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Argentina wealth tax: Government to raise funds for COVID relief
Dozens of multinationals are fleeing this South American nation, claiming that doing business in Argentina is unprofitable.
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Argentina's protesters urge gov't to stop foreign debt payments
The economy in Argentina was in trouble prior to the pandemic, struggling with recession and high inflation.
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COVID-19 economic recovery requires sustained spending, Freeland says
Finance Minister Chrystia Freeland said the government can afford to continue spending on emergency support programs to help the Canadian economy through the 'coronavirus recession,' warning that ending them too early would imperil the...
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Trudeau is asked how his government will handle the economic recovery from the COVID-19 crisis
Prime Minister Justin Trudeau spoke with the CBC's Rosemary Barton from Parliament Hill Wednesday.
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Canadians could be caught in crossfire of Trump’s visa ban
U.S. President Donald Trump's latest restriction on the coveted H-1B visa could leave some Canadians stranded, but it could also create opportunities for Canada’s tech sector.
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Colby College’s Pay It Northward Campaign Promises Job Placement For Every Student In Its 2020 Class
Graduating from college can be a time of uncertainty and transition for most, but for the class of 2020 they face a unique challenge in navigating the job market after the impact of COVID-19. Colby College, a small liberal arts college...
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EU forecasts 'recession of historic proportions' this year
The European Union is bracing itself for a "recession of historic proportions" this year, with the coronavirus pandemic expected to cause a 7.4 per cent drop in economic output. "Europe is experiencing an economic shock without precedent...
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Need2Know: Pandemic Growing, Recession Official, George Floyd Funeral
These are the headlines you Need 2 Know for Tuesday, June 9, 2020.
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US Congress approves $484bn economic rescue bill
Latest rescue package to help small businesses and hospitals struggling due to coronavirus pandemic
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After virus control, Greece hopes for economic recovery
The IMF predicts a drop of 10 percent for Greece’s GDP this year, followed by 5 percent growth next year.
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Coronavirus fallout: IMF says Nigeria economy to shrink by 3.4 %
Global coronavirus lockdowns and low oil prices to hit Nigeria's economy, already reeling from high unemployment.
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Canada’s economy headed for strong, slow recovery after COVID-19
The Canadian economy is expected to see a strong — but slow — recovery once businesses are able to reopen after the COVID-19 pandemic, the IMF says.
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Global economy will suffer worst year since Great Depression, IMF says
Beaten down by the coronavirus outbreak, the world economy in 2020 will suffer its worst year since the Great Depression of the 1930s, the International Monetary Fund says in its latest forecast.
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COVID-19 will hit economy 3 times harder than 2008 financial crisis
The global economy will be hit three times harder by COVID-19 than it was by the 2008 financial crisis, but is expected to bounce back — eventually, according to the IMF.
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Asia Pacific countries react: IMF warn of economic depression
Japan mulls extending cash handout to all households to cushion the economic fallout and ministers in New Zealand will take a 20 percent pay cut for the next six months.
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Managing-COVID-19
Managing the COVID-19 recessionThe COVID-19 pandemic is having a massive effect on the economy. Experts say it's not a depression yet, and there are ways for business and households to get through it.
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'Need to prevent that recession from becoming a depression': Duclos
Treasury Board President Jean-Yves Duclos says the new wage subsidy criteria have been made more flexible for small business in an effort to keep Canada's economy from going into a depression.
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Need2Know: New Charges in Floyd Case, Jobless Claims Dip & Zoom IPO
These are the headlines you Need 2 Know for Wednesday, June 4, 2020.
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Europe’s Second Covid-19 Wave Could Cause Another GDP Stumble
Ludovic Subran, Chief Economist at Allianz, joined Wake Up With Cheddar to discuss how the rise in coronavirus cases in Europe could send the region into “double-dip" territory.
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EU project in danger if no solidarity on coronavirus crisis, says economy chief Gentiloni
As Europe’s economy heads towards recession, its leaders are at loggerheads over the issuing of so-called "corona bonds". A group of countries led by Germany and the Netherlands are against such bonds, which seek to share the debt burden...
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Coronavirus market carnage: Dow plummets nearly 3,000 points
Stocks, oil, gold and bitcoin all take a beating after emergency moves by the US Fed failed to stem virus fears.
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PM assures Canadians the economy will 'bounce back strongly'
PM Justin Trudeau announced a $82 billion aid package to help individuals and businesses during the COVID-19 crisis and assured Canadians the economy will recover quickly.
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OECD: 'We are putting the economy in the sleeping mode on a massive scale'
The Organisation for Economic Cooperation and Development slashed its growth forecast due to the coronavirus outbreak just two weeks ago. Now with millions under lockdown in Europe, OECD Chief Economist Laurence Boone says "We are...
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Government to announce financial, health care supports for coronavirus outbreak
The government will announce a ‘significant response’ to the coronavirus outbreak on Wednesday, CBC News has learned. The response is expected to include supports for workers, businesses and health care.