Tag: trillion
Written by Gabriel HerveyApril 7, 2020
Japan declares COVID-19 emergency, prepares nearly US$1 trillion stimulus
News Business Article
TOKYO: Japanese Prime Minister Shinzo Abe on Tuesday (Apr 7) declared a state of emergency to fight new COVID-19 infections in major population centres and unveiled a stimulus package he described as among the world’s biggest to soften the economic blow. Abe announced the state of emergency targeting the capital Tokyo and six other prefectures – accounting
Written by Gabriel HerveyMarch 26, 2020
Senate sends House US$2 trillion coronavirus bill; vote expected on Friday
News Business Article
WASHINGTON: The US Senate’s unanimous passage of an estimated US$2.2 trillion coronavirus relief bill sent the unprecedented economic rescue legislation to the House of Representatives, whose leaders hope to pass it on Friday (Mar 27). The plan will speed direct payments on their way to Americans within three weeks, once the Democratic-controlled House passes it and
Written by Gabriel HerveyMarch 25, 2020
US Congress, negotiators reach deal on US$2 trillion COVID-19 aid package
News Business Article
WASHINGTON: US senators and Trump administration officials have reached an agreement on a massive economic stimulus bill to alleviate the economic impact of the coronavirus outbreak, White House official Eric Ueland said early on Wednesday (Mar 25). “We have a deal,” Ueland told reporters after days of negotiations on the package, expected to be worth US$2
