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UPDATE 1-Brazil cenbank rules out aggressive QE, says bond buying will be like FX intervention

04/20/2020 Comments Off on UPDATE 1-Brazil cenbank rules out aggressive QE, says bond buying will be like FX intervention

(Adds detail, quotes) By Jamie McGeever BRASILIA, April 20 (Reuters) – Brazil’s central bank president Roberto Campos Neto on Monday poured cold water on the prospect of widespread bond buying to help cushion the economy from the coronavirus crisis, saying

Economy

Dental clinics don’t qualify for COVID-19 small business grant in Nova Scotia

04/16/2020 Comments Off on Dental clinics don’t qualify for COVID-19 small business grant in Nova Scotia

The COVID-19 pandemic has hurt small businesses across Nova Scotia, forcing many to change its business plan or to close altogether. In a step to ease the financial burden, the provincial government rolled out the COVID-19 small business impact grant

Economy

EMERGING MARKETS-Latam stocks, FX drop as U.S. unemployment data sullies sentiment

04/16/2020 Comments Off on EMERGING MARKETS-Latam stocks, FX drop as U.S. unemployment data sullies sentiment

* Mexican peso leads losses * China Q1 GDP data eyed * Recovery in U.S. jobs to be slow -economist By Ambar Warrick April 16 (Reuters) – Most Latin American stocks and currencies slipped on Thursday after a spike in

Economy

105,000 Colorado filed for unemployment last week — that’s more than the state recorded in all of 2019

04/16/2020 Comments Off on 105,000 Colorado filed for unemployment last week — that’s more than the state recorded in all of 2019

WASHINGTON — The wave of layoffs that has engulfed the U.S. economy since the coronavirus struck forced 5.2 million more people to seek unemployment benefits last week and Colorado set a staggering new record for claims in a single week.

Economy

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