The U.S. annual budget deficit totaled $625 billion during the first five months of the current federal fiscal year,...
Tag Archive for: Mar 17 2020
As of yesterday, 27 countries have either completely or mostly shut down their borders. The European Commission has announced...
Nations around the world are closing down schools, despite the fact that of those who have been infected by...
In a world of 7.7 billion people, as we go to press, some 7,866 people have died from the...
Since the virus outbreak, investment managers seeking to minimize risk have been dumping their holdings of stocks and bonds...
Businesses other than financial institutions owe about $13.5 trillion in bonded debt, according to the Organization for Economic Cooperation...
Banks face a triple threat: excruciatingly low interest rates; recently stiffened regulations about lending criteria and cash reserves; and...
After seeing its foreign currency reserve plunge to an all-time low, Lebanon failed to repay a $1.2-billion Eurobond that...
China’s exports to the U.S. dropped by 28 percent in dollar value and 17.2 percent worldwide in January and...
Spain’s stock market lost 14 percent of its value on Friday, capping a record one-month fall of more than...
“Survival Mode” Lifts Sales, Share Prices Consumers hunkering down at home to wait out the COVID-19 scare are boosting...
China supplies more than 90 percent of the hydrocortisone, antibiotics, and antibiotic ingredients consumed in the U.S. as well...
On 13 March, U.S. Treasury Secretary Steve Mnuchin said, “There is a lot of liquidity” in the markets and...
Last Thursday, the Dow dove 2,350 points, triggering an automatic, 15-minute shut down. On Friday the 13th, following President...
Major sectors of the U.S. and world economies are now in a bear market, defined as a 20-percent drop...
Governments across Europe are putting together bailouts for industries and workers harmed by the coronavirus’s economic shutdown. Germany’s government...
After refusing at its 12 March meeting to cut interest rates deeper into negative numbers, the European Central Bank...
Although oil prices rose more than 5 percent on Friday after President Trump said the Department of Energy would...
Early estimates have forecast that the coronavirus will cost the global economy at least $2.7 trillion, a figure that...
As Trends Journal subscribers know, for the past year, despite mainstream economic forecasts to the contrary, Gerald Celente had...