COVID-19: US approves $2 trillion stimulus to fight coronavirus

Washington: The US Senate approved a historic $2 trillion rescue plan to respond to the economic and health crisis caused by the coronavirus pandemic, putting pressure on Congress to pass the bill quickly and send it to President Donald Trump for his signature. The massive legislation passed on a 96-0 vote after days of intense negotiations […]

India unveils $22.6 billion stimulus to counter coronavirus fallout

New Delhi: India’s government announced a 1.7 trillion rupee ($22.6 billion) stimulus package, as it stepped up its response to the coronavirus pandemic. The measures will include cash transfers as well as steps on food security, Finance Minister Nirmala Sitharaman said in New Delhi Thursday. The package will benefit migrant workers, she said. Asia’s third-largest […]