G7 sources contacted by Reuters ahead of the call said there is no appetite just yet for any coordinated moves to launch big spending programs or cut interest rates - not least because many of the world's central banks are already lending at historically cheap levels and have little firepower left.
More subtly, watch out too for how fears of infection are changing aspects of everyday life as banal as greeting habits: from NBA basketball to international cricket, fist bumps are replacing handshakes and even high-fives, while U.S. companies are discouraging personal contact such as hugs among their employees. Here is a graphic tracking coronavirus cases by country.
Super Tuesday:Bernie Sanders will look to take command of the Democratic presidential race when 14 states vote, while top rival Joe Biden aims to gain ground by muscling aside upstart Michael Bloomberg and consolidating moderate support on the nominating campaign’s biggest day. The Super Tuesday Democratic contests may test just how forcefully a Latino vote, that shaped recent local races in North Carolina and flipped California Congressional districts in 2018, stands to influence the race for the White House. Here is what you need to know about this key day.
President Trump called on the Federal Reserve to cut interest rates significantly, saying higher borrowing costs are tough on its exporters and puts the country at a disadvantage.
Amazon.com has quietly opened a series of small warehouses closer to big U.S. cities in a move to shave hours off delivery times, the company told Reuters. The world’s largest online retailer will guarantee packages arrive by several set times daily.
Winning over conservative Muslims in Indonesia, the world’s most populous Muslim-majority country, is both a challenge and multi-billion dollar opportunity for fintech firms that are riding its mobile internet boom and aim to sell financial services. Questions about compliance with Islamic law are a significant hurdle for the adoption of digital payments and other fintech services, industry executives say.
How bitcoin and other digital coins are defined could shape how they are regulated around the world. In turn, the rules they are subject to could determine whether they make the leap from a niche to a mainstream asset. So how will regulators treat them?
