31345,"date":"2020-03-19T11:33:40","date_gmt":"2020-03-19T11:33:40","guid":{"rendered":"https:\/\/tabadul.demo.ly\/en\/latest-economic-fallout-from-the-new-coronavirus-outbreak\/"},"modified":"2020-03-19T11:33:40","modified_gmt":"2020-03-19T11:33:40","slug":"latest-economic-fallout-from-the-new-coronavirus-outbreak","status":"publish","type":"post","link":"https:\/\/tabadul.tv\/en\/latest-economic-fallout-from-the-new-coronavirus-outbreak\/","title":{"rendered":"Latest economic fallout from the new coronavirus outbreak"},"content":{"rendered":"\n<p>Today,  U.S. President Donald Trump declared a national emergency over the fast-spreading coronavirus to free up<strong> $50 billion<\/strong> in federal aid to combat a disease that has infected over 138,000 people worldwide and left more than 5,000 dead. <\/p>\n\n\n\n<p>As far as the<strong> economic fallout<\/strong> is concerned, <strong>Switzerland <\/strong>will make <strong>10 billion<\/strong> Swiss francs ($10.52 billion) available in immediate aid to mitigate the economic impact of the coronavirus outbreak. <\/p>\n\n\n\n<p> The <strong>Indonesian government<\/strong> has prepared a<strong> 120-trillion-rupiah ($8.1 billion) <\/strong>stimulus package to support its economy as the spread of coronavirus disrupts global activities. <\/p>\n\n\n\n<p> <strong>Japan<\/strong>\u2019s government is expected to cut its assessment of the economy in a monthly report due later this month. <\/p>\n\n\n\n<p> <em>France <\/em>will help all companies in which the French state has a stake to weather the coronavirus crisis, its finance minister claimed, putting the growing cost of measures to soften the economic fallout at \u201cdozens of billions\u201d. <\/p>\n\n\n\n<p> <strong>Germany\u2019<\/strong>s KfW state development bank has roughly half a <strong>trillion euros<\/strong> in support available to help support Europe\u2019s largest economy, which risks being stricken by the coronavirus epidemic, the Economy Minister announced.<\/p>\n\n\n\n<p> <strong>Sweden\u2019<\/strong>s central bank issued that  it would lend<strong> up to 500 billion crowns<\/strong> <strong>($51 billion)<\/strong> to Swedish companies via banks <\/p>\n\n\n\n<p><strong> China<\/strong>&#8216;s central bank cut the cash that banks must hold as reserves on Friday for the second time this year, releasing 550 billion yuan ($79 billion) to help its coronavirus-hit economy. <\/p>\n\n\n\n<p>Conerning the <strong>markets<\/strong>, a gauge of stocks across the globe bounced back, led by a late rally on Wall Street, after U.S. President Donald Trump freed $50 billion to tackle the novel coronavirus pandemic. <\/p>\n","protected":false},"excerpt":{"rendered":"<p>Today, U.S. President Donald Trump declared a national emergency over the fast-spreading coronavirus to free up $50 billion in federal aid to combat a disease that has infected over 138,000 people worldwide and left more than 5,000 dead. As far as the economic fallout is concerned, Switzerland will make 10 billion Swiss francs ($10.52 billion) [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":31346,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9271],"tags":[9575],"class_list":["post-31345","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-coronaviruseconomy"],"_links":{"self":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31345","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/comments?post=31345"}],"version-history":[{"count":0,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/posts\/31345\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media\/31346"}],"wp:attachment":[{"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/media?parent=31345"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/categories?post=31345"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tabadul.tv\/en\/wp-json\/wp\/v2\/tags?post=31345"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}