What might be useful is targeted assistance to those sectors and individuals that are disproportionately affected, suggests Mihir S Sharma. IMAGE:... ...http://www.rediff.com/money/column/fiscal-stimulus-is-not-the-need-of-the-hour/20200327.htm
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'Without it, it is going to be much, much, much, much worse.''In the meantime, we really need to work on a sort of war footing, given that it is a... ...http://www.rediff.com/news/interview/there-will-be-a-drastic-drop-with-the-lockdown/20200327.htm
The European Central Bank has ditched a cap on how many bonds it can buy from any single euro zone country, clearing the way for potentially... ...http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/4AYc0SxwXBw/ecb-primes-money-printing-gun-to-combat-coronavirus-idINKBN21D0L8
The European Central Bank will not apply its self-imposed purchase limits on a 750 billion euro ($818 billion) coronavirus crisis-fighting bond... ...http://feeds.reuters.com/~r/reuters/INbusinessNews/~3/e2K36JHbOZs/ecb-will-not-apply-issuer-limit-in-new-crisis-fighting-qe-idINKBN21D0L8
The European Central Bank cut...