SARS – Benefits Canada.com

Coronavirus poses tough challenge for economic policymakers

mschmit — Thu, 27 Feb 2020 04:20:44 +0000

The fast-moving coronavirus isn’t just confounding health officials. It’s also bedevilling policymakers and central bankers who are struggling to assess the economic damage from an outbreak that’s reached 37 countries and territories, infected 80,000 people and killed 2,700 worldwide. They don’t know where or how fast the virus will spread. They can’t draw on clear […]

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China virus outbreak chilling recovery for Asian economies

mschmit — Tue, 18 Feb 2020 05:15:58 +0000

The virus outbreak in China has put South Korea’s economy into an “emergency situation,” its president says. Japan is on the brink of recession and big manufacturers are forecasting a whole world of woe. As many Chinese finally go back to work after their longest Lunar New Year holiday ever, the economic fallout from the […]

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Shanghai Composite dives nearly 8% as China markets reopen

mschmit — Mon, 03 Feb 2020 04:13:40 +0000

The Shanghai Composite index tumbled nearly eight per cent on Monday as Chinese regulators moved to stabilize markets jolted by a virus that has spread to more than 20 countries, slamming regional tourism and threatening global growth. The outbreak of the virus in China has prompted governments around the world to step up surveillance and […]

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