China’s economy is expected to grow 1.9% this year, almost twice as much as previously forecast, the International Monetary Fund said Tuesday, tagging the superpower as the only major nation likely to expand in the face of the coronavirus.
News, market analysis, investment scam prevention tips and more. Investors Diurnal is your financial and world news website. Get the latest breaking news 27/4 from all over the globe. Your ticket to successful wealth management.
MADRID (REUTERS) - Spain has reported nearly 28,000 new coronavirus cases since Friday (Oct 9), bringing the cumulative total to 888,968, health ministry data showed on Monday. The death toll from the virus rose by 195 from Friday to a total of 33,124. Spain does not report its coronavirus data during the weekend. The number of new cases has stabilised since the peak on Sept 18 when there were 16,000 cases in one day. The number of deaths reported on Friday was 241. Related Stories:
WASHINGTON (REUTERS) - The US Senate will vote on Wednesday (Oct 21) on a US$300 billion (S$407.7 billion) Senate Republican coronavirus relief Bill that is far below the estimated US$2 trillion that Democrats have demanded. The Bill, dubbed a "skinny" relief Bill for its pared-down funding, was already rejected by Democrats in September and is again expected to fail. Senate Majority Leader Mitch McConnell said in a statement on Saturday that the vote would follow a standalone vote on additional Paycheque Protection Programme (PPP) funds on Tuesday. House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin spoke for an hour and 15 minutes on Saturday evening and their staff "will continue discussions, and they have agreed to speak again on Monday", Treasury spokesman Monica Crowley said on Twitter. Pelosi spokesman Drew Hammill said that there was progress on coronavirus testing but "there remains work to do to ensure there is a comprehensive testing plan". He added there are numerous other differences "that must be addressed in a comprehensive manner in the next 48 hours". Mr Hammill also said "decisions must be made by the White House in order to demonstrate that