BREAKING NEWS | G20 Finance Officials To Speak Again On Tuesday About Coronavirus

RIYADH | SAUDI ARABIA – Finance ministers and central bankers from the Group of 20 major economies will convene via video conference on Tuesday, for the second time in just over a week, to coordinate their response to the coronavirus pandemic, three sources told Reuters. One of the sources said the among the topics of … Continue reading BREAKING NEWS | G20 Finance Officials To Speak Again On Tuesday About Coronavirus

BUSINESS | U.S. Weekly Jobless Claims Surge To A Record 3.28 Million As Coronavirus Spurs Mass Layoffs

BUCHAREST   - The number of Americans filing claims for unemployment benefits shot to record of more than 3 million last week as strict measures to contain the coronavirus pandemic ground the country to a sudden halt, unleashing a wave of layoffs that likely brought an end to the longest employment boom in U.S. history. Initial … Continue reading BUSINESS | U.S. Weekly Jobless Claims Surge To A Record 3.28 Million As Coronavirus Spurs Mass Layoffs

BREAKING NEWS | G20 Leaders To Convene Remotely As Coronavirus Cases Near Half A Million

RIYADH | SAUDI ARABIA – Leaders from the Group of 20 major economies will speak by video link on Thursday about combating the coronavirus pandemic and its economic impacts, as global infections top 471,000 with more than 21,000 dead. G20 finance ministers and central bankers agreed this week to develop an ‘action plan’ to respond … Continue reading BREAKING NEWS | G20 Leaders To Convene Remotely As Coronavirus Cases Near Half A Million

BREAKING NEWS | Saudi King Says G20 Exceptional Summit To Unite Coronavirus Efforts

RIYADH | SAUDI ARABIA – Saudi Arabia’s King Salman said on Wednesday that as the world confronts the new coronavirus, the Group of 20 major economies will convene in an exceptional summit to come up with initiatives to unite the efforts to combat the pandemic. ‘As the world confronts the COVID-19 pandemic and the challenges … Continue reading BREAKING NEWS | Saudi King Says G20 Exceptional Summit To Unite Coronavirus Efforts

BREAKING NEWS | U.S. Tells Saudi Arabia It Has Opportunity To Reassure Markets Amid Coronavirus Uncertainty: State Department

WASHINGTON  - U.S Secretary of State Mike Pompeo and Saudi Crown Prince Mohammed Bin Salman Bin Abdulaziz Al-Saud discussed in a phone call the need to maintain stability in global energy markets as the world responds to the deadly coronavirus pandemic, with Pompeo saying Saudi Arabia can reassure markets, the State Department said on Wednesday. … Continue reading BREAKING NEWS | U.S. Tells Saudi Arabia It Has Opportunity To Reassure Markets Amid Coronavirus Uncertainty: State Department

BUSINESS NEWS | G20 Says Developing Action Plan To Deal With Global Pandemic

RIYADH | SAUDI ARABIA – Finance ministers and central bankers from the world’s 20 largest economies agreed on Monday to develop an ‘action plan’ to respond to a coronavirus pandemic that the IMF now expects to trigger a global recession, but they offered no specifics. The G20 secretariat issued the statement after the finance officials … Continue reading BUSINESS NEWS | G20 Says Developing Action Plan To Deal With Global Pandemic

SAUDI ARABIA | G20 Finance Ministers To Hold Talks As Coronavirus Fallout Grows

RIYADH | SAUDI ARABIA – Finance Minister from the Group of 20 major economies are to meet by teleconference on Monday, according to the published agenda of French finance chief Bruno Le Maire. The talks, scheduled for 1100 GMT, come as the G20 faces pressure to bridge internal division and take coordinated action against the … Continue reading SAUDI ARABIA | G20 Finance Ministers To Hold Talks As Coronavirus Fallout Grows