US President Donald Trump has escalated his fight against the Chinese-owned social media services TikTok and WeChat, and in the process also caused new tensions in the trade dispute with China.
The pharmaceutical companies and universities racing to develop a corona vaccine are making strides: according to the World Health Organisation (WHO), 25 candidates are currently undergoing clinical trials.
Despite the recent border openings, the corona pandemic continues to impact the aviation industry.
With the opening of many European countries’ borders, the travel industry, which has been severely affected by the response measures to the coronavirus pandemic, is also hoping for a revival of travel and tourism, which has virtually come to a standstill.
Germany’s government wants to cushion the consequences of the Corona crisis with a massive economic stimulus package. This show of strength is intended to revive the economy and consumption of citizens and avert a severe recession.
The Corona crisis has also caused the automotive industry to suffer a sharp drop in sales. The sharpest drop in new registrations was recorded in Italy and Spain. China provides a glimmer of hope.
The European Central Bank (ECB) wants to stick to its bond purchases despite the recent ruling by the German constitutional court. “We will continue to do whatever is necessary to fulfill this mandate,” said ECB chief Christine Lagarde.
The first reporting season of 2020 in the USA is dominated by the corona crisis. What trends can be seen from the Q1 figures for the rest of the year?
As the world’s best-known stock index, the Dow Jones Industrial index provides an overview of the most serious crises from the perspective of the financial markets. History shows that a deep fall does not necessarily mean a long dry spell.
While traditional monetary policy measures are also employed, the focus has recently shifted to a concept that has always been the subject of debate: helicopter money.