British economy shrinking at record pace, survey finds

Irish Times | Mar 24, 2020 at 10:53 AM

The flash composite PMI – which includes about 85 per cent of firms in the full survey – sank to 37.1 from 53.0, its lowest since the survey started in January 1998 and below all forecasts in a Reuters poll of economists.

Creative destruction

Impact Alpha | Mar 24, 2020 at 10:52 AM

ImpactAlpha, March 24 – “Economic data in the near future will be not just bad, but unrecognizable.” Credit Suisse titled its U.S. economy briefing GDP

Nigeria Naira Remains Under Strain After Devaluation

Bloomberg | Mar 24, 2020 at 10:46 AM

Nigeria will probably need to weaken the naira further following its devaluation last week, while the pressure the currency’s under will restrict how much the central bank can cut interest rates on Tuesday, according to analysts.

Covid-19: ATM withdrawal charges waived for 3 months

Hindustan Times | Mar 24, 2020 at 10:41 AM

Union finance Minister Nirmala Sitharaman on Tuesday announced the waiver of minimum bank charges for savings bank accounts to help citizens deal with a countrywide lockdown due to the coronavirus outbreak tgat has affected almost 500 people across the country.